Where Do I Sell Steem?

in #steem8 years ago

Steem is booming! I woke up to find it at $7.56.

Some people have asked me, "how do you cash in?" I think I found the answer.
Well, it appears that they are delegating Steem to Block Trades which has a Steem account.

https://steemit.com/@blocktrades
Then you go to the actual site Block Trades and there is a conversion for Bitcoin to Steem.
https://blocktrades.us/
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None of this applies to me because I'm in Steem Power accumulation mode, but it is nice for people to know what options they have with this zooming crypto.

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Do realize that blocktrades has one of the highest fee's of crypto exchanges. You might want to look at other exchanges first.

OK, no i did not know that, i'm certainly not looking to sell steem myself though

great information
@bernardhapin this bitcoin currency's is higher to higher i few days.

thanks, what did you mean, do you mean that the bitcoin is valued higher on that site?

You can also reuse the memo code they give you for future transfers from the same account to the same address. Very useful for automated transfers.

i thought of you this morning with your contracts. Were you loaning steem to people with the belief that it would come back to you at a higher price? If so, well done! You're rolling now lol

I set the loans at what I expected would probably be break even (interest free) to help a couple of people get to steemfest. I thought steem might go up, but didn't expect a rise this much so soon.

this rise has been nuts. it's hard to get your head around it, i wish i exchanged my Sdollars earlier for steem when i could have got a lot more of them!

Hindsight is an infallible investor.

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