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.
You can deposit both cryptocurrencies and Fiat money on your registered and verified BTC-Alpha account.
Here are the steps on how to do it:
Go to the BTC-Alpha website or simply click here.
Log in to your account using the email address and password you registered.
Once you’re in, click on your username at the top-right corner and select the “Finance” button under it.
For BTC-Alpha, USD is the only Fiat money accepted.
To start, type in USD on the search box. After locating it, click on “Deposit.”
BTC-Alpha provides payment solutions like Advanced Cash, Perfect Money, and NixMoney. Select one of these (sign up beforehand) systems to deposit funds on your private account.
On this example, we are using Advanced Cash.
Check out the transaction fee, minimal deposit, and maximal deposit in box 2. Enter the amount you wish to deposit in box 1 and hit “Checkout” or “Next.”
After depositing successfully, you can check out the transaction in box 3, or by going to the “History” button on the left side of the page.
Let’s deposit Litecoin on your BTC-Alpha account. Here, we are going to try to withdraw Bitcoin from your wallet.
Go to “Finance,” head to the Bitcoin tab from the cryptocurrency list and select “Deposit BTC.”
You can either do this through the QR code or by just copying the address. Always check the first two digits and last two letters of the address to see if you have copied the correct one. Remember that deposit transactions can no longer be reverted and you may lose your money if wrong address is used.
Open your Bitcoin wallet and paste the address you copied from your BTC-Alpha account, put in the amount you like, and then click on “Send.”
You can check your transaction history on the “History” button located on the left side of the Finance page.
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.
Please do your own research on all of your investments carefully. Scores are based on averages of third party websites. Past performance is no indicative of future results. Read the full disclaimer here.