Tutorial: How to Withdraw Your Steemit Funds (SBD & Steem) to Coins.ph (BTC & Pesos) Using Blocktrades

This is a step by step tutorial on how to withdraw your funds, your SBD (Steem Dollars) and Steem to Coins.ph through selling it with Blocktrades. You can also choose whether to receive it in BTC or in Pesos in coins.ph.

You will need to have an existing Coins.ph account in order to proceed with the transaction.

If you would like to withdraw your funds in Steemit, click the wallet tab and you will be directed to the wallet/transfers page. If you like to withdraw your Steem dollars, click the dropdown arrow which is located besides your Steem dollars balace. Then click Sell.

When you clicked the Sell button, another page will open on another tab. It is the Blocktrades exchange page where you will be selling/exchanging your funds. Note: Just keep your wallet/transfers page open.

In the Blocktrades page you will see in the send side which is Steem dollar and the receive side which is Bitcoin.

Enter the amount of Steem dollar that you would like to sell or exchange just like in the photo below. An estimated amount of Bitcoin that you will be receiving with such amount of Steem dollar will be visible on the receive side. Which means you will have an idea already of how much Bitcoin you will going to receive when you finished the sell transaction. Keep the Blocktrades page open.

Then open your Coins.ph account to get your Bitcoin address. If you prefer to receive your funds in Bitcoin, choose BTC under the ALL WALLETS and click the QR code symbol as shown in the photo below to reveal your BTC address.

Then copy you Bitcoin wallet address.

If you prefer to receive your funds in Pesos, click the PHP under the "ALL WALLETS". Click the QR code symbol and then copy the address in the pop up window as shown below.

Open the Blocktrades page then paste your Bitcoin wallet address to the Your receive address. You will be prompted if the BTC address you provided is valid or not. If it is a valid BTC address, you can click the Get Deposit Address Tab to proceed with the transaction.

After clicking the Get Deposit Address, a new page will appear with the details that you will need such as the Account Name and the Memo. It is important to read the "Note" on this page as their current fee per transaction is 8.104 SBD.

If you still like to proceed with the transaction. Go back to your wallet/transfers page in Steemi and click the dropdown menu again of your Steem Dollar balance and click Transfer.

Pop up window will appear. Enter the required details. The amount of Steem dollar that you would like to withdraw/transfer, To: blocktrades and for the Memo, copy the Memo in the Blocktrades page. Then click Submit. After clicking submit you will be prompted to sign in to your account using your master password. Log in and then your transaction was complete.

You can check the status of your transaction in the Blocktrades page if you keep the page open.

Or you can wait for few minutes and refresh your coins.ph wallet to see if you have received the funds already. You will also receive an email from Coins.ph when the fund were received in their site already.

NOTE: If you would like to withdraw your Steem, it will be the same process. You will be just clicking the Sell in the dropdown menu of your Steem balance.

I hope that my contribution will be useful for the platform. Thanks.

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Posted on Utopian.io - Rewarding Open Source Contributors

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