How to Convert Steemdollars to Steempower Using Blocktrades

tojukaka (68)in #steemiteducation • 7 years ago (edited)

I did my first power up 20 days ago because I decided to take Steemit more seriously and it turned out to be a very good decision.
That same day I made a tutorial on how to power up, you can view it here.

Today I am going to show you

How to Power Up Using Steem dollars from your earnings.

STEP ONE
Go to your wallet.
Click on the icon at Steem dollars.
Click on sell.

STEP TWO
You would be redirected to blocktrades.
This is a site where you can trade one cryptocurrency for another.

Fill the form appropriately.
Enter the amount of Steem dollars you want to exchange for Steem power and it will automatically show you how much steem power you can get at the current market rates.

Enter your receive address which is your username.

Click on get deposite address

STEP THREE

It will tell you to transfer your steemdollars to blocktrades.
It will also tell you to use a certain memo.
For instance
a6482ec8-5ae2-42c6-b888-474a32cbabc2

STEP FOUR
Go to your wallet again at your steemit account.
Click on transfer.
Type in blocktrades as receives
Copy the memo from blocktrades site and paste it memo.
Transfer the steem dollars to blocktrades.

STEP FIVE
You will be asked for your password
Copy and paste it.

STEP SIX
You will receive a notification telling you that you have successfully powered up.

That is how to power up using steem dollars from your account.

There is another way to convert steem dollars to steem power using the internal market. I will do a tutorial about it in my next post.

I hope you enjoyed this tutorial. If you did please leave a comment below. If you want to see other tutorials please leave a comment also and I will prepare it specially for you.