Ultimate guide on how to transfer
Litecoin from Coinone to Private: DSX

Step by step guide on how to withdraw Litecoin from your account on Coinone

Coinone is an exchange platform based in Korea that allows fiat money and crypto-to-crypto transactions.

Below is a guide to help you in withdrawing Fiat money and Litecoin from your Coinone account:

  1. Withdrawing Fiat money from your Coinone account
  2. Withdrawing Litecoin from your Coinone account

Go to Visit https://coinone.co.kr and click “Log in.”

Navigate your way to the Withdrawal section by clicking on the “D/W” button located at the top bar of the homepage.

1. Withdrawing Fiat money from your account on Coinone

From the withdrawal page, look for the Korean Won currency or simply go to “Quick menu.”

Select “KRW” and click on the “D/W” button beside it. In the Wallets section, select “Withdrawal” and enter the amount you want to withdraw on the on the withdrawal form, and proceed with the transaction.

Nice job! You have successfully withdrawn Fiat money from your Coinone account.

 

2. Withdrawing Litecoin from your account on Coinone

From the withdrawal page, look for the cryptocurrency you want to withdraw funds from, or simply go to “Quick menu.”

In this example, we are going to use Bitcoin. Locate the BTC button and click on “D/W” beside it.

Next, enter the amount you wish to withdraw and proceed with the whole process.

Congratulations! You have just withdrawn Litecoin from your account on Coinone.

Step by step overview on how to deposit Litecoin on DSX

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

  1. Deposit Litecoin 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 Litecoin on your DSX account

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