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.
First off, access the log-in page of the exchange.
After logging in, click on “Account,” then “Withdraw.”
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.
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.
As one of the largest exchanges in South Korea, the platform offers a very friendly user interface for those who intend to fund their account may it be in the form of digital currencies or Fiat money.
In this guide, you’re about to receive instructions on how to place your funds on the Upbit exchange.
To get to the deposit page, you must first log in to your account. The sign-in link is here.
Click the ‘Login to cacao account’ button.
Log-in to the Kakao account that you’ve created which was a prerequisite in the Upbit registration. After entering your email address and password, hit on the Log In button.
Depositing in Upbit is free of charge. However, one has to pass their authentication process first before doing this step.
After getting a verified account, go to the ‘Disbursement’ tab which you find on the top navigation bar.
Click ‘Deposit and withdrawal’ beside the currency of your choice. The incoming address is where you can deposit your funds. Make sure to send the assets to the correct information to get rid of loss and delays. It usually takes 10-30 minutes for the processing depending on the cryptocurrency you choose.
For Fiat deposit transactions, access the ‘Disbursement’ page just like what you do when you process a Litecoin deposit. There are no fees as well in making this type of funding.
Select the asset that you’d like to fund and go to KRW charge. You should be able to view additional instructions on how to proceed once your account gets authenticated. Always see to it that all information you input is accurate to achieve a smooth and issue-free transaction.
If you wish to check your deposit, you can easily access the ‘Investment History’ page and going to the ‘Deposit/withdrawal waiting’ section.
You can also check it via ‘Deposit history’ of the ‘Disbursement’ page.
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