How convert Steem Dollars to bitcoin ?

in #steem8 years ago

cashout.jpg

You can convert your Steem Dollar to Bitcoin in 3 simple steps!

Hi, I'm signed today and i've found difficult to understand the payout process,

butthe solution is really quite easy, so I'd post about it here:

How to cash out Steem Dollars into Bitcoin in 3 simple steps!

Step 1:

Choose an exchange to use to convert your Steem Dollars to Bitcoin.

Blocktrades: https://blocktrades.us
Bittrex: http://bittrex.com
Poloniex: https://poloniex.com

Follow the simple instructions on the exchange sites... you will be asked for a Bitcoin address to send the converted Steem Dollars to and then given an address to send your Steem Dollars to.

Step 2:

Go to your wallet here on steem and click on the drop down menu by your steem dollar total and select transfer.

Step 3:

The exchange you went to in step 1 will instruct you what name to use in the transfer "to" box and also an code to type in the memo section. Type in the amount of Steem Dollars you would like to transfer and then click transfer. You should see the transaction show up in your bitcoin wallet shortly. Very simple really.

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Or just wait a couple of years and then sell your steem for x100 the value. Not a financial advice.

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Good, short, guide. Thanks for making it. I recently proved to myself, family, and friends that Steemit does pay. Now to focus on powering up and helping build the community as much as I can.

Nice post thank you so much