My first Steem Dollar cashout to BTC then to € with Bitstamp (Europe) [helpful for newbies]

BTC is now just over $2400 and SBD went 25% up in last seven days. I guess it's a good time to convert some SBD to BTC. I'm going to invest in SBD as well; but I couldn't resist the current favorable prices. As BTC went down, I will stock this BTC until goes back up to around $3000. This is how cashed out:

I deposit BTC to my Bitstamp account; first get a BTC deposit address.

I've SBD 146 in my Steemit wallet. I choose transfer some SBD from the dropdown menu.

Now head to BlockTrades, choose Steem Dollar as Send (input) currency and BTC as Receive (output). I wanted to transfer SBD 125. Now copy-paste the BTC deposit address and click on Get a new Deposit Address button. I'm asked to transfer SBD to @blocktrades with a memo.

Fill in the required fields in BlockTrades transfer pop-up and click on Submit button.

It takes around an hour for the BTC to be in my Bitstamp account. I can check transaction status at blockchain.info with my BTC deposit address. Once the BTC is in my account, I can convert (sell) it to USD and then transfer to a European bank account.

I indeed reserved the cashout (exchange BTC for USD then to €) to euro step for a later time when BTC reaches $3000 haha.