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

Step by step overview on how to withdraw Litecoin from itBit

With your fully confirmed and verified itBit account, you can take advantage of the different features available on the exchange. One of them is processing Litecoin withdrawal.

These are the easy-to-follow steps to help you withdraw Litecoin from itBit

  1. Withdraw Litecoin from itBit
  2. Withdraw Fiat money from itBit

Click this link to access the exchange site. Log in using the email address and password you’ve registered for itBit. Once you’re logged in, your default screen will direct you to itBit’s funding page.

1. Withdraw Litecoin from your itBit account

To withdraw Litecoin from itBit, choose the “wallet” account which you would like to withdraw. On the right-hand side of the screen, under “Withdraw”, select your Litecoin.

Enter in the address of your Litecoin wallet as well as your desired amount, then click the “Withdraw” button.

If you scroll down the funding page, you’d be able to see your withdrawal transactions.

Excellent! You have successfully withdrawn Litecoin from your itBit account. 

 

2. Withdraw Fiat money from your itBit account

To withdraw Fiat money from itBit, choose the “wallet” account which you would like to withdraw. On the right-hand side of the screen, under “Withdraw”, select your currency.

Choose the bank account you would like to withdraw to or add an additional bank account by clicking “Add bank account.”

If you scroll down the funding page, you’d be able to see your withdrawal transactions.

You did it! You have successfully withdrawn Fiat money from your itBit account. 

Step by step overview on how to deposit Litecoin on DSX

You can acquire funds in your DSX account through digital currencies like Litecoin or Fiat money. If you prefer to add funds through Bank transfer, you are required to finish the “Know Your Customer” or “KYC” process. If you have a verified ePayments account, you can link it and deposit directly.

Here you will find steps that can help you make your first Litecoin deposit on DSX.

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

First off, access the log-in page of the exchange.

After logging in, select the “Add funds” option. This is where you can see all your DSX cryptocurrency wallets.

1. Deposit Litecoin on your DSX account

If you wish to deposit cryptocurrencies like Litecoin on your DSX account, select your desired Litecoin. After making your selection, you will be given a “deposit address” which you need to copy using the “Copy button” or press the “Info button” and scan the QR code.  You will receive an email notification when the Litecoin deposit is processed and funds are available on your DSX account.

Incoming cryptocurrency transaction will be finally processed by DSX only after the exact count of network confirmations. Confirmations count depends on cryptocurrency.

For your reference, these are the supported cryptocurrencies:

Bitcoin (BTC) – 3 confirmations (apx. 30 minutes, sometimes longer)
Bitcoin Cash (BCC) – 6 confirmations (apx. 1 hour, sometimes longer)
Bitcoin Gold (BTG) – 6 confirmations (apx. 1 hour, sometimes longer)
Litecoin (LTC) – 6 confirmations (apx. 15 – 20 minutes, sometimes longer)
Ethereum (ETH) – 25 confirmations (apx. 5 – 10 minutes, sometimes longer)

Perfect! You have deposited Litecoin on your DSX account. 

 

2. Deposit Fiat money on your DSX account

For you to upload Fiat money to your DSX account through Bank transfer, you need to complete your KYC process as described above OR if you have a verified ePayments* account, you can link it and then deposit instantly.

*ePayments is an international payment provider that makes it easy to send money transfers across borders almost instantly.

From the dashboard, follow the instructions on how to upload funds to a bank account after passing KYC. If you’ve not passed KYC and/or need a faster option and you have an ePayments account, you can quickly link it (after clicking the “Add funds” button)

Awesome! Fiat money has been deposited on your DSX account.

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