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The transactions I have done so far have been done live on Discord. We have everything set up for the transaction. We watch the price on CoinMarketCap, agree the exchange rate and then do a more or less instantaneous transaction.

The prices will go up and down of course but with the sums involved it is only a few pennies either way.

It would be good if a steem to fiat exchange popped up.

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 96689.25
ETH 3594.86
USDT 1.00
SBD 3.92