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RE: TUTORIAL | How To Convert Your STEEM/SBD To Fiat And Withdraw On mysteemx.com

in #steemit6 years ago

Hey @steemexchanger.

Integrating steemconnect into this process is a great idea. Thank you for putting forth this service. It will be good to be able to go directly from STEEM/SBD to fiat at whatever point I might do that, instead of using two exchanges and converting to another alt coin first.

You don't have the fiat to STEEM/SBD option yet. Is that a little trickier to do then? Any idea when it might be available?

Also, regarding conversion fees. Are they combined total between your fee and the gateway fee for each conversion?

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@glenalbrethsenSteemConnect will be integrated in a coupled of days. The fiat to STEEM/SBD will also be available soon. Regarding the fees, you can visit the FAQ section on our homepage mysteemx.com. Thanks for the feedback.

Will the ability to purchase Steem with fiat also be structured through PayPal? I have to say if I could use PayPal and avoid the hassle of Coinbase to Binance To Steemit that would make things so much easier.

Thanks for resteeming this @glenalbrethsen. I had never heard of this before.

we do not have a plan to integrate PayPal as a receiving mode of payment since payment via PayPal could be reversed. We are already working on a partnership with a payment processor for receiving payments ---( processor that accepts integration with crypto-powered service like SteemX)

Ahh, then I will probably just stick to using you the other way if I ever decide to cash some out. Wasn't looking to link my debit/bank accounts to any more services like an exchange or third party system. Especially if I have never heard of them, such as the case with SteemX who is unknown to Google as well. Still sounds useful for cashing out though. :)

Thank you @practicalthought. We've been in operation for over 7 months in Nigeria and Ghana via steemexchanger.ng and steemxgh.com. You should find those on Google. mysteemx.com is our global version and still new.

Hi. How do I buy steem with cedis on steemxgh?

We're making an upgrade on all our payment receiving methods. So for now the "buy STEEM" option isn't available to users in Ghana.

Okay. Thank you for that information. I did check out the FAQ. That's why I was asking if yours and the gateway's fees were combined, since they're listed separately. You take yours and they take theirs. As it should be. :)

SteemX charges and Gateway charges are two different things. You'll have to add them up to get the sum.

Okay. Very good. Thank you very much. And I wish you well on this whole endeavor and I do plan to check you out when all of your services are online. (I'm probably not going to be cashing out STEEM in the immediate future, but who knows, it could happen sooner than I think. :)

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