Go back to your Steem Wallet and click on the drop-down arrow under Steem. Click on Transfer.
Now input the Binance Wallet Address and Memo.
Press the next button and make sure to double-check the details, then confirm the transfer, and enter your Active Key again for this to proceed.
After transferring your Steem, it may take a few minutes for the funds to reach Binance. You’ll get a notification on your application once the deposit is completed.
4. Trade Steem to USDT
Trade your Steem now to USDT, this is necessary because there’s no Steem in the P2P Sell option. Notice that you can choose whatever you want, you can trade it to USDC, BTC, ETH but for this tutorial, we will use USDT instead.
On Binance, tap Markets then search Steem, the options will be displayed, since we are going to use USDT, tap on that.
Tap the Sell button. On this page, we will input the amount of Steem to convert. I inputted 42.4 Steem and this shows 10 USDT (appx. PHP 560). Binance requires a minimum of USDT 10 for this transaction.
Tap Sell STEEM and wait for it to be filled or completed. The order is shown in the Open orders section. Once filled, the USDT value will be updated on your wallet balance.
5. USDT to GCash P2P
Go to Binance Wallet Funding then tap the Transfer button. Update From to Spot Wallet by tapping the up and down arrow keys at the side. Then select USDT from the list and input the amount of USDT, tap confirm to transfer the funds.
Now we proceed with P2P, tap the P2P button in your Funding section and tap Sell. Notice there are many buyers here with different options, bank transfers, Cash, etc, and their specific limit requirement. We will use GCash here I looked for a buyer who can accommodate at least Php 500. In this case, I found the buyer named Joy and immediately tap on Sell.
On this page, you can enter the total amount to be sold, the GCash number to receive the payment, and tap on it to add the GCash number.
Tap Sell with 0 fees!
Wait for the buyer to send the payment! Notifications will be received once the GCash funds are sent. Release the USDT funds and authenticate it via SMS or Google Authenticator and Done!
I hope this helps! I also generated a video summary of the entire process! You may watch it here below:
Thank you for sharing @junebride
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
galing sis! helpful ni sa mga wa pa gyud kahibalo unsaon pagcash out sa Steem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
salamat sis.hopefully makahelp!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is awesome... thanks for this ate 😘
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Salamat sa pagshare ani te😊
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Do not use the tag #burnsteem25 tag if you have not set 25% beneficiary to @null
@fombae
Curation Team - Cosmopolitan
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@fombae - why are you voting on this post if the tag was wrongly used ?
And if the post is all about taking money OUT of Steem, it doesn't add much to Steem Growth does it?
cc @huzaifanaveed1
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh, thanks for calling my notice. I actually commented and forgot to take out the vote.
Cashing OUT doesn't. But I was looking in the direction of learning purposes. I think while we are not encouraging cash out, understanding and having the knowledge can be looked at as growth for the individual steemians.
Thanks again, I will be more attentive
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Here, in this Curator team, we are specifically looking to curate posts which promote #steemgrowth which basically means the contribution of steemians towards the growth of Steem and Steemit. So we'll only curate posts which are focusing on the growth of Steem. Hope this clears it..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I got it immediately after the SC1 comment. Thanks
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for pointing that out.. I guess we all need to help others specially beginners how to cashout while this blog is a tutorial, I have specified as well and encouraged the readers to join #club5050... we must admit that we need to also allow users to cash out as they exert effort in creating content... we can't force them to put all their earnings without also getting a few steem to cashout...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for pointing this out. I will get in touch with @fombae right now and will make sure the team members are more attentive from now on.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i am sorry I missed to add the beneficiary .. just realized it after posting.. i am sorry
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's not the problem here, Sc1 is saying that the post is about cashing out steem so therefore it should not be voted with steemgrowth curation account s, hope you understand now.
So it's expected that we make more of post that would bring in more money instead of cashing out our savings.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for pointing that out.. I guess we all need to help others specially beginners how to cashout while this blog is a tutorial, I have specified as well and encouraged the readers to join #club5050... we must admit that we need to also allow users to cash out as they exert effort in creating content... we can't force them to put all their earnings without also getting a few steem to cashout...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ok you are welcome friend.
Friend I don't actually think anyone is forcing steemian to power up, what the steemit team is doing is more of encouraging steemians to power up steem for our own good
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i see.. I understand what you are saying but this message "taking money out of steem" simply means forcing...
how can we onboard people into steemit if we would not share how to cashout?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
U don't understand, the curator who voted you, is in charge of only steem growth post, so SCO1 is saying he is supposed to focus on his field
If fintech or learnwithsteem voted u, he won't complain.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the clarification
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing @junebride
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ako naman, I'm using Poloniex. Then Steem to USDT. Tapos USDT to XRP, then withdraw XRP to Coinsph. 0.05XRP lang kasi fee. Pero okay din po yung peer to peer sa Binance.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes okay din yan sir...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for sharing this dai. It's very helpful to the new Steemians. I hope they will be more motivated to post more now that they really can earn here on Steemit.
Luzon Mod
@kneelyrac
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you @junebride for this helpful information. You are right, we are greatly encouraged to write by a little bit of something we get from our work and also helping the community to grow. Hopefully a lot of newbies will be encourage more and do well soon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I lov e it sis! kaso di ako ma verify sa binance ko. ayaw nila tanggapin yung UMID ID ko. ang amhala pa naman mag kuha ng drivers's license.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ka ayo ani pagkahan-ay sis, ayo kaau pag kasuwat ba. Dili jud lisud e follow. Useful jud kaau ni sa mga gusto mo learn pud.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Salamat maam!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very helpful. I can go back to this later if I need to cash out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi maam @junebride ,. What if ang na clock is by fiat instead of by crypto ? Unsay mahitabo sa imo asset?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit