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

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 RightBTC

With RightBTC, you can deposit cryptocurrencies like Litecoin as well as Fiat money, 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 RightBTCaccount:

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

Click here to open the exchange site and click on “Log in” after typing in the email address and password you’ve registered for RightBTC.

To deposit funds into your RightBTC account, go to “My Asset.”

You will then be redirected to the Asset Management page. Select “Deposit.”

1. Deposit Litecoin on RightBTC

To deposit Litecoin, click on the drop-down arrow to view the available cryptocurrencies. After selecting your Litecoin, you will be provided with an address which you can copy. This is the address that you need to use in processing deposit transactions. An incorrect address may lead to funding loss.

Great! You have deposited Litecoin on your RightBTC account. 

 

2. Deposit Fiat money on your RightBTC account

To deposit Fiat money, click on the drop-down arrow to view all available currencies. Just like cryptocurrency deposit, after selecting your currency, you will be provided with a wallet address. Copy and use this address in processing deposit transactions. Always remember to use the correct address to avoid losing funds.

You did it! You have added Fiat money on your RightBTC account.

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