Hello Friends,
I am creating this post in Behalf of my Friends who is having some confusion on how to transfer their Steemit Earnings to Bittrex or Poloniex which we call a Digital Currency Exchange Site.
Heads Up I am no expert in this, But sharing with you on how I manage to do on my own somehow I'm pretty successful with it.
- Go to your Wallet - So how do you do that ( Just go to your profile and Click Wallet)
2.Look for Steem Dollars
3.Click on Transfer (Not Transfer to Savings)
So there are 3 parts you have to fill in on the transfer box for you to successfully process the transfer.
To: represents whom you want to send it (It can be your Digital Currency Exchange Site, a Steemit friend or anyone)
Amount: How Much you want to transfer
Memo: Wallet Address or Currency Exchange address ( in simple words this is your address for me to locate your destination) Unique to each member.
So the next question is Where do you get all those info that is being required in your transfer process box?.
Somehow Bittrex and Poloniex has the same process but we just needed to make sure we input the correct Wallet Address or Currency Exchange address in our Memo box and the correct recipient name under our To box.
Bittrex:
1.Go to your Wallet
2.It would route you to this page ( Account Balances Page) on the right side there's a search box you can simply type in SBD or you can manually search it from the list of different currency listed below & clicking into the next button for you to be routed to SBD.
3.SBD - once you find SBD - Click the + sign (means you are depositing SBD to your account)
& another pop up page will appear and here you can find your Memo Address and Registered Acc (Where you need to put in the TO box in your steemit transfer.
Poloniex:
1.Click Wallet (Top Right Side) and then Click on Deposits on Withdrawals
2.It will route you the Balance, Deposits & Withdrawal Page - Righ Side look for the Search Box and type in SBD or Simply Scroll Down until you can find SBD.
3.SBD - on the right side you would have 2 options to click to Deposits ( Funding in your account) & Withdrawal ( Claiming funds from your account)
Select Deposits and another box will pop below:
You can see 1st your Memo ID ( that you need to put into the memo box on your steemit transfer)
next is you can click Deposit address which usually will show as POLONIEX (where you use for the TO or recipient box of our steemit transfer)
So those are the info you need to transfer your funds to your Digital Currency Exchange Wallet. Before you can successfully transfer, It would require your steemit password for you to complete the process.
I hope you can find this useful. and to my friends I understand your next question would be How to convert your SBD to BTC for you to transfer it to your Coins.ph wallet & convert it to PHP cash. Tune in for my next post, I'll be working on that article.