How to Cash Out Byteball Bytes ($GBYTE)

in #byteball6 years ago (edited)


This blog is for NEWBIE CRYPTO TRADERS like my friends @artgirl @dyinkfinity and others ;)

In order to cash out Byteball Bytes, we need an account at any exchange that supports GBYTE. For my fellow Filipinos, I recommend #Bittrex. We could sell Bytes to Bitcoin from Byteball Wallet but minimum is 0.001 BTC. I might try it soon but for now I prefer sending Bytes to Bittrex and buying other altcoins.

(1) Sign Up at Bittrex.com and verify your account if you haven't.

Read Bittrex Tip for Successful Verification:




*My Bittrex account got verified in few minutes only.


*Enable 'Two-Factor Authentication' for additional account security.

(2) Go to your Bittrex WALLETS.

Look for GBYTE symbol, click the green button with arrow down symbol, click 'NEW ADDRESS' and copy GBYTE 'Deposit Address' reference below screenshots.





(3) Go to your Byteball WALLET.

Click 'SEND' and paste your Bittrex GBYTE Deposit Address, enter amount you wish to send and click the blue "SEND" button reference below screenshots.




Check your Bittrex account if the amount has been credited to your GBYTE wallet. My first 55,000,000 Bytes test transfer was successful.

I always make sure to "test the waters" by throwing in a small amount first. In case I make a blunder, losing a small amount for me is but negligible.

I then sent 100,000,000 bytes again to Bittrex. We could send the free 150,000,000 plus we received less 541 bytes fee. See below screenshots.






At Bittrex, we can enable 'Auto-Sell' to automatically sell altcoins to Bitcoin for convenience.




When GBYTE or any altcoin is already converted to BTC we can BUY other altcoins and WITHDRAW it in STEEM, DOGE or BCH to SAVE ON FEES if we want to cash it out in Philippine PESO.


In my case, I "buy" and "withdraw" it in $STEEM. @artgirl sent me 100,000,000 Bytes direct to my Bittrex wallet. If you have a TRUSTED friend with Bittrex, #UpBit or #Cryptopia account, you can send your bytes to him/her to CONSOLIDATE trading/withdrawals and SAVE ON FEES. See below screenshots.



*DO NOT send your coins to strangers or to the wrong deposit address.

How to BUY and WITHDRAW Coins from Bittrex




I enabled "Auto-Sell" so my GBYTE balance was automatically converted to Bitcoin (BTC).

(A) Buy STEEM (or any altcoin)

Go to Bittrex MARKETS and select BTC-STEEM (or any pairs you wish to trade). Click "BID PRICE", select 'Ask' and 'MAX BUY' if you want to withdraw it all right away, then click 'Buy STEEM' (or your other preferred altcoin). See below screenshots.





(B) Withdraw STEEM (or any altcoin)

Go to Bittrex WALLETS and check if STEEM (or other altcoin bought) is already credited then click the orange button with arrow up symbol. Enter amount you wish to withdraw, type your message or memo (tag) and your Steemit USERNAME as 'Receive Address' if withdrawing STEEM. Click "Withdraw STEEM", enter password and code if you enabled 'Two-Factor Authentication'. Click 'Withdraw STEEM' again and your DONE! See below screenshots.









Check your Steemit wallet if you received STEEM from @bittrex.

*I NEVER withdraw BTC from exchanges due to high transaction fees.

READ the following:

➡️ No Byteball WALLET yet?

Download here: https://steem-byteball.org/#WVABNSQOBYSVUXXOOI4SHEPJCYWQKU5J

Then click CHAT...Bot Store...select Steem attestation bot (if you have Steemit account) and so on to verify your Steemit username, login via SteemConnect using your POSTING KEY (not password/active/owner/master key).

We can get the REFERRAL LINK from Chat replies. Invite new Byteballers to earn more Bytes.

Verify your real name and explore other bots if you wish.

⏺ Byteball is giving FREE MONEY to verified users. Who doesn't like free?

WARNING:

Comments with byteball address will be flagged.

*Images are my mobile phone screenshots


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Yun o. Ayaw ko ng Bittrex. Bakit ganun huhu.

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Bago n nmn un? Huhu ayoko na sumali s airdrop nxt time. Hassle amf. 😅

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Talaga 😁
Kung saang exchange listed yung coin mo siempre doon ka lang magtrade bago mo ilipat sa Coins.ph. Listed din sya sa Cryptopia. Bittrex best exchange na mabilis maglist ng coins kaya no choice magBittrex ka kung may mga baby coins ka 😅 claimed ko lang yan kasi free pero hindi ko bet bumili ng mga ganyan mas risky yan pero parang nanalo ka naman sa lotto pag naging ok.

Oh I see. 😅 Ok.

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Laki kaltas sa Bittrex. Yung $30 mo, 25 dun charge lang hehe. At least may $5 para sayo 😂

depende po sa coin. First time ko sa Bittrex pero Dogecoin, BCH or STEEM lang iwwithdraw ko kung sakali kasi kung Bitcoin malaki talaga fee sa mga exchanges 😊 sa Binance ang laki rin fees at hindi naman available Bytes sa Poloniex kaya no choice po Bittrex need lang idaan sa altcoin na maliit withdrawal fee. Inedit ko po post marami ako dinagdag. Edit ko ulit kung may maisip pa ako idagdag before payout. 😊

Pang-power up nga daw ng iba yan gbytes... Huhu... Panu un bkit half lang dpat itransfer? Half half lang dpat?

Yung half after a year daw pwede itransfer sabi 😁 di mo rin pala binasa lahat sa chat? Or iba replies sa iba 😁

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Akala ko half ng binigay yung buo pwede mkuha d b yung half ang naka-hold. So in reality pala 1/4 lang mailabas m pala. Boo. Hahaha.

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Ha?? Yung 150M plus nating na received pwede na yun itransfer agad sa Bittrex. Edit ko post sinubukan ko isend ngayon 100,000,000 bytes nagsend eh.

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Ok. Nahilo ako. Ayaw ko n s airdrop n hassle nxt time. 😂😂😂 Bat b ko sumali. 😂😂😂 Litsing $$$. 😂😂😂

Pasa mo na sakin haha image:1229.jpg

O yan nga yun. 😅 Half nga. Half ng half nyan ung trial transfer m lang or binuo m rin after yung 155210613?

Inedit ko na nagsend ako ulit sa Bittrex 100M

Yung amount sa taas may dagdag from referrer yun pwede ubusin bawasan mo lang 541 bytes fee 😀

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Ayun n nga... hehe. Oks. Mmya charging p phone ko. Full charge ko muna tas ska ko gawin. T_T

Sent ko na sa Bittrex m.

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May referral fee b Bittrex? 😂 Tsaka sesend ko ulit ung tinira ko n bytes ah... Buti naisip nila ung link n lng gmitin. Berigud. 😁

Tapos pa-send pohwz s BCH ko n lng. 😊

Ay wait... Wag n muna pala. Ahaha. Antay ko p referral fees para isang padala n lang. Sayang ang fees. 😂

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Sige. Adik sa referral wala referral program ang Bittrex 😂

Pwahahaha. Jusko mabenta kasi Byteball kaya if meron gagawa rin ako. 😂😂😂 Buti wla.

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Very useful post @pinay, gonna refer to this when I want to cash out.
Thanks!

You're welcome and thanks too for dropping by! 😊

My pleasure!

Very detailed tutorial, well done!

Thank you so much for the visit @tarmo888 😊

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Yun o, ang ayos n ng tutorial. Haha. Dpat may upvote ka from them.

Ngayon ko lang nabasa to huehue. Pero di ko na nga po nagagalaw byteball ko whahaha

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Panong di mo nagalaw amin na lang haha dapat may kasabay ka para mareach minimum "sell" sa Bittrex. Sinimot ko available balance ko eh ang natira lang yung locked pang nxt year sana tumaas price in the future tsaka sana makabili na ako new phone pangback up. Pag nasira phone ko wala na wala pa ako back up nya. 😅

Pagtapos po maconnect di ko na binubuksan wahahha

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Sayang sana nasabay mo kay artgirl 😊

i hope you help me to reach reputation 30 by votes
this is my address to send the fee
6BBM6PFN5T4FNWYKHVWDXK5HTD3HHAGO
thanks

J5RXNTEEAQENM3AJIY2XR3GEJLOXP2BC

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