Many steemit users usually sell their steem or SBD to other users who know how they can convert them to bitcoin at a very lower price as compared to the market price.They don't know that they can easily convert them to bitcoin at the current market price.The reason is that most people who take part on steemit are bloggers and they don't have knowledge for exchanges.Today i am happy because i will let you know on how you can convert your steem or SBD from your steemit account to bitcoin.The following are exchanges in which you convert your steem or SBD to bitcoin;
1.bittrex
This exchange is based in us.Individual can convert their steem or SBD from their steemit account to this exchange by following the steps as below;
-Login to your steemit account
-Go to your wallet
-for steem click on steem then click transfer
-on send to account enter bittrex
-on amount,enter the anount you want to send to bittrex
-Login to your bittrex account then click on wallet
-search steem and then click +
-copy the memo
-Go back to your steemit account and paste the memo on the blank space which indicates this memo is public.
-click submit where you will be redirected to login page
-paste your login password and the transfer will be complete
-Go back to your bittrex account again and you click on bitcoin market
-search for steem
-Go to sell steem section and you enter the amount of steem you want to convert to bitcoin
-click sell steem and you will be happy to have converted your steem to bitcoin
-For SBD,you do the same
2.poloniex
This exchange is also based in us.Just like in bittrex,individual can also convert their steem or SBD from their steemit account to this exchange by following the steps as below
-Login to your steemit account.
-Go to your wallet
-For steem,click on steem then click transfer
-on send to account enter poloniex
-on amount ,enter the amount you want to send to poloniex
-login to your poloniex account then click on balances followed by deposits and withdrawals
-go to steem then clikc on deposit
-copy the memo
-Go back to your steemit account and paste the memo on the blank space which indicates this memo is public
-click submit where you will be redirected to login page
-paste your login password and then transfer of steem will be complete
-Go back to your poloniex account and you click on exchange followed by steem on bitcoin market section
-Go to sell steem section and you enter the amount of steem you want to convert to bitcoin
-click sell steem and you will be happy to have converted your steem to bitcoin
-For SBD,you do the same.
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