[STEEMIT TUTORIAL] How to cash out STEEM Dollars (SBD) + BONUS

in steemit •  8 years ago  (edited)

Here's a full tutorial on how to cash out Steem Dollar + Bonus

How it works:

1) Sign up for an account on poloniex.com

2)Sign in to your Account and 

go to Balances - deposits & withdrawals


3) search for SBD

and click Deposit

you should now see something like that

4) copy "MEMO" and the poloniex deposit address "poloniex"

5) go to your steemit account and choose  transfer from the menu next to your STEEM Dollar


6) Paste your "MEMO" and "poloniex"

7) Hit "Transfer" and your Steem Dollar should now appear in your poloniex Account (10minutes)

8) change back to poloniex and scroll down where it says SBD and hit enter

you should now see this

underneath "SELL SBD" you should see your balance in my case 0.61 SBD

simply fill in the amount you want to sell - just click on the amount

and hit SELL

-when sale is processed succesfully you should now see underneath BUY SBD - your Bitcoin Amount

9) you have now 2 options

sell your Bitcoins or spend your Bitcoins

9.1) selling Bitcoins for Cash

go to coinbase.com and sign up for an account over there

(Coinbase is 1 of the best Bitcoin/USD exchanges)

and transfer your Bitcoins to https://www.coinbase.com/join/577bd1d08bfa3103100000e1 - simply follow the Instructions

9.2) spending your Bitcoins

if you like shopping on Amazon i have a special offer for you:

1) sign up for a coinbase account

2) sign up for purse.io and save up to -15% on all Amazon Articles when paying with Bitcoin

thats it

If this tutorial was helpfull please upvote my Post 

thanks


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you can use @bittrex and @blocktrades to cash out your steem /sbd too

how via blocktrades?

same way basically but send SBD to @blocktrades in the Steemit wallet

Do you still cash out this way or do you use another platform?