Transfering BTC from your stormgain.com wallet to wallet

From the previous article about closing trades in stormgain.com and converting the usdt gains to btc, we will now transfers to btc from our stormgain.com wallet our local wallet so we can cash out the gains. keep in mind the commisions and fees. I will do the calculation at the end for a summary and how much we actually get from all of these at the end in cash.

We have .003+ btc that we can transfer to another wallet from our stormgrain.com btc wallet

Once we transfer from our usdt wallet to btc wallet, the convert and withdraw will activate, notice those 3 buttons on the top right corner. The far right with a "minus" sign is withdraw.

When you click on the withdraw button will will show you the withdraw funds interface, notice the minimum amount to withdraw, I wanted to do some test but it seems the minimum amount doesnt really serve as a test so close fingers it wil go through, Keep in mine about cryto dust [Article Here], don't leave peices of crypto that you cant transfer because the fees are bigger than what you are transfering.

So i went ahead with the minimum possible to do the transfer. Noticed the commision, Almost half of what i will receive, but this might be different, if its calculated based on percentage then its half sort of, but if its straight fees then that stays the same sort of and you get more, it might sound half since we are doing the minimum withdrawal. Will see when this goes through and the forced close comes in then will see when with transfer more than the minimum.

Once you confrim by clicking on the withdraw, a security measure will pop out. It will send an sms with a code to fullfil this transaction.It will send a code to your registered mobile number for your account.

Twice I did a resend code via the SMS but never got them so I tried the phone call version, and alas! i got a voice call with the code.

After encoding the codes from the voice call, Im asked to encode my authenticator code from google, this might be different for you if you didnt enable the 2FA, i did, so i have to encode it, its an added security measure.

And our withdrawal request will be done manually. So we will wait for this, As you can see below the transaction is held for processing.

I will be updating here, once this transations goes through, also the future on the forced close and should we continue or not with our journey with stormgain.com

Update: Still no transfer, so i tried to process a withdrawal again and this came out. Pending

Update: The manual transfer was successful

And when i checked the receiving btc wallet this is what was transfered

So, lets wrap things up. this is the breakdown

A. Closed 3 trades amounting to 323usdt more or less but an after commission 200+usdt

B. I converted 230 usdt to BTC which gave me .003237 BTC

C. I then transfered 0.00240 from my stromgain.com wallet to another wallet in the philippines, and received .00140001 btc. Stormgain.com This charges, commision and fees might look big since i transfered the minimum, If this charge is fixed, it wont matter if the amount you are transfering is big.

My take on this,

1. The trasnfer works, that is what matters, if the exit from stormgain.com pushes through. It was a test to see if the transfer works and the rest of the funds will be moved.

2. Now we know it works we can move bigger amounts, so fees can be done in 1 time rather than per transfer of smaller amounts, anyways there is a mimimum, so i suggest if you need to move crypto make sure to plan so you can transfer sort of once rather than recurring, saves on the fees.