Bitshares 101 Episode 2- Making your first steem deposit and exchanging it with Bitcoin

in #utopian-io7 years ago

Hello. Welcome to bitshares 101 episode 2. In my previous episode, i talked about how to register for an account on bitshares.org. This is the continuation of the 101 crash course. And in this episode, i will be talking about how to deposit steem or sbd into your bitshares wallet. So to benefit from this tutorial, Stay through with me in this video. Enjoy the show.







To deposit on bitshares, simply login into your bitshares account and click on deposit for the deposit Page to appear as below.
Screen Shot 2017-12-10 at 2.24.02 PM.png
Follow the deposit instruction to deposit your steem. You have to select a transfer service, a gateway and the asset you want to deposit. All these have been explained vividly in the video.

I believe you enjoyed the tutorial. Now you can safely withdraw your sbd into your bitshares.org account and exchange it for open.btc. Open.btc is the same as bitcoin. It is just held by Openledger giving it the name open.btc. Than you for watching this episode. Bye Bye



Posted on Utopian.io - Rewarding Open Source Contributors

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@tj4real
Does it require any verification process to transfer bitcoin to any other local bitcoin address.

no verification process is required . All you need is your wallet and the address you want to transfer your bitcoin to.

Thank you for the contribution. It has been approved.

You can contact us on Discord.
[utopian-moderator]

Thank you for approving my modest tutorial.

Hey @tj4real I am @utopian-io. I have just upvoted you!

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