Ultimate guide on how to transfer
Ethereum from YoBit to Private: DSX

Step by step overview on how to withdraw Ethereum from YoBit

With YoBit, you can withdraw funds using a variety of cryptocurrencies as well as Fiat money.

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

  1. Withdraw Ethereum from YoBit
  2. Withdraw Fiat money from YoBit

Click here to open the exchange site.

Start by logging in using the email address and password you’ve registered for YoBit.

Click on “Wallets” to view your funds as well as the available Ethereums. To withdraw, select your currency from the list and click on the minus sign under “Withdraw.”

1. Withdraw Ethereum on your YoBit account

For Ethereum withdrawal, refer to the list under “Wallet.” In this example, we are using Bitcoin.

You can highlight it to make sure that you are working on your Ethereum and click on the minus sign.

Enter the withdrawal address. Make sure to enter the correct one as completed Ethereum withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. Click on “Withdrawal request” to continue.

To view your withdrawal transaction, click on “History”.

Good work! You have successfully processed Ethereum withdrawal from YoBit!

 

2. Withdraw Fiat money on your Gatecoin account

For Fiat money withdrawal, refer to the list under “Wallet.” In this example, we are using USD.

You can highlight it to make sure that you are working on your preferred currency and click on the minus sign.

The “Withdrawal” window pops up with the payment methods. Make your selection, and enter the withdrawal address. It is very important to paste the correct address as completed transactions can no longer be reverted, hence, you could lose your money if an incorrect recipient is added. Click on the “Withdrawal request” box to continue.

To view your withdrawal transaction, click on “History.”

Excellent! You have successfully processed Fiat money withdrawal from your YoBit account.

Step by step overview on how to deposit Ethereum on DSX

You can acquire funds in your DSX account through digital currencies like Ethereum 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 Ethereum deposit on DSX.

  1. Deposit Ethereum 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 Ethereum on your DSX account

If you wish to deposit cryptocurrencies like Ethereum on your DSX account, select your desired Ethereum. 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 Ethereum 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 Ethereum 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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