This is for Steemit friends...Convert Your Steem/Steem Dollar To USD Paypal in Just Few Steps Using Three Websites...! by futureentech

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steem · @futureentech · Mar 12 '17 (edited)

$1.23

This is for Steemit friends...Convert Your Steem/Steem Dollar To USD Paypal in Just Few Steps Using Three Websites...!

Hi Guys..I saw many readers' confusion of converting their Steem or Steem Dollar into their dream destination..i.e. Paypal..!

**This is my first personal transaction from Steem (Steemit) to USD (Paypal)**....I thought this could be useful to all....

I have tried to simplify this issue using very simple and user-friendly approach....Hope, you will like it...

https://i.imgsafe.org/52e5897b8c.png

The following simple steps would give you an access to much-needed fund in Paypal which can easily be transferred to your bank account.

You need to use only three websites..**1) Steemit 2) Poloniex and 3) Localbitcoins..** that’s it..

**Step -1 (Transfer your Steem/Steem Dollar to Your Poloniex Wallet)**

https://i.imgsafe.org/51679b7506.jpg
Steemit Wallet screenshot...Click Transfer button in steem drop-down menu...

https://i.imgsafe.org/5167a39099.jpg
Poloniex Balance....(https://poloniex.com/balances) click deposit against Steem....and get Steem Memo...and write this memo in above Steemit transfer....

**Step-2 (Convert your Steem / Steem Dolar into Bitcoin BTC in Poloniex Exchange)**

https://i.imgsafe.org/51841d9361.jpg
In my case...Steem Dollar is available in the wallet...it shows SBD only.. If you transfer Steem from Steemit to Poloniex, you can able to exchange Steem to Bitcoin (BTC)...

After successful exchange of steem/steem dollar to Bitcoin (BTC)...it's time to transfer Bitcoins to LocalBitcoins Wallet...

**Step-3 (Transfer your Bitcoin BTC from Poloniex to LocalBitcoins Wallet)**

https://i.imgsafe.org/5198ad8ce2.jpg
Copy Bitcoin address given in the Localbitcoins to receive your Bitcoins (BTC) from Poloniex wallet...

https://i.imgsafe.org/5167a8c87f.jpg
Successful withdrawal of Bitcoins from Poloniex to Localbitcoins wallet)

https://i.imgsafe.org/51a5de2756.jpg
Wallet Transaction in Localbitcoins...

**Step-4 (Your Bitcoins selling to highest paying buyer in Localbitcoins)**

https://i.imgsafe.org/51b062059d.jpg
Click 'Sell bitcoins' on top of Localbitcoins and select Paypal and click Search...

https://i.imgsafe.org/51d474eccd.jpg
Fill-up the details as mentioned in the screenshot

https://i.imgsafe.org/51d4850955.jpg
Contact#xxx details of Localbitcoins....Send your message to buyer for quick response....

https://i.imgsafe.org/51d48e81bf.jpg
Finally..screenshot of my email address (connected to Paypal account)...Transfer of USD to my Paypal account....and you can easily transfer USD to your local bank account.....

Guys...Please upvote...if you really like this post...

thanks
www.FutureEnTech.com

👍 created, nanzo-scoop, arama, doitvoluntarily, wang, mummyimperfect, ak2020, fyrstikken, coininstant, araki, steevc, mafeeva, honusurf, fact, filotasriza3, btcshare7, proctologic, wagnertamanaha, pairmike, ambyr00, sqube, aiqabrago, steemfeed, karenmckersie, gomeravibz, jamesjarman, barrydutton, richardcrill, giantbear, ubg, firesteem, seablue, whatageek, juvyjabian, emily-cook, konelectric, thedeplorable1, forrestwillie, steemitguide, meysam, thevillain, denmarkguy, timelapse, matrixdweller, stray, darthnava, grey580, zyepto, money-alchemist, serendipitie, lasseehlers, daisyd, andrei, dianargenti, patelincho, nik69, cwatch, driptorchpress, mycryptomark, h0u53-gaming, thereceptionist, joeridamian

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@doitvoluntarily · Mar 12 '17

the first time is always the trickiest lol

👍 futureentech, aiqabrago, seraph
👎 asshole

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@money-alchemist · Mar 12 '17

Resteemed. This is going to be helpful for a lot of newbies. A step-by-step newbie friendly guide indeed.

👍 futureentech, seraph
👎 asshole

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@steevc · Mar 12 '17

$0.22

I hope there will be simpler ways to do this in time. I assume there are costs at each stage of this and I hear that Bitcoin transfers are taking a while. I have seen people selling Steem on [Peerhub](https://www.peerhub.com), but only small quantities.

👍 nanzo-scoop, mummyimperfect, ak2020, mafeeva, steevc, futureentech, emily-cook, seraph
👎 asshole

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@futureentech · Mar 12 '17

Hi steevc...i had transfered 355 steem to Poloniex and exchanged to Bitcoins (BTC) for final transfer to Paypal...in these whole transaction...I don't see any major dilution of USD....

👍 steevc

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@steevc · Mar 12 '17

That's good, but I expect each stage takes something to cover their costs

👍 futureentech

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2 replies

@thereceptionist · May 3 '17

This is truely life saving! Thank you so much @futureentech :) I am truely greatful. As everyone does say, the first time is always the hardest but I got through it and I am stoked. Amazing instructions, very well explained post! I have followed you :) Cheers.

properties (22)