Let's check the fees! Converting Steem to Bitcoin. ASAP
Image: Pixabay
Testing: Changelly, Blocktrades, ShapeShift
So I wanted to exchange 10 Steem to Bitcoin as fast as possible.
#1
Winner is Changelly with a 10 Steem <> 0.01573716 BTC rate
#2
Second is ShapeShift with a 10 Steem <> 0.0156488 BTC rate
#3
Loser is BlockTrades with 9% less than the winner 10 Steem <> 0.01559856 BTC rate
Conclusion
It makes sense to quick check those three before you actually exchange, to get the best rate possible. It's still much faster than going the exchange route, but literally 9% cooler :)
Thanks for your research, @fav!
Here is post, how does Changelly suggest the best exchange rates on the market:
https://steemit.com/ethereum/@changelly/how-changelly-suggests-the-best-exchange-rates-for-btc-to-eth-example
any chance you'd add bitshares / or even bitusd?
will do! Have added bitshares to our product plan. Will notify you soon.
Awesome!
Very informative, thanks
I am curious how this will look like with transferring 100 STEEM.
Thanks so much for the info. I will follow your advise.
@steempowerwhale
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