Cashing Out - How to Turn Steem Dollars into Australian Dollars by datascience

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dtube · @datascience · Jan 15 '18 (edited)

$0.89

Cashing Out - How to Turn Steem Dollars into Australian Dollars

<center><a href='https://d.tube/#!/v/datascience/wqaivofm'><img src='https://snap1.d.tube/ipfs/QmRzTRw1dSq2bWZCD3EX59cjuU3NubWSjqHPKPa6R291yq'></a></center><hr>

In this video I will show how to convert Steem or Steem Dollars into Australian Dollars (although I would imagine the process is very similar for other countries).  The process uses [blocktrades.us](https://blocktrades.us) to convert Steem Dollars into Dogecoin (you can use Litecoin or Bitcoin but the fees are higher) and then CoinSpot to sell the Dogecoin for Australian Dollars. If you wanted to use BTC Markets instead of CoinSpot you could follow a similar process but you would have to transfer using Litecoin or Bitcoin. 

To join CoinSpot you can [click here for my affiliate link](https://www.coinspot.com.au?affiliate=1U42N
).  Coinspot is an Australian-based crypto-brokerage/market.  Please note: it does normally take a bit of time to get through all of their ID checks. 

<hr><a href='https://d.tube/#!/v/datascience/wqaivofm'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/Qme9sFQMstzNdSvFfje3Q3HNP6q5kNNRsRDFUBNLPhXSbE'> ▶️ IPFS</a>

👍 centerlink, datascience, minnowsupport, cycling-goldfish, mazzle, urs, teamaustralia, webcoop, chuckbaker, mumofmany, steemulator, jaycobbell, ausbitbot, cryptwo, whistasyaakovi, bogglemcgee, mslillypilly, alex130988, mboroto89, steemsquad, etemi, rmaxhuni, jtthefoodie, bluebeard2011, trinumedia

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@bogglemcgee · Jan 15 '18

Awesome video, mate. Will definitely refer to this when the time comes to make some cash :)

👍 datascience

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@datascience · Jan 15 '18

ehcvvw892

To join CoinSpot you can [click here for my affiliate link](https://www.coinspot.com.au/?affiliate=1U42N). Coinspot is an Australian-based crypto-brokerage/market. Please note: it does normally take a bit of time to get through all of their ID checks.

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@minnowsupport · Jan 20 '18

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Lyndon (at datascience) from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>

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@thomasrobertgent · Jan 14 '18

Thanks mate!

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@trinumedia · Jan 25 '18

1t5rcw4t3

Interesting. I was wondering how to do it.. so essentially you 1. Convert to another Crypto from Steem. 2. Use said crypto for a sale into the local currency in a wallet system. 3. Withdraw local currency from wallet. Have  I understood correctly?

👍 datascience

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@datascience · Jan 26 '18

$0.17

Yes, although if you are on an exchange that has steem/sbd and your local currency you can skip 1 and just transfer steem/sbd straight there to sell.

👍 datascience

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@trinumedia · Jan 26 '18

Now the golden question is... how do I withdraw to a local currency!¿ haha Or even USD... in a country like Colombia.

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