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RE: Calling out to steemians who are good teachers!

in #steemithelp8 years ago (edited)

Can I answer a question about having from steem to cash?
It's fairly simple, it takes more time than explaining itself, but it's good to have patience for it.
You have an easy path and then an harder decision.
Easy path, create an account on Bittrex.com and deposit your steem/dollars there accordinly to your deposit info you have on bittrex, for example, the base sender is bittrex but the memo code is specific for your account, which is different between steem and steemdollars. Just click on deposit on bittrex and it will tell you what's the "secret" code.

After that, from your wallet, you click SBD or STEEM, that depends on what you deposited, and convert them in BTC selling for ALL and then as amount for selling you put bid, and then sell, and the easy step is done.

Then, what you do is fairly harder, you need to find someone who will "dare" to change your BTC in money.
Depending on what you choose, you will first have to register to one of those 2 and withdraw your bitcoins to the address those sites will provide.
Good, you have a couple good options I know.

One is virwox, the other is localbitcoin
The first one steals a lot on fees since you have to convert your money in SLL(SecondLife Dollars- a currency of a virtual 3d game) and then to usd/eur. If you want your money to PayPal or Skrill or anything else and you want them fast, you can do that way.

The other way is localbitcoin, where you register, you send your ID to prove it's you, then you deposit those money on there when you have been authorized as being officially a localbitcoin member.
Now, what you have to do is create or search for a good deal for your BTC. You go for: I want to sell, then you search for a currency or a provider such paypal or anything you like. After choosing or finding a deal, you check the bounds of the sell, let's say the guy who's buying btc has a limit of 200 dollars and you have 100 dollars, it's perfect. You put the amount in the page where it says "I want to sell x BTC" ad it gives you the corrispective value, then you go for it, and wait for the buyer. You will land on a chat page where you and the buyer will trade. Example, you picked as a service paypal, you tell him the address to where deposit the money, and when you received them, you unleash your btc to him, easy :)

Well done, you have traded your steem for cash!
I should make an article about it.