Cashout to ETH with ZERO FEES!!!

What's up my friends at BBS?
Today I'd like to welcome you to my guide about how to withdraw to ETH with zero fees.

You may now think how is that possible, is this guy a wizard.

No sadly I'm not.
Even I can't withdraw directly from BBS Network to ETH without paying the 340 $BBS fees.

But there's another way, where you still end up on ETH without paying  any fees.
So let me show you how.

Reminder! Use these DAPPS and links on your own risk, this is not financial advice!

1. Withdraw to EOS wallet:

For doing this I'd recommend the Anchor Wallet.
This is an app for your Android or iPhone.
EOS doesn't have blockchain addresses like usual, so you will have to choose a username.
Copy your username to BBS Network and type 0 as memo, like I did.
Then you can proceed to withdraw.

2. Swap $BBS through DEFIBOX

First you need to login via your Anchor wallet.

I'd recommend to swap $BBS to $PETH since we need this $PETH later on.
$PETH is a bridged form of $ETH.

Beware of the different price on DEFIBOX compared to other platforms!

For a long time the price of $BBS was way lower on DEFIBOX compared to other platforms because of the low liquidity and selling pressure.
At some times you lost more than 30% value because of a swap on DEFIBOX.
This is also the reason I waited so long for this guide, because I didn't want you to use my guide and then lose value on DEFIBOX.

Right now the $BBS price on DEFIBOX is nearly the same like on Bancor.
But be aware that it can change!

DEFIBOX: 0.02096
Bancor: 0.02178
So that's still a difference of about 3.7%

If you want to withdraw a huge sum, right now more than $160 worth of $BBS, it's cheaper to use ETH directly.
For small amounts DEFIBOX is the best choice.

Here's the link to DEFIBOX:  

3. Grow you $PETH amount to 0.025

Bridging the $PETH to $ETH requires a minimum amount of 0.025 $PETH.
You can stack your $PETH on EOS until you reach that amount. There's no problem with that.
I also withdrew multiple times until I reached 0.025 $PETH.

4. Bridge $PETH from EOS to $ETH

Now the exciting part!
There's a wonderful platform called "pNetwork".
This is a cross chain bridge connecting EOS to most other chains.
Cool thing is: THEY PAY FOR THE GAS FEES!

So bridging $PETH to $ETH is basically free (0.25% fee).

Here's the direct link to the interface:  

You have to connect your Anchor Wallet first and copy paste your ETH address into the DAPP. Then you can proceed to swap $PETH to $ETH.

5. Receive $ETH 

There are no more steps you need to do. The pNetwork is working in the background for some minutes now and you will automatically receive the bridged $ETH in your chosen wallet.

This method is only useful if it doesn't matter to you, that you won't receive $BBS in your ETH wallet. This is not possible through this method.

If you want $BBS on ETH you need to withdraw it like usual with the 340 $BBS as fees.

How do you like this guide? Let me know in the comments!!