How to convert your steem to steem dollar...:)

in #steemit8 years ago (edited)

Hello newbies ........I know this is a new community and many of the newbies are wondering how can i convert my steem to steem dollar or how can i send steem to other person ........
so here is the step by step tutorial

  1. First you have to sign up on blocktrade, you will see this screen

    https://blocktrades.us/
    2.Sign up is pretty easy after signing up you should login after that you will see this screen

    here you should fill steem on one side and on recieving side you should put steem dollar
  2. In your recieve address you should write your username of steemit no need to paste your memo than you should click on get deposit address
    after that you will see your depositing address like this

you should copy the username and memo and go to your wallet section and transfer your steem to the blocktrade account almost immediately you will recieve steem dollars .......

hope this helps happy steeming guys.....:)
if you want to know how to increase your upvotes through minnow project so you can check my previous post here
https://steemit.com/steemit/@vinnu/how-to-grow-when-you-are-new-to-steemit-and-how-get-upvotes-in-just-minutes-by-minnowsupport..........
::::))))))

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When I convert steem dollars to steem power through my wallet - I dont think im getting the appropriate amount of steem at the current market value. The current market value of steem dollars is 1 SBD = ~7 steem therefore when I convert 0.5 SBD I should get 3.5 steem.

As you can see in the screen shot below, this isnt the case: Can you explain why:

you are welcome......:)

Thanks a million @vinnu. I've been searching the platform for this kind of post but in vain. Persevered until I came across your post. Upvoted and followed

Thanks for sharing info for newcomers. Once I learned about this particular topic, it opened up many trading opts for me.

Hope this helps!

"I'm not going to upvote you 🐋 Do it yourself! #8 Contest

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jaybird

welcome ...:)

By mistake, i moved them to savings. How to cancel?

Great and helpful share @vinnu,

Much love,

@dowithlove

like it, thanks you

my pleasure...... :)

Well explained!

thanks bhai....:)

Thank you kindly!

welcome......:)

So how do you go from steem dollars to USD?

@jpinka you can convert steem dollar to bitcoin than i am pretty sure you know how to convert bitcoin to usd....

Still learning. 🐣

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You can send Steem.. But you can do it with SBD too.. Right.. But you didn't mention it lol. You can withdraw both steem and Steam dollars right?

nope steem dollar to steem is currently unavailable at blocktrade you can convert it by waiting for three days conversion period or you can convert your steem dollar into some other coin and from that coin you can convert it to steem long waiting that's why i sent steem :) only steem to steemdollar is instant.... :) @jenas

What if I sent my SBD to Polonexi and sell it for bitcoin. Will it take long too?

I never tried it but it should not take too long ......:)

I am still waiting to see when you resteem one of my posts. I messeged in chat. I hope that you have seen. I was not expecting it from you.

ohhh so sorry for that i have not opened my steemit chat today because i love discord and you will find me on discord most of the time and really i haven't seen your message so sorry for that ..... :)

Oh!! I am on discord as well. Cool.

Very informative. Thank you for helping us understand more about steemit and all its nuances :)

hahaha lolwa you are always welcome re........ :)

Upvoted! Thanks a lot for sharing this

Thank you for this information, It is really easy to do it!

your welcome :)

thank you for this post. it really helped!

Job well done, thank you for this post @vinnu, many blessings. Peace out, Adam / O

What if, I forgot to put a memo??

Thanks for the better guidance.