So, here is my blog about my first withdrawal transaction using my Coins.Ph funds to a Security Bank Cardless ATM process.
Months ago I was introduced to websites where I can earn bitcoins, those bitcoins can be transferred to this online wallet called Coins.ph . I have been doing several task online to earn bitcoins and recently I won $30 for a single tweet for the #GratitudeForYou campaign of Changetip.com. When I got prize, I had an option if I want to transfer it to my Paypal or by Coins.ph account. Since I wanted to try the how the withdrawal transaction of Coins.Ph, I transferred the funds there.
I waited for 24 hours for the fund in the Coins.ph wallet before I made the withdrawal.
Here is the step:
- Once you have available funds in Coins.Ph account. (eg. P500 or the equivalent amount in bitcoin). You can transfer the funds between the two. My funds were all in bitcoin so I converted the amount of bitcoin in peso equivalent. (0.101 BTC- P1,904.25).
- In the image you can see at the tab My Wallet, Add Money, Cash Out, Buy Load and Pay Bills. Choose Cash Out, variety of option you can choose from in cashing out your funds.
-Out of all the options there to cash out the Cardless ATM is the best for me. It doesn't charge any fees with the transaction which is a Plus for me.
3. Choose Cardless ATM Instant Payout (24/7) - eGiveCash (Instant Free
The transaction I made will prompt right away in My Wallet dashboard which I can easily track.
The email I got within a few seconds of the withdrawal, with the 4 digit passcode and other information needed in the ATM withdrawal later.
SMS from Coins.Ph with the amount I requested, senders name and the 16-digit code.
Another email informing me that the order I made for the Coins.ph Cardless ATM Security Bank withdrawal payout has been successfully processed.
All I have to do right now is to go to the nearest Security Bank and follow the step by step guide so I can get my funds. You can also visit this page for a video presentation about the Cardless ATM withdrawal
------ UPDATE -------
On the way home I dropped by Security Bank Magsaysay Drive to withdrew my eGiveCash payout and it really worked! I supplied the necessary pin numbers ( the 16-digit and the 4-digit passcode), the amount of P1,900 and within a couple of minutes the machine dispensed the money. No fees deducted no added fees for this transaction. I have now an extra P1,900 for my coming birthday this weekend! ;)