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

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 guide on how to deposit Litecoin on your CoinFlux account

CoinFlux accepts both crypto-to-crypto and Fiat money deposits.

Below is a guide that will help you process both currencies:

  1. Depositing Fiat money on CoinFlux
  2. Depositing Litecoin on CoinFlux

Go to https://coinflux.com

Log into your account using the email and password you registered.

Select “Wallet” on the menu at the left side of the homepage.

1. Deposit Fiat money on your CoinFlux account

There are no fees for storing funds to the RON wallets. The minimum deposit and minimum transaction value are 20 RON.

By funding your wallet, you can send money from your bank account via bank transfer. The information that you entered should match with your bank account, otherwise, the transaction cannot be processed.

Select the wallet and currency in which you wish to fund. Next, click on “Deposit.” Please remember to copy the data carefully. You can check out the transactions you made on the right side of the page.

Awesome! You have just deposited Fiat money on your CoinFlux account.

 

2. Depositing Litecoin on your CoinFlux account

By funding your wallet, you can send money by selling digital currencies.

Just like depositing Fiat money, there are no fees for depositing Litecoin to your RON wallet. The minimum deposit and minimum transaction value are 20 RON.

Moving on to the next step, select the currency you wish to fund and click on “Deposit.” Please remember to copy the data carefully as transactions can no longer be reverted. You can check out the transactions you made on the right side of the page.

Fantastic! You have just deposited Litecoin on your CoinFlux account. 

 

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