Aside from transferring the funds to exchanges and buy some other coins for investment. One thing that we Filipinos do is when we receive a certain amount of SBD/STEEM is we sent it out directly to our Coins.ph wallet. I myself will not be discussing the cashout process anymore since there's a lot of tutorials done already by our fellow steemians out there.
What I will be sharing instead is something new to me and just did a trial on cashing out.
On my case since Cebuana Llhuiller is just nearby ( walking distance of 15 minutes) I am always using that method of cashing out my funds.
This time I tried 1,000 PHP as a sample
Then after that I also checked the other Cash-Out Option Globe G-Cash
The last one that I got was thru Cardless withdrawal from Security Bank
From 45 PHP fee from Cebuana, then 20 PHP fee from G-cash now we have 0 fees for processing a withdrawal from Security Bank . Isn't it amazing! yeah I am over reacting on that but hey extra savings would really mean a lot this time. Plus the nearest branch is just a walking distance from my place 25 mins walk.
So from now on, rather than going to the nearest Cebuana Branch that is costing me extra I will be using Security Bank on my withdrawals in that way I can save some more money.
That's all folks that I can share! Hope that somehow I gave you some ideas just incase that you are not aware of the fees involved when cashing out to coins.ph just like me.