How to Transfer SBD/STEEM From Poloniex to Steemit Account [GUIDE] Share it with your friends

By purchasing and transferring any of these two tokens to your steemit.com wallet you are able to convert them to STEEM POWER thus further increasing your influence on the website and earning more for your actions.

STEEM is currently beeing traded at about 0.00068030 BTC
SBD or Steem Dollars is being traded lower at about 0.00046681 BTC

Do note that while Steem Dollars are cheaper the conversion from SBD to STEEM is not 1:1, but is more like 1:4, so essentially it is not cheaper to upgrade your STEEM POWER by purchasing them. Furthermore when you decide to transfer Steem Dollars to STEEM you will have to wait 1 week for the process to take place while STEEM can be immediately turned to STEEM POWER.

Once you purchase some STEEM or SBD from Poloniex yo uneed to go to DEPOSITS & WITHDRAWALS and click on the Withdraw link on the right side of your STEEM Balance.

You will see a window with 3 different fields - Address, Memo and Amount. these you need to fill in with the required information in order to successfully transfer the STEEM coins to your steemit.com account and wallet.

• In the field Address you need to write your steemit.com username
• In the field Memo you need to paste the steemit.com public Memo key, you can find it under your Profile page, Permissions. The MEMO public key should start with STM...
• In the field Amount you need to type the amount of coins you want to send to your wallet
• As a final step just press the Withdraw button and shortly the STEEM should be available in your steemit.com account, you can then use the Power Up function in the wallet to transfer STEEM to STEEM POWER should you wish to do so...