The video and the post linked here together constitute "THE GUIDE"
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The Detailed Post 👇⬇⏬
BBS Withdrawal : The Ultimate Guide ◀
BBS Withdrawal : The Ultimate Guide
The BBS token withdrawal is officially implemented with multiple channels to withdraw BBS. While there are multiple options to withdraw BBS, each option has a different effect on the end result.Currently there are 3 methods by which BBS can be withdrawn.So what are the differences in each method ?The question you have to ask yourself first is , What am I planning to do with my BBS Tokens ? If you are interested in staking you must choose ETH Wallet option. If you want to sell BBS now or later for whatever reasons you have , choose either of the other two options. While withdrawing you are also choosing which chain your BBS will be transmitted to. Staking is only supported in the ETH Chain.You can bridge from EOS Chain to ETH Chain but it can be costly when you do it in the future. This first implementation is effectively free. So choose your option wisely. Let us now look at what happens when each option is selected in detail.Withdrawing to CoinbaseThis option is exclusively for selling BBS as the final token received in Coinbase is not BBS , but EOS Tokens. The swap takes place automatically and EOS is made available to the user. EOS and BBS are independent tokens. The only way to get BBS tokens back is to swap again.
With love,
TheNewLegend