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RE: Understand Steem (the crypto-currency) and don’t get burned
Convert to Steem Dollars
Is there actually a way to do that?
I thought, by the lack of a mechanism to do it (that I can find), they could only be earned here on Steemit with post.
You will be able to trade Steem for Steem Dollars using the internal exchange, but only after July 4.
thanks
Ahh ty
Thank you for that info! <3
That's blocktrades, isn't it?
No the internal exchange is what you get when you open the menu on the upper right (three lines) and then choose "Currency Market". It is build directly into the blockchain and isn't run by any company.
Blocktrades also can exchange between STEEM and SBD (and many other coins) but it is a company, not built into the blockchain.
Interesting. I'm pretty excited about the possibility of the Bittrex support of using USD to get altcoins. could get some more steem that way. Would love to be able to delegate, but my problem is not having enough of it to do so; I'm up here for the community, not really for the money, but the issue ... Money is needed to supported the community, so it's a catch-22 either way.