How To Trade STEEM DOLLARS For BITCOIN || Question Answered

in #steemit8 years ago (edited)

Brand new video!

So you got onto Steemit and made some "money", but it's all in Steem Dollars (SBD) or STEEM. So... now what?

Well, In this video I show you how easy it is to trade your Steem Dollars for Bitcoin using BlockTrades! @blocktrades

One interesting thing is this: there was no identity verification in any step of this process. I earn user-generated currency on Steemit, trade it through BlockTrades (which doesn't require identification), and deposit it into any Bitcoin address (I used a CoinBase account for this video, but I could just as easily have put it into my KeepKey address, which requires no identification at all.)

If you have any questions feel free to ask me!

BlockTrades

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Get the game, Blobfish Evolution:
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Click on this link and use Coinbase to get some Bitcoin and we will BOTH get free money!

Then secure your Bitcoin using the best hardware wallet out there, KeepKey!

LEAVE A TIP TO SUPPORT THIS CONTENT, IT MEANS A LOT

To send some STEEM go to your wallet, click on your STEEM or Steem Dollar balance and transfer a small amount to @shayne

Bitcoin: 1DYQWaBiyZyGkxGt9hcVScx6PiKGCELoFk

Litecoin: LTVHPoS7CNSdTE3zyR1TpkU4cGT4K5ApxH

Ethereum: 0xb2e10b5350c40e11f4390d7a0d56bc5ade5f006c

Dogecoin: DEiXBQu1nUKQxc81h4svskxUERATbpTooW

Dash: XnAD9WEwXWnWyFhNYpTadoqtz6DE8oji7d

Upvote, resteem, share your thoughts, and follow @shayne

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Hello @shayne

This is a very easy to understand video, saved it for future reference.

Thanks @ogochukwu

Excellent. I'll use it. :D
@bitworkers

Awesome! Good to hear!

Can't believe I forgot to tag @blocktrades in the post!!! Fixing that now.

Very helpful and looks easy enough. Thank you so much for this tutorial! @shayne

Resteemed, upvoted and followed.

Woah, thanks a lot :D

Hey, i Will use this with my first earnings. Thanks you so much!

Sweet! There is also @changely that is accepting SBD again. It's good to compare the rates on the exchanges before you use them.

Nice one :) Thank you.

You're welcome. I hope it helps

Resteemed. I would like to take some of my earnings here and buy something, perhaps by way of a gyft.com amazon gift card.

Thank you! Did this video help?

Yes. Is there a particular online wallet you like better though?

Glad to see you enjoying Steemit and teaching others to enjoy it too!

"Steemit has been very good to me" Me too. Another bonus to mention here is that the SBD's that you traded were worth about $1.50!

I've used a lot of inflated SBD's to purchase bitshares (Steem's brother) at huge discounts!

Oh, yeah. It's super cool to see 37 SBD translate to $50 worth of Bitcoin. What an interesting time!

Thanks @shayne, I was wondering about how to do this in the future.
Very helpful, cheers!

Glad I could help :D

Shayne. Would you mind chatting about this a bit more? I would like to pick your brain and ask questions. Need a bit more help. Is there a messenger service I could reach you at? IE: Skype or text...

Oops! I missed this reply. You can send me a dm on steemit.chat
My screen name is shayne.smith

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