Getting Started on Steemit- Week 4 -How to swap your SBD for steem on steemworld

Hello guys 😁😁 and welcome to my blog today, in today's edition of getting started with steem week 4, I will explain a very important feature of the steemit blockchain, I have received a lot of questions concerning how to sell SBD for steem. In this post, I will offer practical guides accompanied by interactive screenshots of how to go about it. So enjoy and grow with stem...

There are quite a number of tools that can be used to swap SBD to steem, but for the sake of this post, we will talk about the widely used and better interactive tool.

Steemworld is a decentralized blockchain tool designed to fit the needs of users on steemit, Steemworld is designed and managed by @steemchiller one of the top steem witnesses. Steemworld is the favorite of many users on steem because of its easy and interactive UI, I for one find this tool super easy to use with lots of functionalities. You can manage your account using steemworld, delegate, and also swap between steem and steem based dollars via the internal market.

Ok, guys, let's get to the fun part, which is learning how to swap my SBD to steem.

SBD to STeem Swap Process

• The first thing you need to do is to log in to the official website of steemworld. The official website looks like the image attached above, It is super simple to navigate so don't get scared about the bunch of icons all over the place.

• So the next step is to log in, which you can do using your posting key, yeah your posting key and not any other key.

• You can log by clicking on the tab on the top right marked out with a red marker, click on login which will take us to the next page.

• Input your steemit username on the box indicated with a red marker, and your steemit posting key on the one with a blue marker.

• Click on Ok to sign and follow the next step to continue.

• Click on Dashboard as indicated with a red marker to access your Account dashboard,

• In order to navigate to your steemit internal market on steemworld, you click on Orders as indicated by the red marker.

• This is where the real transaction happens, here you see the lowest asking price, the total number of SBD for sell and the simulated amount you will receive at the rate. Let's go through so terms and what it means.

• Lowest Ask This is referring to the lowest asking price, it also represents the current market price at that point, you can still set your limits to buy at a particular price but that would mean your order won't be executed immediately and may linger for days or even weeks.

• Buy price This refers to the price you wish to buy, since this is a transaction you wish to perform immediately with little consideration to the price, you just need to click on lowest ask by the right and your order will be filled at the best available price, which is usually the market order.

• Sell Amount This refers to the amount of and you wish to sell, you may want to sell just a few sbd or all available sbd, so if you wish to sell all available sbd, you just have to click on available SBD to input the whole amount.

• Buy Amount After setting your lowest ask price, your sell amount then the next tab is the buy amount which will automatically appear when you click on the empty tab. This tab will show the amount of steem you can buy with your available SBD. For instance in this case I can buy 244.510steem with 16.647 SBD at the rate of 0.073200/steem.

• So all you have to do is click on Buy steem and you slide over to the next page.

• Just like we did in the beginning you must authorize this transaction using your active key, not your posting key. Your keys are totally safe and are not saved by steemworld.

• Click on OK and you are a go.

• Orders are executed swiftly, however, in any case of delays due to fast price changes below you buy price, you can monitor your orders using the open orders tab. There you can see your orders and how far they have filled.

Closing Thoughts
This is a better and faster way to build your steempower, because this way you are able to accumulate more steem. All you have to do is swap, and power up, that is what I do too.

So guys, follow the steps, sell that SBD, and power up.

Grow with Steem