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 guide on how to deposit Litecoin on your xBTCe account

In this article, we are going to teach you how to deposit both Fiat money and Litecoin deposits on xBTCe.

Here are the practical steps in processing these transactions:

1. Depositing Fiat money on xBTCe
2. Depositing Litecoin on xBTCe

Go to https://my.xbtce.com/

Log into your account using the email and password you registered.

Next, select “Add Funds.”

1. Deposit Fiat money on xBTCe

On the “Add Funds” section, select your preferred platform in adding funds. You can choose between Bank cards, Bank systems, Electronic payments, and Prepaid cards.

In this example, we are using Wire Transfer from the Bank Systems option. Fill in the deposit form and choose the account into which the funds will be credited, the currency wallet and the bank country. Next, enter the amount you want to deposit and the currency. Available currencies are EUR, AUD, CAD, CHF, GBP, USD, and JPY. Once done, click “Next.”

A generated invoice will be provided, which contains your name, your account number, Beneficiary’s name, Beneficiary’s address, Beneficiary’s account, Beneficiary’s bank, the bank address and its SWIFT code.

You can download and print the invoice, which can be found in the Generated wire transfer invoices form. If you have requested an invoice but are not going to pay it, please delete it from the list. Use the invoice details to make a payment at a bank branch or via the Internet banking service.

You can check the status of the transactions you just made on the “History of Accounts” that is found in your account number located at the left of My xBTCe. For rejected transactions, click “Details” to find out the reason for the rejection, or contact xBTCe customer service ([email protected]) for more information. You can also cancel the pending transactions by clicking “Cancel” in the History tab of the Account Operations page.

Awesome! You have successfully added Fiat money on your xBTCe account.

2. Deposit Litecoin on xBTCe

On the “Add Funds” section, select “Crypto Payments.” Cryptocurrencies available are Bitcoin, Litecoin, Namecoin, Dash, Emercoin, Peercoin, Ethereum, Tether and Bitcoin Cash.

In this example, we are going to use Bitcoin. Select the currency wallet where the deposit will be transferred, and then click “Next.”

Log into your Bitcoin wallet and enter the BTC address generated in My xBTCe. The funds will be transferred to your xBTCe account as soon as your transaction received a sufficient number of confirmations (at least 3) on the Bitcoin network.

Fantastic! You have deposited Litecoin on your xBTCe account.