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Part 1 of withdrawing your hard earned SBD $$$ to your Malaysian Bank account
by @bitrocker2020
Now there are many ways possible of using your
Steem Dollars ( SBD )
- You could exchange it to steem power it so that you can have a higher upvote value
- You could send it to an exchange and buy other cryptocurrencies
- Or you could cash out to your local Malaysian Bank account ( which we will cover )
What Next ??????
You wait for awhile for the transaction to be completed. When the transaction is done, you will see the balance in BITCOINS in your wallet on LUNO.COM.
How long will it take ?
The normal transaction time takes anywhere between 5 minutes to a few hours depends on the Bitcoin exchange traffic.
How do i know if the transaction is in progress ?
What if i send less then $10 ?
You would need to private message blocktrades on http://steemit.chat and show them your memo to refund it back to your steemit wallet.
Can you help me if I sent it to the wrong bitcoin address ?
NO ... once you sent out to the wrong bitcoin wallet, neither me or anyone on steemit or blocktrades can help you
Does it go straight to my bank account ? Where do i key in my account number ?
NO ... it goes to LUNO first. How to transfer from LUNO to your Malaysian Bank Account will be in Part 2 which I will post out very soon.
Can I only use LUNO ? Are there others ?
YES there are other exchanges out there. The methods of withdrawal is similar to this guide the only looks different. Some exchanges supports Debit Cards VISA / MASTER. For that guide you can follow this post i did awhile back LINK
Just to make things clear, I am not a shareholder or a partner nor associated with LUNO in anyway apart of being a normal user. You can choose to use the affiliate link or go directly to the website.
I'll work on Part 2 as soon as possible !
Till then, please keep Steeming and don't forget to tag teammalaysia
