How do i convert steem into steemdollars ?
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You can place a sell order at https://steemit.com/market. You'll need to be logged in and have either your master password or your active key.
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I'm not sure I understand this process. Do you sell STEEM into STEEM DOLLARS? How do you get STEEM from crypto-coin to USD?
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You sell Steem on an exchange for Bitcoin. You then sell the Bitcoin for USD on a BTC exchange such as Coinbase.
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I'm a total noob here. So if I understand "Steem" is the transferable currency and "Steem Dollars" is the internal (savings) currency?
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Both are transferable. Steem is a free floating crypto. Steem Dollars are loosely pegged to the USD.
https://steemit.com/faq.html#What_is_the_difference_between_STEEM__STEEM_Power__and_Steem_Dollars
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Go to your wallet
Click the amount of steem that you have
Go to market and sell the Steem
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Thanks guys!
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