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

Step by step overview on how to withdraw Litecoin from WEX

Processing withdrawals from your funded WEX account are easy. You can withdraw Litecoin or Fiat money, depending on what you have deposited.

Let’s go through the step by step process to help you withdraw funds from your WEX account:

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

Click here to open the exchange site.

Log in using the email address and password you’ve registered for WEX.

After logging in, select on “Finances” to view your funds.

1. Withdraw Litecoin from your WEX account

For Litecoin withdrawal, select your Litecoin under “Funds” and click on the “Withdraw” box.  In this example, we are using Bitcoin.

Enter the wallet address and make sure you are submitting correct one. Sending your money to the wrong Litecoin could cause you to lose your money permanently as the transaction can no longer be reverted. Click on “Withdrawal” to continue.

Nice! You have successfully withdrawn Litecoin from your WEX account.

 

2. Withdraw Fiat money on your WEX account

For Fiat money withdrawal, select your currency under “Funds” and click on the “Withdraw” box.  In this example, we are using Bitcoin.

Select your payment method from the drop-down menu. Enter the amount and the receiver’s name. After submitting, your chosen purse will open. Make sure accurate information is submitted as completed withdrawal transactions can no longer be reverted. Hence, you could accumulate fees or lose your money permanently.

Perfect! You have successfully withdrawn Fiat money from your WEX account.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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