Well an alternative is for us just to leave our currency on our steem account in steem or steem dollars and use blocktrades.us or something like that to send to our bitpay when we need it.
Well an alternative is for us just to leave our currency on our steem account in steem or steem dollars and use blocktrades.us or something like that to send to our bitpay when we need it.
I never heard of blocktrades.us... will check it out
I tested it last night. I'd save it for when you need to do a good sized transfer. I had around $6.00 worth of SBD to experiment with. I ended up getting a little over $2 to my bitpay using it. Why? Most of these places have a fee for their service and they usually say it is something like 0.001 BTC which when bitcoin was worth less than it is today that wasn't too bad. As bitcoin keeps gaining in value that fee starts to be pretty high.
At the time I am writing this BTC is $3878. So 0.001 BTC is approximately $3.88 to transfer.
So if you wait until you want to move a big chunk that $3.88 might not be too bad, but considering my test was for a $6.00 amount most of my transfer actually went to their fees.
blocktrades.us I believe was actually the first way to move steem around.
Thanks! If I have to transfer $75 with Bittrex every couple days- the fees will kill me (and make them rich!)
The bittrex fee is 0.001 BTC to withdraw.
I know... I use Bittrex a lot. I'm having a hard time with my article on Conformity. I keep changing the approach. At first I wanted it to be humorous, but now I've added the conspiracy of Cultural Marxists to use "coolness" as an attempt to undermine values. (sorry about the upvotes. I blew my voting power flagging that guys posts yesterday... when I get caught up, I'll go back)
No worries my friend. Never feel obligated with regards to me. I appreciate whatever you can do, but never expect it.
It's more of a sense of loyalty than obligation... There are 5 or 6 people that I always support.
You can use blocktrades.us to send directly from steemit to bitpay without needing to go through bittrex.
So it doesn't have to be converted to BTC then?
Blocktrades.us converts from STEEM or STEEM DOLLARS to BITCOIN on the fly...