Ultimate guide on how to transfer
Bitcoin from DSX to LiveCoin

Step by step overview on how to withdraw Bitcoin from DSX

Processing Bitcoin withdrawal from your DSX account is only possible after passing the Know Your Customer” or “KYC” stage.

Here you will find steps that can help you make your first Bitcoin withdrawal on DSX.

  1. Withdraw Bitcoin on DSX
  2. Withdraw Fiat money on DSX

First off, access the log-in page of the exchange.

dsx_deposit

After logging in, click on “Account,” then “Withdraw.”

1. Withdraw Bitcoin from your DSX account

You can follow the same withdrawal process on all available cryptocurrencies on DSX. Remember that DSX is supporting Bitcoin (BTC), Bitcoin Cash (BCC), Bitcoin Gold (BTG), Litecoin (LTC) and Ethereum (ETH).

To withdraw Bitcoin from your DSX account to external wallet, you need to create a withdrawal template and use template each time you want to withdraw your funds to the same wallet address.

Inside the “Withdraw” page, click on “Create Template” and choose your Bitcoin. Specify the template name (label) and wallet address to which you want to withdraw funds. Make sure that you are selecting the correct address to avoid losing funds. The template will be available on the “Withdraw” page.

To withdraw cryptocurrency from your DSX account using existing withdrawal template, click on the necessary withdrawal template. You will be redirected to the withdrawal form where you need to enter your withdrawal amount. Click the “Withdraw” button afterward and approve your withdrawal request.

Bitcoin withdrawals are processed and sent to the cryptocurrency network in a few minutes. In some instances, it can take up to few hours due to additional security screening. Additional delays with Bitcoin withdrawals can be caused by limited liquidity on DSX hot wallets. In that case, the withdrawals processing delay can be up to a few hours, while DSX transfer funds to hot wallet.

Great job! You have successfully processed Bitcoin withdrawal from your DSX account. 

 

2. Withdraw Fiat money from your DSX account

Just like processing Bitcoin withdrawal, you need to complete the KYC stage before you can proceed with your transaction.

After clicking on “Withdraw,” you will be given instructions on what to input like your withdrawal amount.

Bank transfer withdrawals are usually processed within 1-2 business days. It can take longer during bank holidays. DSX uses Rietumu Bank to send bank transfers.

Withdrawals in Fiat currencies (USD, EUR, RUB) to the ePayments platform are instant.

There you go! You have processed Fiat money withdrawal on DSX.

Step by step overview on how to deposit Bitcoin on Livecoin

With Livecoin, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.

Let’s follow these steps to help you deposit funds on your registered and verified Livecoin account:

  1. Deposit Bitcoin on Livecoin
  2. Deposit Fiat money on Livecoin

Click here to open the exchange site.

Log in using the email address and password you’ve registered for Livecoin.

livecoin_deposit

Go to ‘Balance’ to view your balances for Fiat money and Bitcoin. This is the page where you can select which of the two you would like to deposit.

1. Deposit Bitcoin on your Livecoin account

For Bitcoin deposit, select your Bitcoin below “Crypto Balance.” In this example, we are using Bitcoin.

Click on “Deposit” next to the Bitcoin.

A new box pops-up displaying the Bitcoin address. Click on copy and make sure the address is correctly copied. Pay attention when you’re copying it as Bitcoin transaction cannot be reversed, and if you’re not careful, you would end up losing your money.

After depositing Bitcoin on your account, you will see your transactions when you go to “Transaction History.”

Great job! You have deposited Bitcoin on your Livecoin account.

 

2. Deposit Fiat money on your Livecoin account

If you prefer to deposit using Fiat money, select your currency below “Fiat Balance.” In this example, we are using USD.

Click on “Deposit” next to your selected currency.

livecoin_deposit

Next, choose your payment method and select whether the deposit is through the merchant or direct transfer. Always check your account number before sending you funds. Once you sent it to the wrong account number, it cannot be undone and your money can be lost permanently.

Click on “Pay now” to continue.

After depositing Fiat money on your account, you will see your transactions when you go to “Transaction History.”

Excellent! You have deposited Fiat money on your Livecoin account.

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