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RE: How to get my Steemdollars?

in #money8 years ago (edited)

It's a complicated process right now that requires a few steps:

  1. Transfering STEEM and/or SBD (Steem Dollars) to an Altcoin Exchange like Poloniex or Bittrex.
  2. Use the Altcoin Exchange to convert STEEM/SBD to BTC
  3. Setup an account on a BTC/FIAT exchange (like Coinbase or one within your country) and link it to your bank account.
  4. Transfer BTC from Bittrex/Poloniex to a BTC/FIAT exchange
  5. Use BTC/FIAT exchange to sell the BTC and then transfer the funds into your bank account

Steps 3-5 can be ignored if you just want to hold Bitcoin, which can be used to shop online many places (like overstock, newegg, or digital gift cards from gyft).

It's a lot better than it was a few years ago... but it's all still a bit of a pain.

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 94819.33
ETH 3557.02
USDT 1.00
SBD 3.79