Airhawk-Project: The largest SBD/Steem Exchanger Backed by Telegram

As one of the early adopters and users of steemit in Nigeria, I happen to be so much in love with everything about it, the social media aspect of it and how it was backed by bitcoin’s blockchain technology and also how the community therein are working hand in hand to realize the major goal of the steemit, which is earning via blogging.

I was introduced to this great platform by @jerrybanfield, and I quickly make my ways to become a promoter of steemit among many facebook and whatsapp groups. The one question that always pops out is, how can I convert my cash to Naira? I always lost myself to the explanations; send the coins from the Steemit platform using @blocktradeus to bittrex.com or poloniex.com and from there you can sell your coins to any exchanger or merchant and what follows my explanation is a long face of I don’t believe a word of yours.

As a blockchain savvy, the process mentioned above can be executed within ten minutes with less than few mouse clicks and waiting for confirmations. But as most of the people I introduce to steemit are total noobs, they always get lost in my little explanations.

I have researched a lot of ways to get through these steps or how money can be converted directly to local bank account but my little research has yielded no positive result, but I stick to the method for my personal steem and SBD transactions

The Airhawk-project @airhawk-project

The Airhawk-project is a telegram-based project that came to the rescue of the ordinary Nigerian on steemit.com. Airhawk-project has realised that it can be strenuous to change SBD or Steem to Naira, and so it created an escrow service for buyers and sellers who want to exchange their SBD and Steem to local cash for instant funding.
According to an intro from their telegram group which reads:

“Airhawk escrow is a financial arrangement where a third party made up of trusted individuals hold and regulate payments of the funds required for the two parties involved in a given transactions.”

How does Airhawk-project Works?

As stated earlier, the telegram-based project works off telegram. The escrow reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses SBD and Steem when both the buyer and the seller are satisfied. These are the detailed steps to be followed and it MUST be done in the telegram group unless otherwise its a new user needed some guidance and in that case an admin of the group may consult him via PM, the steps:

1. Seller sends SBD/Steem from his steem account to airhawk-project steemit account.
2. Escrow confirms and notifies buyer to make payment.
3. Buyer makes payment to seller.
4. Upon seller confirmation, SBD/Steem is released to Buyer.
   All transactions are open on the steemit blockchain and no escrow fee or charges is recorded as SBD/Steem transactions are free on the platform.

Airhawk-project steemit wallet screenshot

My Experience with Airhawk-project

Yesterday, I have some few Steem that I wanted to sell and I thought of using the traditional blocktrade.us but the conversion fee was a no-no for a small conversion like me…I quickly recalled the airhawk-project telegram group (I forgot to tell you that I joined the group more than 2 months back), as a novice who hasn’t done any transaction with them, I quickly glanced through the channel and scrolled up to see how everything works and I was able to grasp the price per SBD and Steem as N500 and N4,000 respectively.

I then placed my sell request of 23 Steem (N11,500) and 1 SBD (N4,000) totalling N15,500 (equivalent to $44). I got a lot of bidders but finally @honourmaus closed the deal at the exact price I placed. I rushed back to my steemit account to send the equivalent amount of Steem and SBD to the airhawk-project account as stipulated in the procedure. After the transfer was done, I explored my telegram again and @honourmaus message confirming reception popped and requested for my account details which I raced to my note to copy it. I copied and pasted it and within 3 minutes I received an alert of exact money into my local account.

I paced online to airhawk-project telegram again to confirm reception and appreciation, my appreciation reads:

“Thanks for this swift and transparent project, I look forward to more transactions with airhawk-project in the nearest future.”

My final verdict regarding airhawk-project

Nigeria as a major player of cryptocurrency needs international partners that will work with teeming youths like the @airhawk-project to unleash the ever growing market of crypto-currency in the country. I highly recommend airhawk-project for anyone willing to sell his SBD/Steem to local cash (Naira). :boom:

Air-hawk-project telegram: http://t.me/@airhawk-project
Steemit link: http://steemit.com/@airhawk-project