Steemy EP. 49: How to Exchange Steem Backed Dollars (SBD) on Bittrex into BitCoin

in #bittrex7 years ago (edited)

View this post on Hive: Steemy EP. 49: How to Exchange Steem Backed Dollars (SBD) on Bittrex into BitCoin


I have moved all my content away from the now centralized and controlled Steem blockchain to the decentralized Hive blockchain.

Sort:  

Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw

You are right, I think. But the video is about how to exchange SBD into BitCoin which is the only exchange currency Bittrex offers for all cryptos. Then you can further trade your BitCoin into something else, of course. This is a great chance for all of us to stock up our crypto porfolios! :)

I love bittrex

I do now too. :D

Good timing.

With SBD touching it's best I'm sure many would put your article to use. Not sure how long it will sustain the high volumes but if you are willing to take money out then it probably is the time. L

Exactly, this is very helpful right now but nobody knows how long it lasts. So go, go, go and sell your SBD. But don't come back complaining of the price goes up. ;)

Haha true that but what would u suggest among withdrawing completely or withdrawing in a more secure/ stable currency?

ETH for that matter is quite low and is here to stay. What's your take?

I honestly can't tell. It feels like everything is going crazy right now and my safest bet is Steem because it has started to raise substentially and will continue to do so in the next months. Step by step good things are surfacing relatively quick now. If Steem goes to 3 we all double what we have now. That is easier and more secure than with most other coins AND you can game better on Steemit and co.

The future is definitely safe here. It might do down after major fishes try making profit but on long term I can definitely say that Steem is here to stay and make it's mark

i send poloniex to bittrex but can't complete withdraw new pending 1 hours

Here I found this where it is mentioned that sending to or from Poloniex is extremely delayed: https://steemit.com/sbd/@nanzo-scoop/cryptocurrency-prices-it-s-a-madness-the-bitter-sweet-steem-dollar-rise

already dekay 6 haurs .
new pending any solution??

No, this could take weeks until they fix their Steem wallet at Poloniex. :(

Please check you email. Bittrex is always requesting a million things via mail. Maybe thats it.

Nice! Thanks for sharing flauwy!

You are welcome and it was fun to record!

Qurator
Your Quality Content Curator
This post has been upvoted and given the stamp of authenticity by @qurator. To join the quality content creators and receive daily upvotes click here for more info.

Qurator's exclusive support bot is now live. For more info click HERE or send some SBD and your link to @qustodian to get even more support.

@flauwy, you just received an upvote powered by smartsteem. Our goal is to support quality posts and authors on steem.

Everyone is invited to be a part of and to join the smartsteem community: https://smartsteem.com

Excellent. Very informative.

This post has received a 3.93 % upvote from @booster thanks to: @flauwy.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 57684.49
ETH 2343.76
USDT 1.00
SBD 2.36