📋Tutorial - Step by Step Guide on How to Withdraw BBS Tokens to EOS Anchor wallet& convert to FIAT?

Hello guys i see many of you asking you how to withdraw ur BBS Balance to ur EOS wallet and convert ur BBS tokens in to FIAT which u can withdraw to ur Bank account or debit card..

Transferring ur BBS tokens to ur EOS wallet means you are getting BBS tokens on EOS mainnet and not ERC-20 tokens so you wont be able to stake ur tokens if u follow this process of withdrawal..

If you are planning to stake ur tokens u will have to transfer ur tokens on ur Metamask wallet using ETHEREUM WALLET transfer option..

this process is a little bit tough to understand specially if you are newbie to cryptowallets and if you have never done any transaction on EOS chain..

Plese read each and every step carefully🙋🏻‍♂️

1) Download & Install Anchor Wallet on ur phone aswell as on ur Windows/Mac PC or laptop..

Create EOS wallet on ur phone it will cost u around $1.70 to make EOS account on Anchor wallet..

Your user account wallet address will be unique here for example on metamask ur address is like 0x34c9... but on EOS u can manually choose ur wallet address name in alphabet...

Once you made ur EOS wallet account on it should look something like "cryptosml.gm" 

make ur account name as ur username so its easier to understand for everyone..

2) Import your account on ur Anchor wallet PC application using ur private keys..

Once you successfully imported ur account on ur PC using ur private keys you will be able to see the same on www.bloks.io/(YourUserWalletName)

once u see ur address on bloks.io u will now be eligible to receive and send on EOS chain..u can track every transaction of urs on bloks.io website..

NOTE - To do any transaction you will need EOS tokens on ur anchor wallet so make sure to buy atleast 1-2 EOS token from ur binance or any of ur exchange that u use and transfer it to ur Anchor wallet first... Gas fees on EOS wallet is DIRT CHEAP. 

EOS tokens u transferred on ur anchor wallet now will be used to pay for ur trandaction fees aswell as u can buy RAM/CPU for the transaction if those things are showing not enough... if you are new on EOS wallets and crypto wallets kindly DYOR and understand the network and its chain first and then proceed.

3) As you have ur EOS wallet name and account created and make sure u have EOS tokens on ur anchor wallet to pay for gas fees..Now you can just copy ur user wallet address and on bbs website in withdrawl section use EOS Wallet.. paste ur wallet address and put any number on memo as it doesnt matter here.. memo are just used to confirm urself for transaction..u can pur any number on memo and click on withdraw..

4) Once you withdraw ur tokens u now successfully see this transaction in track on (bloks.io/urwalletadressname) and you will see BBS tokens amount showing in ur anchor wallet..

Make sure u are logged in and connected ur anchor wallet on bloks.io website..

5) Once u recieved bbs tokens on ur eos wallet now if you want to sell this tokens you will have to go to defibox.io website and swap it for EOS tokens ...

Open defibox.io connect ur wallet and choose swap BBS tokens to EOS.. this swap will convert ur BBS tokens to EOS and you will have to pay gasfees to approve this transaction in EOS..

Once swap is done now you will be able to see EOS tokens on ur anchor wallet.. u can go to wallet and use transfer option to send this EOS tokens to ur Binance EOS wallet address or any exchange of ur EOS exchange wallet where EOS is listed..

Once you received ur Eos Tokens on ur exchange u can sell for FIAT currency and take that money and transfer it to ur bank account or debit card.

hope this one helped u .. 🙋🏻‍♂️ do like and comment this took me 20 mins to type lol 😄