How Does Blocktrades Work? A Lesson For Me and My Followers? Sold Some SBD ~ WHAT DID I DO? [SCREENSHOT INCLUDED]
I saw the price of SBD at 2.42 and decided to cash out some SBD into bitcoin.
I have done this before without issue but this time I'm perplexed and I'm guessing I just have some learning to do.
I made 2 different transfers. Each you can clearly see IN THE SCREENSHOT was about $1000 USD worth of steem. But the BTC I got was nowhere near that much at the time of the trade. It was more like $600 USD. OUCH! What the heck? What did I do wrong and what should I do in the future? Any advice post below!
I send my SBD to Bittrex and set my sale price, etc. as I see should fit the market prices. I sell my SBD for BTC. Then I can transfer my BTC to a digital wallet. I use Coinbase. I've done this a few times, without issues KNOCK ON WOOD!
I like to personally look at the market prices and what SBD is buying/selling for instead of watching an estimator.
Adding: I'm sorry to hear you had this bad experience. That stinks! :'-(
Shoot this info to [email protected]. They are very responsive!
email sent! THANKS!
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Resteemit!
Need to know too☺️
Try to withdraw SBD to your wallet in bittrex exchange abd then cashout as btc.