CoinBelieveThe CoinBelieve Cash-Out Portal (/withdraw.php) facilitates the redemption of earned CBX rewards into mainstream cryptocurrencies through cryptographic proof-of-burn verification.
1. Redemption Peg & Supported Networks
Internal CBX attention units are redeemed under an institutional fixed benchmark:
- Pegged Valuation: 1 CBX = $1.00 USD. Guaranteed redemption benchmark for compliant balances.
- Disbursal Assets: USDT / ETH / BNB / SOL. Settled on TRC-20, ERC-20, BEP-20, or Solana networks.
2. The Proof-of-Burn Protocol
To eliminate inflation and ensure that withdrawn tokens can never re-enter circulation, users must execute an on-chain burn transaction before payout release:
- Burn Transfer: The applicant transfers their exact requested CBX amount from their authenticated CoinBelieve internal wallet to the platform's official burn address:
coinbelievex1556615a93ee9daabf76f75292e7506ae8
- Cryptographic Proof Submission: The applicant submits the official internal transaction hash (
burn_tx_hash) into the portal along with an uploaded verification screenshot. - Minimum Threshold: The minimum eligible cash-out threshold is strictly 5.00000000 CBX. Requests under 5 CBX cannot be initiated.
3. Audit Window & Security Verification (48h – 7D)
All redemption requests undergo comprehensive manual anti-fraud analysis before external wallet transfer is executed. The standard compliance window is 48 Hours to 7 Business Days (48h – 7D).
4. Anti-Fraud & False Proof Penalties
Submitting falsified transaction hashes, reused burn proofs, forged screenshot evidence, or bot-manipulated attention balances constitutes intentional fraud against the platform.
Any account detected attempting fraudulent redemptions faces immediate, irrevocable termination, total forfeiture of accrued balances, and potential referral to relevant financial cybercrime authorities.