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 How to transfer your earnings from Nicehash?

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JimWayne82
post Feb 17 2021, 02:19 PM

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Junior Member
31 posts

Joined: Dec 2015
From: Sawarak
QUOTE(zeroblaze @ Feb 16 2021, 10:56 PM)
Hi guys,

Newbie to cryto mining. I'm currently mining from Nicehash. Just started mining about a week ago. I tried googling around but it seems to be Coinbase is not supported in Malaysia (nearest is SG).

Questions:
1. How do you all transfer/manage your BTC earnings?
2. What's the easiest and cheapest way to cash out to MYR?
3. What wallet to use if I don't want to cash out and keep my mined BTC?

Thanks in advance!
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user posted image

You need Luno account. Then at nicehash wallet, convert your BTC earnings to XRP, then XRP transfer to Luno and sell in RM.
JimWayne82
post Feb 19 2021, 12:21 PM

New Member
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Junior Member
31 posts

Joined: Dec 2015
From: Sawarak
QUOTE(wongtheboy92 @ Feb 18 2021, 11:15 AM)
May I know what is the exchange fee? Is it worth doing so? Seems like losing quite a bit on exchange right
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user posted image

Direct change to XRP from BTC charge around 1 XRP. Transfer out XRP from Nicehash also charge less than 1 XRP. biggrin.gif
JimWayne82
post Feb 21 2021, 02:02 PM

New Member
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Junior Member
31 posts

Joined: Dec 2015
From: Sawarak
QUOTE(jett138 @ Feb 19 2021, 01:50 PM)
Jim, you can make more money by hitting on those algo bots, first 4 sell and buy prices is the same pair running different spreads. I usually spook the prices until they play into my interest. The bots aren't smart. At least the settings required calibration.
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rclxms.gif din know you can do that. Thanks boss, learnt something today thumbsup.gif

 

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