Ultimate guide on how to transfer
Bitcoin from Simex to DSX

Step by step guide on how to withdraw Bitcoin from your account on Simex

Simex is a user-friendly exchange platform that allows both Fiat and crypto-to-crypto transactions.

Here are the steps on how to process Bitcoin withdrawal from Simex:

  1. Withdrawing Fiat money from Simex
  2. Withdrawing Bitcoin from Simex

Go to https://simex.global/en and log into your account

Select “Withdraw” from the Finance tab.

1. How to withdraw Fiat money from your account on Simex

To withdraw funds, update your bank details first in your “Withdraw Accounts” page.

From the “Withdraw” page, select the financial account you wish to withdraw funds from. Enter the amount you want to withdraw, and select the method you wish to use. Once done, click the “Next” button.

For RUB, Visa & MasterCard debit cards, Yandex, Money, Webmoney RUR are allowed and for USD, Wire Transfer is offered.

Withdrawal requests are processed within 24 hours. Funds transfer to your bank debit card may take up to 5 business days.

Good job! You have just withdrawn Fiat money from your account.

 

2. How to withdraw Bitcoin from your account on Simex

Open the “Withdraw” page in your Finances tab, and choose the financial account you wish to withdraw funds from.

Enter the desired sum you want to withdraw. Select the method you prefer to use to complete the withdrawal and press the “Next” button.

Digital wallets are processed online in real time, unlike Fiat money which takes up to five business days.

Congratulations! You have successfully withdrawn Bitcoin from your account.

Step by step overview on how to deposit Bitcoin on DSX

You can acquire funds in your DSX account through digital currencies like Bitcoin or Fiat money. If you prefer to add funds through Bank transfer, you are required to finish the “Know Your Customer” or “KYC” process. If you have a verified ePayments account, you can link it and deposit directly.

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

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

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

After logging in, select the “Add funds” option. This is where you can see all your DSX cryptocurrency wallets.

1. Deposit Bitcoin on your DSX account

If you wish to deposit cryptocurrencies like Bitcoin on your DSX account, select your desired Bitcoin. After making your selection, you will be given a “deposit address” which you need to copy using the “Copy button” or press the “Info button” and scan the QR code.  You will receive an email notification when the Bitcoin deposit is processed and funds are available on your DSX account.

Incoming cryptocurrency transaction will be finally processed by DSX only after the exact count of network confirmations. Confirmations count depends on cryptocurrency.

For your reference, these are the supported cryptocurrencies:

Bitcoin (BTC) – 3 confirmations (apx. 30 minutes, sometimes longer)
Bitcoin Cash (BCC) – 6 confirmations (apx. 1 hour, sometimes longer)
Bitcoin Gold (BTG) – 6 confirmations (apx. 1 hour, sometimes longer)
Litecoin (LTC) – 6 confirmations (apx. 15 – 20 minutes, sometimes longer)
Ethereum (ETH) – 25 confirmations (apx. 5 – 10 minutes, sometimes longer)

Perfect! You have deposited Bitcoin on your DSX account. 

 

2. Deposit Fiat money on your DSX account

For you to upload Fiat money to your DSX account through Bank transfer, you need to complete your KYC process as described above OR if you have a verified ePayments* account, you can link it and then deposit instantly.

*ePayments is an international payment provider that makes it easy to send money transfers across borders almost instantly.

From the dashboard, follow the instructions on how to upload funds to a bank account after passing KYC. If you’ve not passed KYC and/or need a faster option and you have an ePayments account, you can quickly link it (after clicking the “Add funds” button)

Awesome! Fiat money has been deposited on your DSX account.

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