I want to share an easy way on how to cash out your SBD on to your Coins.ph wallet.
Step 1 : On your Steemit wallet you can see your SBD balance.
Click and select SELL
You will go directly on BLOCKTRADES link
No worries it was safe and part on transfering SBD.
Note:
Select SBD and ETH
Put the SBD amount you want to sell.
Scroll down and go to 'Receiving Address'
And Paste your Coins.ph ETH address.
Then Click 'Get Deposit Address'
And you will directed on Blocktrades Deposit link on which you can see the 'Account Name' and 'Memo'
Copy the Account Name and Memo and paste it on this column.
Copy the Account Name and Memo and paste it on this column. And click Submit.
For me it only takes almost 1minute and i already receive my Ethereum on my coins.ph wallet
You can now convert it on Peso/PHP and Cash out to any Cebuana,Bank. Etc.