Good afternoon! Steemit Thanks for your hard work. I understand - I need to work. I do my job.
I earned the first Steem dollars. What's next?
1. I can exchange Steem dollars on Steem
Tradeable tokens that may be transferred anywhere at anytime.
Steem can be converted to Steem Power in a process called powering up.
2. I can be exchanged for Steem Power
Influence tokens which earn more power by holding long term.
The more you hold the more you influence post rewards and earn for accurate voting.
3. I can receive cash.
I read a lot of articles on the subject. As I understood it, I presented in the form of schemes.
My scheme:
I decided to get the cash. How is the process of exchange? I decided to check out the example 1 sbd exchange.
There are many ways of sharing. To understand what I need, I drew a diagram again. This is my way. As can be seen from the diagram:
1. Convert sbd in Bitcoins
2. I do not know how to withdraw money from poloniex. I use btc-e.
3. Cash
Just need to register poloniex and btc-e.
I was not registered to poloniex. Here is a brief in the form of pictures, how to do it
Everything is very simple. I will not describe how to work on the exchange. A lot of information, such as "How to Get Started at Poloniex Online Cryptocoin Bitcoin Exchange"
Stop at btc-e. I will not. Because the use of btc-e. is not required. This is my way.
I have 1 SBD and information, how to get the cash. Let us check how this works in practice. Let's start.
I will describe the process schematics. I hope this will be clear.
I transferred to exchange 1 SBD. What I got? According to the current exchange rate on the stock exchange, I sold the 1 SBD
As a result, I received 0,0015 btc. Next, 0.0015 BTC I posted on the btc-e.
Get the cash, I could not. btc-e exchanges, when the sum is greater 0,01bts. Experimentation is not entirely successful. According to btc-e I had to get 52 rubles.
My experiment. For the 1 sbd I received 52 rubles. Thank you for attention!!!