here is a tutorial for my fellow aussies!
Want to know how to easily change your
Steem Blockchain Dollars to Australian dollars?
Are you new to the steemit platform and would like to
know how to turn your content into spending money?
If the answer is yes then read on!
This tutorial requires you to have an account with
Independent reserve
Also feel free to use my refferal link and share the love (I get some kickbacks):
My Independent reserve referral link
Independent Reserve is a Sydney-based Australian cryptocurrency exchange, founded in 2013.
Their trade commission stands at 0.1% to 0.5% depending on your 30 day trade volume.
Bitcoin and Ether deposits are free and an important fact, AUD withdrawals are free to Australian bank accounts!
~Step one~
Make an Independent Reserve account.
~Step two~
Open your steemit wallet: https://steemit.com/@ YOUR NAME/transfers
~Step three~
Click The small arrow next to your STEEM DOLLARS total and select sell.
You will be redirected to a website called Blocktrades
~Step four~
Enter the exact amount you want to exchange in Blocktrades
and select ETH for the receive amount
Example:
~Step five~
go to the accounts tab in Independent Reserve and click deposit next to ETH
Example:
A window will open with your ETH deposit address
Example:
copy this key very carefully and paste it into the receive address area in Blocktrades.
now click "Get Deposit Address" underneath where you pasted your ETH deposit key.
Enter your account name as it appears on steemit.com
Example:
Next you are automatically taken to the steemconnect window, accept the transfer.
It will take a while for the confirmations on the transaction to go through and for the ETH
to appear in your Independent Reserve account.
Expect 10 mins to 30 mins wait.
You can refresh your ETH wallet on the Independent reserve page labeled Deposit Wallets.
~Step six~
Lets get some real cash, that meat pie money!
Now you have your ETH in your Independent Reserve account you can go to the tab labeled "Trade"
click the top left hand arrow and select ETH if not already selected. (1.)
Now click the button labeled Max. (2.)
Click the button labeled preview sell order. (3.)
Finally review your market order in the next window that opens.
If you are satisfied with your order click "place sell order"
Example:
Congratulations! You should now have AUD in your Independent Reserve account!
You can click withdraw next to your total and select
your pre-defined Australian Bank account
Example:
Your money will be in your Australian Bank account within one business day!
I personally use this method and It works well.
I really hope you found this tutorial useful!
Thank you for your time and appreciation!