Processing Litecoin 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 Litecoin withdrawal on DSX.
First off, access the log-in page of the exchange.
After logging in, click on “Account,” then “Withdraw.”
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 Litecoin 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 Litecoin. 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.
Litecoin 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 Litecoin 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.
Just like processing Litecoin 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 are two different ways on how you can fund your 1BTCXE account. Either way, you will no longer need to pass any verification process on 1BTCXE, unlike other exchanges. However, it is a requirement to open an account with Crypto Capital so you can deposit Fiat currencies.
To help users with deposits, we have come up with easy-to-follow steps below.
The first thing to do is log-in to your 1BTCXE account using your email and password. Click the Login button to continue.
If you have set-up an added security to your 1BTCXE account like 2FA, you will need to enter your 6-digit code. You can get this from the authenticator app. Hit ‘Validate’ to proceed.
Once logged-in click ‘Deposit’ to start funding your 1BTCXE account.
From the Deposit page, you will see the ‘Deposit Bitcoins’ section. Send your funds to the address on the screen, or you can also scan the QR code. If you wish to obtain a different address, all you need to do is click the ‘Manage Bitcoin addresses’ button. Take note though that you can only generate a new address every 24 hours. Your funds will show after receiving three confirmations for the transaction and will depend on the worldwide Bitcoin network.
Fiat money deposit on 1BTCXE is a little different compared to other exchanges. The platform requires its users to open an account first from Crypto Capital. After getting and funding an account with them, you can go ahead and associate it with your 1BTCXE account by clicking ‘Manage bank accounts’ which you can find on the Deposit page.
To open an account with Crypto Capital, go to this link.
Hit the ‘Add Account’ button to continue to the next page.
Enter your Crypto Capital account number, Description, and Currency on their respective boxes. Be sure to provide the correct currency to avoid any conversion fee. Proceed by hitting the ‘Add Account’ button.
Here you will see a prompt stating that you have successfully added your Crypto Capital account.
Go back to the Deposit page to complete this process.
Locate step 3 and follow the instructions. The moment the transfer becomes complete your funds will appear on your 1BTCXE account in just a few minutes.
To view your deposit or balance, you can navigate to your ‘My Account’ page.
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