Ultimate guide on how to transfer
Litecoin from DSX to LBank

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 LBank

With LBank, you can deposit cryptocurrencies like Litecoin, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Litecoin on your registered and confirmed LBank account:

Click here to open the exchange site and click on “Log in.”

Type in your registered email address or mobile number and click on “Confirm.”

Click on “My Account” to view your Wallet. Select your Litecoin and click on “Deposit.”

You will be routed to a new page where you’d get to view your Litecoin.

The system will automatically generate a deposit address. Make sure you are using this address in processing your Litecoin deposit transaction to avoid losing funds.

You can view the deposit history by scrolling down the deposit page.

Fantastic! You have added Litecoin on your LBank account.

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