Ultimate guide on how to transfer
Ethereum from DSX to BitForex

Step by step overview on how to withdraw Ethereum from DSX

Processing Ethereum 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 Ethereum withdrawal on DSX.

  1. Withdraw Ethereum 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 Ethereum 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 Ethereum 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 Ethereum. 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.

Ethereum 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 Ethereum 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 Ethereum withdrawal from your DSX account. 

 

2. Withdraw Fiat money from your DSX account

Just like processing Ethereum 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 guide on depositing Ethereum on your BitForex account

BitForex is one of the world’s leading exchange platforms that offers crypto-to-crypto transactions.

Below are the steps to guide you in depositing funds to your account:

Go to https://www.bitforex.com/ and log into your account.

How to log into BitForex

Go to “My Assets” and click “Deposit.”

how to deposit funds on BitForex

Select the currency you want to transfer funds to from the “Please choose a Token” drop-down box.

how to deposit funds on BitForex

Next, copy the deposit address and paste it into your wallet. Always make sure to copy the correct address for completed transactions cannot be undone.

how to deposit funds on BitForex

Check your deposit history at the bottom of the page.

Bitforex deposit historyGood job! You have just funded Ethereum on your BitForex account. 

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