Contest!!! Steemit and My Crypto Knowledge

^{edited on canva}

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INTRODUCTION

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Hello good people of steemit and the amazing people of hot news community how are you all doing I hope all is well, I'm so excited to participate in a contest organised by @cryptoloover with the theme "Steemit and My Crypto Knowledge"

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WHAT DO YOU LEARN ABOUT CRYPTOCURRENCY FROM STEEMIT PLATFORM?

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Having knowledge about cryptocurrencies is a blessing and I have seen a lot of people who do not even want to hear the name cryptocurrency because there all think that it's scam and that it's all about taking people's money.

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So all thanks to the steemit platform I have been able to have more knowledge about cryptocurrencies and how it's operate and works, and below are some of the things that steemit has enlighten me about cryptocurrencies. There are;

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• How to trade cryptocurrencies
• Blogging and earning crypto
• General knowledge about blockchain
• Crypto technologies

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The steemit platform has really enlighten me so much about cryptocurrencies and has also built in me the sense of confidence in the blockchain world.

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DO YOU KNOW HOW TO CONVERT STEEM INTO YOUR LOCAL CURRENCY?

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Yes!! I definitely know many ways on how I can convert steem coins into my local currencies, so below I will be guiding you guys through the steps by step method that you can used to convert your steem coin to NGN.

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But first of all before you can do this you will need to download and open a binance account, the app is available on playstore and it's rated 4 and a half star ⭐ which shows that its legit and trusted.

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HOW TO CONVERT STEEM TO NGN

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Below are the steps taken to convert steem coins to NGN on binance.

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STEP 1

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First of all open and log into your binance wallet then click on the more options as you can see in the picture above then you will be taken to a new page still on the app.

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STEP 2

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After you might have clicked on the more option then in the new page scroll down then you will see the Convert option on the trade section as seen in the above picture.

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STEP 3

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Then after clicking on convert since there are many tokens available on binance you will have to search for steem on the search bar provided.

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Then after you see the steem coins click on it the you will also have to search or select the token you wish to convert it to, still you will have to used the search bar to search for NGN.

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STEP 4

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In this step after clicking on the NGN the next thing to do is you will have to input the amount you'd wish to convert your steem token to as you can see in the picture above.

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And once you'd finished inputing the amount you'd wish to transfer then click on the convert button to initiate the transaction.

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STEP 5

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After you have initiated the transaction you will then go back to your spot wallet as you can see in the picture above and I really like binance because there after the best rate in transaction.

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As you can see that I converted 4.7 steem coin to NGN and my balance is now 733 naira the best exchange rate in the market is on binance so please if haven't registered please do well to do so.

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WHICH THING RELATED TO STEEMIT IS STILL CONFUSING FOR YOU?

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Before I was very much confused about a lot of things here on the steemit platform things like how upvotes generates income, the top curators etc but with proper research I came to understand all of this basic things

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I'm inviting
@prime33
@walictd
@fantvwiki