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 CEX.io

CEX.io offers a convenient way of depositing Litecoin or Fiat money on your verified and confirmed account. Prior to making deposit transactions, Google Authentication must be activated.

These steps are very helpful in making your first Litecoin deposit on CEX.io.

1. Deposit Litecoin on CEX.io
2. Deposit Fiat money on CEX.io

Access the CEX.io website by clicking this link. Log in using your registered email address and password or via your social media account.

After logging in, you’d automatically see the “Deposit” button in green.

1. Deposit Litecoin on your CEX.io account

To deposit Litecoin on your CEX.io account, select your Litecoin and enter your desired amount at the right side of the screen, then click on “Continue.”

You will be given an address. This is what you need to use in processing your Litecoin deposit or you can also scan the QR code to generate a new one. See to it that you are copying the correct address when depositing to avoid losing funds.

Litecoin deposit transactions are available at the bottom of the page under “Recent BTC transactions.”

Excellent! You have deposited Litecoin on your CEX.io account.

2. Deposit Fiat money on your CEX.io account

The ability to deposit Fiat money on your CEX.io account is possible and you have three options to select from. First, you need to select your currency and enter your desired amount on the right side of the screen. Second, select your deposit payment method and fill out the form asked by the system.

If you choose to fund your account from the card, you need to input the card data. Note that you can fund your account only from your personal card, not 3rd parties cards.

You did it! You have deposited Fiat money on your CEX.io account.