How to convert STEEM/SBD to the US dollar/RMB you need?
Hi Steemian, how are you? hopefully you are fine and always healthy.
Today, I will introduce you to a convenient one, you can personally convert STEEM/SBD into the US dollar or RMB you need, as shown below.
Before proceeding with the operation, you need to have accounts of Bittrex network (hereinafter referred to as B network) and LocalBitcoins (hereinafter referred to as L network). If not, register as soon as possible, we will use it later.
Note that the Bittrex website can be accessed, but if you want to register or log in, you need to go online first, you should know this.
- Check your STEEM/SBD address on the B network.
B network supports many virtual coins, including bitcoin, STEEM, SBD, etc., each with a separate and different MEMO.
- Transfer your SBD or STEEM to your address on bittrex
Be sure to fill in your correct MEMO
Tip: My habit is to fill in the MEMO first, then fill in the To column, and then fill in the Amount, so as to prevent you from turning directly out of the To and Amount shakes and regretting.
Confirm SBD/STEEM arrival
After the transfer, it usually takes about ten minutes to see the account.
- Sell the SBD/STEEM pending order as BTC
Units are the total number of shares sold;
Ask is the quotation for you to place the order. The ASK quotation can have two quick choices: the last successful quotation and the current highest quotation. Of course, you can also enter the price you want to sell according to your own situation.
Total is the price of the last transaction;
View the trade order of the pending order
- View and copy your BTC address
Log in to the L network and copy your bitcoin receiving address in the Receive Bitcoin column.
Note that this L network will generate a new different bitcoin address each time a transaction is completed, so this address is not fixed, although it is inconvenient, but from another perspective, it is also safe, ensuring that you are online. The transaction is hard to track.
- Transfer your bitcoin
For the specific operation, click “-” on the right side of the BTC to display the above interface.
Also away, if you want to transfer, click the "+" to the right of the corresponding virtual currency to appear the corresponding address interface.
Soon, you will receive a transaction confirmation email sent by B, as shown below.
Click the link address in the above image to confirm this operation.
At this time, return to the B network, you will find that the trading operation status has been displayed as: Authorized Description B network has received your confirmation operation, and further wait for the completion of the final transfer transaction.
This process may be based on the situation, usually an hour or so, you can view the specific arrival situation on the L network, similar to the following picture
6, sell bitcoin on the L network
Before selling Bitcoin, search for the trading buyer that suits you, as shown below.
You can also click on the quick deal above to search for the buyer in the nearby area (country) you want.
Click to sell, the following picture appears
In the input box, enter the CNY or BTC you want to sell, and the system will automatically calculate the corresponding BTC or price based on the buyer's bid you choose.
After confirming, click the Send Transaction Request button.
7, complete the final confirmation
The transaction confirmation process is completed according to the buyer's agreed time, such as half a clock or one hour. If the two parties do not complete the confirmation, the transaction is automatically cancelled.
The above trading operations are also applicable to US dollar transactions.
Due to a website issue, it is temporarily impossible to upload an image. Sorry!
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