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RE: How to withdraw STEEM/SBD in India?

in #partiko5 years ago

So here's what we usually do:

  1. Set a schedule to withdraw the Steem power you have stored. As it takes a total of 13 weeks to withdraw the Power that is vested, it is important you calculate exactly how much you want to withdraw over the course of 3 months and divide them accordingly.

  2. Open an account in any major exchange that supports Steemit. My choice is Poloniex for its easy to use UI.

  3. Covert those to Bitcoin and head over to LocalBitcoins.com or Koinex.in and sell it at your specified price.

Alternatively, you may also choose to sell your Steem directly to someone in need. But that requires you to find the personally, which is not always easy and also that you have a mechanism that allows you to receive you funds with guarantee. A smart contract platform.

Keep in mind that there is no easy way to do this in India yet. We just have to wait and see if any of the P2P exchanges such as Koinex.in, CoinDirect, UnoCoin or WazirX decide to list Steem.

Hoping that helps you search for the answer. Cheers.

If you don't kind, lease do check our page @ReverseAcid. We have been trying to spread Blockchain information for the audience to perceive easily.

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Thanks a lot. I like the detailed steps and explanation

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