Facts about cashing out your steem

Cover gotten from playstore

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Greetings steemians how are you all today? Thanks for stopping by, you know many may say that here I'm just following passion but the truth is that we are all here for the payouts.

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So along the way I came to realise that most wallets have been giving a very poor exchange rate when it comes to steem to naira, now let's look into it.

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Now let's first of all look at usdt, i search the value of one usdt in naira on Google and tried to compare it with roqqu wallet which is one of the few wallets in Nigeria that accepts steem coin.

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So as you can see in the above screenshot the value of one dollar in naira is 1500 naira meanwhile on roqqu wallet the value of that same one dollar is 1470 naira, which atleast is still good.

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But now the question still remains, why steem? Amongst all the tokens why steem? And i tried doing the same thing on steem coin by searching it's value on Google and on roqqu wallet.

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Now still i went to Google the value of one steem and as seen in the above screenshot you can see that 1 steem on google is 619 naira meanwhile on roqqu wallet still that same 1 steem is 348 naira and with that you can see the level of interest they are gaining from our money.

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The problem is that the only platform that offers the best exchange rate was binance but unfortunately now they do not accept payments in naira again

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And also for coin base which I'm sure would also offer a good deal is not even going if you try to open their site or even download their app, it's not even showing as the only thing they will show is this site can't be reach.

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And quidax on the other hand which is a legit wallet in nigeria does not accept steem or should i say they do not have steem in their crypto listing, infact very few wallets have steem in their crypto list so the few that accepts it like roqqu wallet offers a very poor exchange to naira value.

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So if you are reading my post and you are in Nigeria please i would advice you not to use roqqu wallet to withdraw your steem earnings because for now i don’t know of any other wallets that offers a good deal of exchange rate so please if you know kindly tell us in the comments section.

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But for now just keep hold on your earnings first and let's all pray that binance should once more accept naira again because they were the only ones that i knew that offered the best exchange rate even better than google exchange.

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