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.
With YoBit, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.
Let’s follow these steps to help you deposit funds on your registered and verified YoBit account:
Click here to open the exchange site.
Start by logging in using the email address and password you’ve registered for YoBit.
Click on “Wallets” to view your funds as well as the available Litecoins. To deposit, select your currency from the list and click on the plus sign under “Deposit.”
For Litecoin deposit, refer to the list under “Wallet.” In this example, we are using Bitcoin.
You can highlight it to make sure that you are working on your Litecoin and click on the plus sign.
The “Deposit” window pops up with the wallet address. Copy the address, scan the code, or generate a new one. Send the transaction to continue. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Litecoin as it can no longer be reverted.
To view your deposit transaction, click on “History”.
For Fiat money deposit, refer to the list under “Wallet.” In this example, we are using USD.
You can highlight it to make sure that you are working on your preferred currency and click on the plus sign.
The “Deposit” window pops up with the payment methods. Make your selection, enter the amount, and click on “Deposit.”
Follow the instructions and fill out the information correctly as it is shown on the account statement. If you fail to provide accurate information, you could lose your money as processed deposits can no longer be reverted.
To view your deposit transaction, click on the “History”.
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