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

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 Indacoin

Indacoin allows you to deposit both cryptocurrencies like Litecoin and Fiat money. Prior to doing deposit transactions, you need to verify your identity, however, the process is simple and straightforward.

Here are the steps on how to deposit Litecoin on Indacoin account:

  1. Deposit Litecoin on Indacoin
  2. Deposit Fiat money on Indacoin

To log in, open the Indacoin site and click on “Products” then “Trading Platform.”

Type in your registered email address, password, and the captcha provided by the system. Click on “Sign in” to continue.

After logging in, click on “Send/Request.” Please take note that Indacoin uses the term “Request” for deposit.

 

1. Depositing Litecoin on your Indacoin account

To deposit Litecoin, click on “Cryptocurrency” and select your Litecoin from the drop-down menu. 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 funds.

Recent and previous transactions can be viewed under “Account History.”

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

2. Depositing Fiat money on your Indacoin account

For Fiat money deposit, select on “Money” and choose your currency from the drop-down menu. Since this step requires you to add a credit card, you need to go through Indacoin’s Verification process.

Once verified, click on “Deposit.”

Recent and previous transactions can be viewed under “Account History.”

Perfect! You have added Fiat money on your Indacoin account. 

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