Blocktrades Tutorial Part 2: How to exchange SBD to BTC and sell them for Euro or USD? (English/German)

in howto •  3 years ago 

In this article I want to give you a more detailed tutorial how to exchange your SBD into BTC with the blocktrades-exchange-service and how to sell them for Euro/USD. This is only one opportunity to do it, there are many more ways to sell your BTC´s. If you like tutorials like this, of course I will give you more examples in future articles.

Today I want to show you a combination of the platform and the exchange, where you can sell BTC´s for Euro or USD. From here you can make a payout to your credit card/bank account, after you exchanged it to Euro/USD.

[German] In diesem Artikel möchte ich euch eine detailliertere Anleitung geben, wie ihr mit dem Blocktrades-Tausch-Service eure SBD in BTC umtauschen könnt und wie man sie für Euro/USD verkaufen kann. Das ist nur eine Möglichkeit dies zu tun, es gibt noch viele weitere Wege um eure BTC´s zu verkaufen.

Heute möchte ich euch eine Kombination der Plattform und dem Exchange zeigen, wo man seine BTC´s für Euro oder Dollar verkaufen kann. Falls ihr diese Anleitungen mögt, werde ich euch natürlich gerne noch mehr Beispiele in zukünftigen Artikeln zeigen.

1. Go to the website and choose SBD/BTC as exchanging pair:

[German] 1. Gehe auf die Seite und wähle SBD/BTC als Tausch-Paar:

 photo c4cd7302-46cc-424b-88dc-017a43c13e80_zpsphxw4mqv.jpg

2. Go to the exchange and click on "Deposit" to get your receive address and copy it:

[German] 2. Gehe auf die Handelsplattform und klicke auf "Deposit" um deine Empfänger-Adresse zu erhalten und kopiere sie:

 photo exchange-SBD_cexio_1_zpsvfxkyefg.jpg

 photo d36db793-3d50-4cb8-b8f6-cac22f01304e_zpsxhwz1man.jpg

3. Paste the receive address in the field at and click "Get a new Deposit Address" to get your unique memo code:

[German] 3. Füge die Empfänger-Adresse in das Feld auf ein und klicke auf "Get a new Deposit Address", um deinen einzigartigen Notiz-Code zu erhalkten:

 photo 20b6c92f-d62d-4e72-8e8b-a3d50d25f18d_zpsesyo4neb.jpg

3. Then open your Steemit wallet and send the SBD to the Steemit-Member @blocktrades:

[German] 3. Gehe dann in dein Steemit-Wallet und sende die SBD an das Steemit-Mitglied @blocktrades:

 photo 763847ed-737e-425c-9359-72ad601a7ea8_zpsheevmnzj.png

 photo blocktrades-exchange-SBD_2_zpsd8ckhtlk.jpg

Don´t forget the memo code, it is important that the transaction can be assigned to you!

[German] Nicht den Notiz-Code vergessen, denn er ist wichtig, damit die Transaktion dir zugeordnet werden kann!

 photo blocktrades-exchange-SBD_4_zpsfcdb639r.jpg

4. After only a few seconds/minutes you can see that received your transaction:

[German] 4. Nach nur wenigen Sekunden/Minuten kannst du sehen, dass deine Transaktion erhalten hat:

 photo 3a2297b6-a83a-4dce-85ce-eca3be49a9f0_zpsf97rnckv.jpg

5. The transaction will arrive at your wallet some minutes later and you can see it under "Recent BTC transactions":

[German] 5. Die Transaktion wird ein paar Minuten später auf deinem wallet ankommen und du kannst sie unter "Recent BTC transactions" sehen:

 photo 42293c0b-6256-46ef-b865-78eef20e3750_zps5nsti9ub.jpg

6. When the transaction is received successfully and the status is not "pending" anymore, you can sell the Bitcoins at for Euro/Dollars as at any other exchange. Then you can click on "Withdraw" and you can withdraw the money to your credit card or bank account:

[German] 6. Sobald die Transaktion erfolgreich erhalten wurde und der Status nicht mehr auf "pending/wartend" ist, kannst du die Bitcoins auf für Euro/Dollar verkaufen, so wie bei jeder anderen Handelsbörse. Dann kannst du auf "Withdraw" klicken und du kannst das Geld auf deine Kreditkarte, oder dein Bankkonto auszahlen:

 photo exchange-SBD_cexio_3_zpsum6skoxn.jpg

If you have any questions, feel free to ask them in the comments!

[German] Falls du irgendwelche Fragen hast, stelle sie gerne in den Kommentaren!

Best regards and hear you in my next article!

[German] Beste Grüße und wir hören uns in meinem nächsten Artikel!

 photo d32e73fa-7713-4616-b906-593676ccbef3_zpsmdiwbgyr.jpg

Jonas Ahrens

 photo b87bb98157_zpsw1cujzvw.gif

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Thanks. This is a great article. Do continue to create posts like this!!

Thank you for the great article, very useful!



Nice, thanks @stanleyfordyale!

Thx 4 the Info


Your are welcome @tanemahuta!

As usual, detailed and clear. Thank you.


Thank you @tanchiknik!

Very helpful information. Thank you for sharing.


Thank you for the great feedback @michaelstobiersk!

Nice tutorial - but it's worth noting that recently the blocktrades SBD to BTC conversion rate has been horrendously bad. Your screenshot shows a rate of at least 780 SBD to 1 BTC; you'll get far better rates by selling your SBD directly on bittrex.

  ·  3 years ago (edited)

Yes it´s up to you where you exchange your SBD, it is just an example.
Thanks for your feeedback @biophil!

Thanks for sharing. Great piece. Happy to upvote and share this on Twitter✔ for my followers to see how easy it is. Now following. Cheers. Stephen

  ·  3 years ago (edited)

Thank you very much @stephenkendal! I already followed you at Twitter and I liked + retweeted your post. 👍 My Main-Twitter-Account is:


Cheers. Now following on twitter. Stephen


Added you on twitter now too :)


Thanks, added you too @ausbitbank

Very good one, Jonas! - I like it a lot! :)


Thank you for the compliment @ana-maria!

Thanks very much...its been quite educative


Thanks @papee111!

Yes, good write up, thanks for sharing this.

Very cool and when you are a noob like me this it is very nice with pictures and instructions :) so thanks again :)

Thank you very much for the info, i appreciate

Thanks really helpful

Thanks, I'll save this post so hopefully I'll know what to do if I get any!

@future24 Is there an updated version of this post? Especially, since there a many sites and exchanges that trade SDB to BTC and other forms of crypto.

super helpful when I didn't know what to do after polo wallet stopped working for me, thank you!

This is a really helpful article!


Thank you for the feedback @nuclearsalad!


Hello vote for vote