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.
With Coinbase, you can deposit cryptocurrencies like Litecoin as well as Fiat money.
Here are the steps on how to deposit Litecoin on your registered and confirmed Coinbase account:
Click here to open the exchange site and click on “Log in.”
Select on “Sign In” then enter your registered username and password. Click on the “Sign In” button to continue logging in.
To deposit funds on your Coinbase account, select on “Accounts” once you’re completely logged in.
To deposit Litecoin on Coinbase, locate your Litecoin and click on the “Deposit” button. You will then asked to enter your wallet address or scan the QR code to generate a new one. Make sure you are using the right address in making deposit transaction to avoid losing funds. Type in your amount and confirm your deposit.
To deposit Fiat money on your Coinbase account, locate your currency and click on “Deposit.” Select your funding source and the amount that you wish to deposit. Click on “Continue” and fill out the needed information required by the system, depending on the method you’ve selected. Make sure you supply accurate information to avoid losing funds. Then, confirm your deposit.
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