Hi @timcliff loved your article but I had a few follow up questions...Is their a cost to this as in a user fee? Also, I am familiar with moving money into Steemit.com but haven't had reason yet to move it out. Not sure really how to convert it back to a Canadian dollar to pay for something like a phone bill etc
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When you use the BlockTrades interface to move coins in or out of the platform either to/from other coins (like bitcoin) there is a fee built in to the rate that they give you. Also, when you sell BTC via a site like Coinbase, there is a fee charged for that.
Thank You @timcliff . Now I just have to figure out how to get it to a Canadian bank account right now I am using a credit card to purchase ether on Coinbase and then I buy steem on steemit.
Best Canadian exchange I could find is https://www.quadrigacx.com . They are located in Vancouver, BC, Canada.
#223 -2055 Commercial Drive, Vancouver BC
V5N 0C7
Thank you so much @happyme I will check them out. I have also been looking into some of the new debit/credit card options coming out over the next few months.
When it becomes as easy to use Steem as it is to use Mastercard or Visa, I think there will be a major change in how we do our banking. Exciting times ahead!
I agree completely.