Ultimate guide on how to transfer
Litecoin from DSX to Independent Reserve

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.

dsx_deposit

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 Independent Reserve

After verifying your account, you’ll then be able to deposit funds into Independent Reserve exchange through cryptocurrencies like Litecoin or Fiat money. Deposit methods include Electronic Funds Transfer and SWIFT transfer.

These are the easy-to-follow steps to help you make your first Litecoin deposit on Independent Reserve.

  1. Deposit Litecoin on Independent Reserve
  2. Deposit Fiat money on Independent Reserve

Click this link to access the exchange site.

After logging in, click on “accounts” for you to see your Account Balance and the available currencies. To deposit, you need to view the list and click on “deposit” in-line with your currency selection.

1. Deposit Litecoin on your Independent Reserve account

There’s a variety of cryptocurrencies that you can select from Independent Reserve, like Litecoin. To deposit Litecoin on your account, make your selection from the list under “accounts” and click on “deposit.”

You will then be routed to another page where you’d get to copy the wallet address. Make sure to use the same address in making Litecoin deposit transactions to avoid losing your funds.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Great job! You have added Litecoin to your Independent Reserve account. 

 

2. Deposit Fiat money on your Independent Reserve account

You also have the option to deposit Fiat money on your Independent Reserve account and the steps are pretty much similar to adding Litecoin deposit. Go to “accounts” and select your currency by viewing the list. Once you’ve made your selection, all you have to do is click on “deposit.”

You will then be routed to another page where you can select your method of deposit transaction and supply the required information asked by the system.

If you wish to view your pending and or previous deposit transactions, you may go to “Transaction History” at any time.

Excellent job on adding Fiat money to your Independent Reserve account!

Which Cryptocurrency do you want to buy, transfer or store?

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.