MY STEP-BY-STEP SBD CASHOUT!

in #steemit7 years ago (edited)

The first step towards getting somewhere is to decide that you are not going to stay where you are. – Unknown



If you have read my previous post, it was about the first cashout of my SBD. So, on this blog, let me share to you how I did it in step-by-step process. You may have read some related posts too so, whichever you are more convenient with, it’s your definitely fine. This is the process though I went through last February 17, 2018 which I believe then an updated one as of the said date.

The transaction I made was from Steemit to Blocktrades to Coins.ph. Therefore I would suggest if you’re following this process, please sign up first to Coins.ph. For Blocktrades, we are not required to register though.


Okay, let’s go! I'm excited. I tried it to be detailed and simple as I can.

Since I already have an active account with coins.ph, I just then signed in.

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It only asked for either my email address or mobile number. In my case, I used my email.

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I received the Verification Code to my email and so I just copy-and-paste.

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Owh… Anyway, while it still loads to open my account. Let’s go now to Blocktrades.

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So, here we are. I clicked the Drop Down button beside the Ether.

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I chose Steem Dollar for I have only cents for Steem.

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Afterwards, I pressed then the Drop Down again but this time, the button beside the Steem at the right.

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Then I chose Bitcoin. Therefore, it should be Steem Dollar to Bitcoin conversion.

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I was thinking if I could cash out $300 SBD. I was wrong for I only have 25 Steem Dollar on my wallet so I just put in 25 for SBD. It will automatically be converted into Bitcoin value on the other side. So, don’t worry. Hahaha!

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This time, I went back to my coins.ph account, to my wallet. I clicked that highlighted button above, the wallet address.

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I was directed to that page. I copied the address provided.

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Next, I had to go back to the Blocktrades again. My apologies but that’s how it works. Are we still on the same page now buddy? ;-)

I pasted the address I had copied to field highlighted above.

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Right after, Clicked the Get a Deposit Address button. Just a blink of my eye, the Manual Transfer displayed. I clicked that then too.

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It gave me the Account Name and the Memo where should I send the SBD amount. Don’t forget these two for we need them on the next stage.

Am I getting dull? Okay, maybe we can take a 5-mnute commercial or bio-break? …

I’m back! So this time, I ran to my steemit account.

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To my steemit wallet, I clicked on the Drop Down beside the Steem Dollar amount and it showed Transfer, which I ticked suddenly for I like it fast.

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Now, this is where I need to paste the Account Name and the Memo given earlier. I indicated too on the Amount field how much would I like to transfer. Then go for Submit.

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Steemit required for my Password for confirmation purposes then Sign In.

Others said that they have received the amount to their coins.ph wallet within 15 – 30 minutes. However, In my case, I received it for like an hour. So, just be cool if it takes you that long too.

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The transferred amount was shown on the History of coins.ph and it came from the External Account. From whose account is it? External Account. Perfect! Good job!

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Moving on, I dropped by to the Cash Out section. There, I got 3 options on where to send the cash.

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I don’t have any account from Security Bank and GCash. So involuntarily, my only option is Cebuana, which is just a walking distance from my place. I am blessed!

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Coins.ph asked me how much I would like to cash out. I’d like to get a billion but I only have less. Hahaha! But nourishing.

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I was routed to the Recipient Details page. I filled it out with my own personal information for I was the one to claim it.

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Then, a confirmation of the total value that would be deducted from my wallet.

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This one is the complete details of my request. I would say to just ignore the note above regarding the Estimated Payout Time. I received their SMS in about 30 minutes.

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A lovely message from my Cebuana! Hmmmwah! Okay! Owright! I believe that would be all for today steemmates.

Have fun and enjoy what you deserve!



Live to Love! Love to Live!
Do No Harm!

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Great info! I was wondering how to go about that, not that Im there yet, but one day! LOL You did a great job at explaining! Thanks :)

my pleasure @smylie2005. blessings will come along the way... ;-)

Thank you. This really helps

you are welcome. Thank you so much as well for dropping by.

Congratulations! Naay paburger? 😊

Hahaha. Wala nay nabilin. Almost a month na earned, then one lang ubos na. Hahaha

Very helpful Jes! 👍

Thank you rox.

Hey @leebaong,
Congratulation for your first Steem Transfer!
Amazing that you are sharing your way through it with the Community. :)

Thank you @crypto2go. Im glad you like it.

You just rose by 56.3961% upvote from @therising courtesy of @leebaong. Earn 43.8% APR by delegating SP to therising. For more details visit: https://steemit.com/budget/@therising/auto-daily-payout-of-43-8-apr-for-steem-power-delegations-starting-from-500-sp-only-limited-period-offer.