Processing withdrawals from your funded LakeBTC account are simple. You can withdraw Litecoin or Fiat money, depending on what you have saved.
Let’s check the below steps to help you withdraw funds on your registered and confirmed LakeBTC account.
Click here to open the exchange site.
Log in using the email address and password you’ve registered for LakeBTC.
Once you’re logged in, you will be redirected to the ‘My Wallet” page. Click on “Withdraw” and select on the preferred sub-account you wanted to transact.
For Litecoin withdrawals, select your Litecoin from the sub-accounts menu. In this example, we are using BTC.
Fill in the desired Litecoin amount as well as the target Litecoin wallet address. You can get this address from your wallet. Click “Submit” to proceed.
Make sure to enter the correct address as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. For your protection, you’ll be asked to send a confirmation SMS from the registered mobile number.
To view your Litecoin withdrawal and other transactions, click on “Withdrawal History”.
To withdraw Fiat money, select your preferred currency from the sub-account menus. In this example, we are using USD.
Choose which method you would want to use to process your withdrawal. Make sure you provide accurate and complete information to your bank, otherwise, the transaction request will be rejected or you could lose your money if you supply incorrect data.
It takes 1 – 5 business days for banks to process international wire transfers.
To view your Fiat money withdrawal and other transactions, click on “Withdrawal History”.
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.
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.
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)
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)
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