How To Cash Out Steem - for Canadians.
This is a quick and simple post (sans screenshots) of how to cash out your steem if you're in Canada.
- Sign up for an account over on Quadriga CX
- Get your BTC or ETH address from Quadriga CX. To do this;
Click on either the XBT or ETH drop down menu, then click "Fund Account".
Copy your ETH or BTC address. - Go to Block Trades and select "Steem" or "SBDs" as your sending currency, and ETH or BTC as your recieving currency & paste your Quadriga ETH/BTC address into the correct box.
- Send the STEEM/SBDs to Block Trades, and they will deposit your ETH/BTC to your Quadriga CX account.
- Sell you ETH/BTC on Quadriga CX using either the quick sell feature on the "Dashboard" page, or by using the "Trade" page and setting your desired price.
- Click on either the CAD or USD drop down menu, and select "withdraw". I usually withdraw to PayPal. But many other methods are available.
Disclaimer: I haven't yet sold any of my steem or SBDs, but this method will work. (I've sold plenty of ETH via Quadriga CX without any problems).
You could also swap BlockTrades.us for BitShares DEX as described in this post by @adil.
I hope this post has been useful to any of my fellow Canucks wondering how the hell to cash out.
Thanks for viewing!
Thanks for the Mention @futuristgear Upvoted, Following :)
No problem! Thank you @adil :-)
You shall not cash out Steem though, it does't wort it yet. For the prediction of Steem future have a look at my analysis: https://steemit.com/steemit/@godfish/full-steem-ahead
I haven't cashed any out (as mentioned in my disclaimer), but this is how Canadians can do it if they wanted to.
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by TranshumanTees from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.