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RE: With Bitcoin, Remittance isn't an Expense, but a means of Profit.

in #bitcoin6 years ago

@hatuGreetings and thank you for this informative post!
Maybe you have heard or seen some of our work @papilloncharity?
I am trying to figure out how to send some money from our steemit site to our charity in South Africa. Not being very computer literate, it is a struggle!
Do you perhaps have any advice?
Blessings!

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There is no direct STEEM/Rand trading pair.

  • First, you'll have to sell the STEEM for BTC; Binance has good liquidity for STEEM so you'll get the market rate and a fee of 0.075% - 0.1%.
  • Then, you'll have to withdraw that BTC and sell it on a p2p finance platform like Paxful. You'll choose to sell the BTC for your preferred currency.

If you need additional details, you're welcome to ask. :)