Transferring Funds to PayPal: Please look what I did and comment what's more easier way than this, and with lower trans. fee

in #paypal6 years ago (edited)

Hi Steemians! I just want to share with you how I transferred my funds to PayPal. Minnows who are residing in the US will greatly benefit from this post and those who aren't net savvy like I am. I just tried this process to see if it'll work. And yes, it did! I hope whales and other steemians who are already a member for a long time here will see this post of mine and would comment below their suggestion on which is the easiest way other than this because as you know, there's transaction fee in PayPal and I guess in VirWox as well.

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I really made the following step-by-step literally because I know how it feels like to be someone who's completely new on a crypto world. So here we go:

First of all, you need to create an account on

  • blocktrades.us
  • coinpot.co
  • virwox.com

1. Login on Blocktrades

SEND: Steem Dollar
RECEIVE: Doge Coin
2.png

2. Login on Coinpot

  • click Dogecoin and copy the address
    2a doge.png

Then, go back to Blocktrades and paste the Dogecoin address, and click Get Deposit Address. Click Manual Transfer and just click Memo's box.

2b doge get.png

3. Go to your SteemIt Wallet

  • click Steem Dollars, choose Transfer
    3.png

  • fill in the box: To: @blocktrades, desired amount, then paste Memo from blocktrades and click submit.
    3b.png

  • The amount you sent to Blocktrades must be shown on your Steem Wallet's History. Then, wait for the amount to reflect on Coinpot's dogecoin shortly (mine took only 3 minutes).
    3c.png

4. On Coinpot

  • Click Convert Dogecoin to BTC
    4.png

  • Fill in desired amount or just simply click "maximum" amount on Doge; input your coinpot's password and click Convert.
    4b.png

  • Confirm conversion
    4c conf.png

  • Click "Bitcoin Core" on dashboard panel
    4d.png

  • Click Withdraw Bitcoin Core
    4e.png

5. Login on Virwox. Click "Deposit" on dashboard panel

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  • Copy Bitcoin address
    5a.png

6. Go back to Coinpot and click Bitcoin Core. Then click Withdraw and paste bitcoin address from Virwox. Fill in details needed and click Withdraw.

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  • Confirm Withdrawal
    6a.png

7. Go to your email address. Confirm withdrawal by clicking on the link sent by Coinpot.

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  • As what confirmation says, wait within 48 hours for your BTC to be credited to Virwox.
    7a.png

8. Go to Virwox

  • Under "Exchange" panel, click BTC/SLL
    8.png

  • On Exchange BTC to SLL, click NEXT.
    8a.png

  • Hooray! The order has been placed and FILLED COMPLETELY.
    8b.png
  • Now, under Exchange panel again, click USD/SLL this time.

  • On Exchange SLL to USD, click NEXT.

  • Confirm Order, click Place Order
    8c.png

  • If that didn't work, click "Limit Order" then click Place Order.
    8d.png

Great! The order has been placed and FILLED COMPLETELY.

Now, LET'S GET TO PAYPAL.

Still on Virwox account:

  • Under "My Account" panel, click Withdraw.

  • On Withdraw to PayPal, fill-in the necessary info and just click Request Withdrawal.
    9.png

  • You should see your funds in your PayPal account
    9a.png

  • and receive a PayPal confirmation in your email.
    9b.png

CONGRATS! YOU'RE ALL SET! :)

****

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This post has received a 3.13 % upvote from @drotto thanks to: @banjo.

Too complicated for me, but thanks for posting this.

Ate, it just looks hard but it's not. Ikaw pa teh. Mas mahirap pa yung tinuro mo saken sa movie. Lam mo na yun. Haha

I-try ko to minsan kabayan, mas mura daw ang bayad kung sa Dogecoin mo papadaanin ang cash-out mo sabi ni kabayan @pinay

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