How to convert SBD to bitcoin

in #nigeria7 years ago

Hy steemians so i just got the hang of how to convert your steem dollar to bitcoin using the three simple steps below.
** so the first thing you want to do is open one of this accounts
http.bittrex.com
www.poloniex.com.
Once you have opened the accounts, you would be asked to do either the basic or advanced verification which would require an I.d, drivers license or international passport.
Screenshot_20171206-191413.png
Step 2
** for this i made use of bittrex so am going to show you the steps i took.
Once your bittrex account is setup you want to go to the market page and search for steem or sbd and click on the + button, you would be directed to a page to copy the address and memo your steem or sbd would be transferred to.
IMG_20171206_194118_319.jpg
IMG_20171206_194002_124.jpg
Step 3
Transfer Steem/ steem dollar to your bittrex or poloniex account.
Click on your steem wallet, then click on the drop arrow by your right and select transfer.
In the 'To' box but the name of your selected account either bittrex or poloniex, then but in the amount of steem or sbd you would love to transfer and confirm the transfer. Your sbd or steem would reflex in your bittrex account in 2 mins.
IMG_20171206_194458_968.jpg

step 4
Converting your sbd to bitcoin
Once the transferred value reflex's in your bittrex wallet, click on your available sbd, once you do that, you will be transfer to the exchange market.
You are advice to use the last price available for bitcoin to the the exchange.
Input the amount of sbd you want to use in the exchange, select last price for your bitcoin, you will be given a total value of bitcoin you will get once the exchange is done, if you are satisfied with it click sell steem and your sbd will be converted to btc and that woulf reflect in your btc wallet in 2 to 3 mins.
IMG_20171206_195135_166.jpg.
I hope this tutorial was helpful, for those who might not get this, i would reconmend this Youtube tutorial as a guide line.

Thanks

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Nice one brah!

Thanks jade

Great post @kemjnr
Keep steeming

Thanks boss

Please questions and contributions are allowed o

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