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

Step by step overview on how to withdraw Litecoin from DSX

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.

  1. Withdraw Litecoin on DSX
  2. Withdraw Fiat money on DSX

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

After logging in, click on “Account,” then “Withdraw.”

1. Withdraw Litecoin 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 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.

Great job! You have successfully processed Litecoin withdrawal from your DSX account. 

 

2. Withdraw Fiat money from your DSX account

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 you go! You have processed Fiat money withdrawal on DSX.

Step by step overview on how to deposit Litecoin on Allcoin

With Allcoin, you can deposit cryptocurrencies like Litecoin as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Litecoin on your registered and confirmed Allcoin  account:

  1. Deposit Litecoin on Allcoin

Click here to open the exchange site and click on “Log in.”

 

You have different options for logging in, depending on what you used when you registered your Allcoin account. Click on “Log in” to proceed.

Enter the verification code sent to your email and hit on the Login button.

 

To deposit, click on “Balances” which will route you to another page where you can view and select your currencies. Select your currency and click on “Deposit.”

 

1. Depositing Litecoin on your Allcoin account

For Litecoin deposit, select your Litecoin from the list by manually viewing the list or typing it directly on the Search box. You will then be given a wallet address. This is the address that you need to use in processing your Litecoin deposit. You have the option to scan the QR code to generate a new one. Make sure that the correct address is used in processing your transaction to avoid losing your funds.

To view your recent and previous Litecoin deposit transactions, just click on Deposit & Withdraw.

 

That’s it! You have added Litecoin on your Allcoin account. 

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