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RE: Steem To Dollars - How Is It Done?

in #steem7 years ago

I found this a little difficult when I first tried. I got some advice from some friends who were more familiar. I use bitpay and blocktrades. I then transfer it to a bitpay card. I don’t know if it’s the best way, but it is the only way I have tired, and it works well for me. There are actually posts on steemit that give step by step directions. Those are helpful, too. Good luck!

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Good for you. So, you didnt need to use Bittrex?I have not heard of bitpay. Can you transfer the bitpay card to cash? I’ve searched and seen some of the posts, but have not yet found one that is simple enough for me to follow. 😏

Yeah. You can use it at any ATM to withdraw funds. :)

I use blocktrades to transfer to bitcoin, and I use bitpay to transfer to USD.

Looks like they charge $5 a month for the card if you don't use it regularly. Im just looking for a way to occasionally transfer money.

That sounds easy. Thanks for the advice! :-)

You’re welcome! I was hesitant about the card, as well, but I haven’t had any issues as of yet.

So far so good. I transferred some SBD to Blocktrades, then sent ETH to my ETH mobile wallet at JAXX. I have now signed up and just finished the verification process with Kraken. I will next transfer ETH there and have it converted to fiat to deposit in my bank! I used ETH, becauase the Bitcoin charges are too high. Honestly, I had no idea this was going to be such a hassle. You would think that someone would have come up with something a lot more streamlined! LOL!

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