Transferring Your Steemit Rewards to Your Bank Account
How To Transfer Your Steemit Rewards to Your Bank Account
I'm not sure if today's video is more of a walk-through or a "see I told you so" video lol. I've had a couple of people on YouTube ask if you could even cash out your Steemit earnings. Most made it sound doubtful that this was even possible. So despite my goal of not moving any money off of Steemit for my first 6-12 months, I thought I should create a video showing not only that this was possible, but also very easy.
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- Daily Comment Reward -
- Upvote this post
- Leave a unique comment (not just a "great video!" or "follow me")
- And you could win $20 USD worth of SBD!
That's it! It's also a great idea to go ahead and follow my channel so that you don't miss any upcoming posts. You can do that here: https://steemit.com/@brandonfrye
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anytime anyone asks me any questions about steemit/steem and how to use them......i send them to your videos!!!!! THE PLACE......for deepening in understanding of how this place works!!!!! steem blockchain 101!!!!! thank you!
Being at the beginning of my Steemit journey I also don't want to get anything out of the platform at least for a couple of months from now. All I care about is to increase my Steem Power so I buy SP with every SBD that I earn.
That being said, I'm going to watch this just so I know a year from now how to go from STEEM to fiat and after that to buying a lambo. :D
Hahah, I love it! And smart thinking. :)
@zemiatin, I see your posting content, you may be better off transferring your Steem and SBD to Steem Power via the use of upvoting bots. The benefits of this are that sometimes you get a little extra (though often a little less) but it boosts your reputation and post visibility.
Hey, thanks for the tip.
So you are saying that in the end I could gain more Steem Power if I use upvoting bots instead of straight selling my SBD for Steem Power using blocktrades?
The main advantage isn't the extra Steem Power, its the reputation and visibility advantage.
Have a watch of this post: https://steemit.com/steemit/@brandonfrye/steemit-upvote-bots-still-profitable-or-waste-of-money
Thanks. Going to look more into this.
It's not only the haters man LOL I had a really good friend of mine earn some Steem last week and had to walk him through the same process.
His wife was telling him it was all a scam and he would never get paid....
A few days later, he had some cash in his bank account LOL
Love this place!
That never gets old lol. If anything goes against the grain of "normal society" then it's a scam. If you don't have to clock into a j.o.b. and trade your time for dollars, then it's a scam. Glad to hear your friend got the proof in the bank though. :)
very useful information, thanks @brandonfrye
You're most welcome. Hope you're having a nice weekend!
Great information, nice post, thanks for sharing
Thanks!
You got a 14.33% upvote from @mercurybot courtesy of @brandonfrye!
Thanks for this, hard to believe people don't think you can withdraw! I guess YouTube comments give you a bigger slice of the opinions of Steemit.
You're right about that. I've never seen so many doubters in all my life lol. They just can't believe that there's actually a social media platform that pays you for your efforts to make the platform a better place. I assume many of these people will stick to YouTube, Facebook, etc. As they say, you can lead a horse to water but you can't make him drink.
Brandon, I've noticed a lot of people use bittrex and poloniex to take money out of Steemit. Do you have any info on those exchanges?
Also, I didn't see that blocktrades charged you a fee during the video maybe I missed it?
Thanks!
I personally haven’t used either of those exchanges. But you could prob find a video on both of them and follow the same instructions to send your coins to their exchanges. And no I don’t believe BlockTrades charged much if anything.
Cool, thanks!
Great demonstration. I have not moved any steem out yet but very good demonstration on how it works. Thanks
Cool glad it helped. And yeah, I prefer to keep all my steem on the platform too.
Great video! This step was one of the big things I was wondering about :) Consider me a new follower!
Awesome and thanks @jarzs!