For new users, transferring money around can be quite scary. It's often not like anything we've done before.

This guide will walk you through the steps of transferring your money between Steemit and Poloniex. If you use a different cryptocurrency exchange, the general idea is the same, even if things look different.

Q: How do I get my Steem Dollar or Steem deposit addresses from Poloniex?

1. Login to Poloniex
2. Hover over Balances (near the top right of the screen) and click Deposits & Withdrawls
   
3. Enter Steem into the Search Box and click the Deposit button for either Steem or Steem Dollars (which ever you are transferring.)
   
4. Copy the alpha-numeric code that it gives you. (I hid mine in this picture)
   
5. You'll need this to fill out the transfer form on Steemit

Q: How do I transfer money from Steemit to Poloniex?

1. Click the your portrait at the top right of your screen and then in the drop down selections choose wallet.
   
2. Click the dropdown next to Steem Dollars (or Steem) and click Transfer.
   
3. Fill out the form:
   
   a. From = @yourAccountName (this is pre-filled for you)
   b. To = Hive account@poloniex
   c. Amount = your choice in Steem Dollars or Steem
   d. Memo = Paste your Steem Dollar or Steem deposit address from Poloniex (or whatever exchange you're sending it to) into this field. (See instructions above to show you how to get this.)
4. Hit Submit. You can track it's progress on the Poloniex's Deposit and Withdrawl History page.

Q: How do I transfer money from Poloniex to Steemit?

1. Login to Poloniex
2. Hover over Balances (near the top right of the screen) and click Deposits & Withdrawls
   
3. Enter Steem into the Search Box and click the Withdraw button for either Steem or Steem Dollars (which ever you are transferring.)
   
4. Fill out the form:
   
   a. Address = Your Steemit username (i.e. sykochica) without the @!
   b. Memo = You can leave this blank (even though some guides say it needs the Steemit Private Memo Key)
   c. Amount = Amount of Steem Dollars or Steem to transfer
5. Click Withdraw. You can track it's progress on the Poloniex's Deposit and Withdrawl History page.

I do plan to create guides on transferring between Steemit and Bittrex, Bittrex/Poloniex and Coinbase, and Coin base and your local bank in the near future. Feel free to leave a comment if there are guides you would like to have created.

Please upvote and resteem if you found this guide helpful.

The full list of my guides can be found HERE.

Image Sources:
Money