Whats the best method for cashing out some SBD in Australia. 100% upvote for best answer
Hello @teamaustalia I was wondering what the most efficient way is to turn SBD into Aussie Dollars.
This will be me my first time ever withdrawing a little SBD and I am unfamiliar with the best way to go from SBD to money in my Commonwealth Bank account. I want to get the best deal that I can obviously by avoiding high conversion fees. Sucks that I need to cash out a little with the recent unrelenting price drops. Hopefully the price comes back up a bit before rent is due (Friday)
First send your SBD to bittrex.
Then SBD->LTC
Then LTC->AUD in market.
And then send AUD from market to your bank account as AUD. The easiest way.
The best I've seen is a 2-step process using livingroomofsatoshi.com and blocktrades.us
Once completed, the livingroom tab will show successful transfer (it may take a few minutes of nervous waiting), and the money should get into you account within a day or two.
SBD from Steemit to Bittrex
SBD to ETH at Bittrex
ETH from Bittrex to BTC Markets
Withdraw ETH to AUD at BTC Markets
I don't have a good answer, but I'm glad you asked, so I don't have to!