HOW TO CASH OUT SBD/STEEM USING BLOCKCHAIN.INFO

in cash •  7 years ago 

Have you tried transferring bitcoins from your Blockchain.info account to another wallet to no avail? The fund might have come from your stemmit payment, and you want to convert it to cash using a money transfer service like coins.ph. If that's your case, then this short blog can help. My experience can point you toward the right direction.

If you have 0.025 BTC in your Blockchain.info account, you have to specify a miner's fee of 0.0002 BTC to transfer bitcoins much faster and without fail to another wallet. Actually, you don't have to perform subtraction for each transaction. Just be aware that the amount of bitcoin transferred to another wallet is 20,000 satoshis less than the requested amount.

The right way to send bitcoin from Blockchain.info involves three steps, as shown in the following:

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#1 – Go to the "Send Money" tab in your Blockchain.info account.

#2 – Click on the "Custom" button.

#3 – Whatever amount you want to send, make sure you include a miner's fee of at least 0.0002 BTC, or 20,000 satoshis.

Doing the above steps ensures you avoid the possibility of an "unconfirmed transaction," which is not only disconcerting but also time-wasting. After sending money to another wallet, your bitcoin will be credited almost instantly.

I hope this short blog be of great help to you and clear any fears you have about using Blockchain.info. After all, BitLanders' decision to shift to Blockchain.info is indeed a good move!

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