How to convert steem or sbd into liquid cash?

in #question5 years ago

View the original post on Musing.io

This is very easy to do. It actually depends on the type of currency you spend in your country. I am very sure there are some exchange platforms solely created for the exchange of steem or SBD into your Fiat currency. For Nigerians, we have trusted platform on whatsApp and telegram where all Nigerians trade their SBD or Steem directly into Naira such that you get your money into your bank account automatically. If you are a Nigerian and you are interested in such platform, you can let me know by commenting on this post so that I can share you the link.

Another easy and most widely used method is to convert your steem or SBD into Bitcoin. Anybody can do this irrespective of your location. All you need to do is to make use of Blocktrades. It is also imperative you have a Bitcoin Wallet where you can store your Bitcoins after converting your steem and SBD. You can set up your Bitcoin Wallet with the use of blockchain, bittrex, binance, and other trusted cryptocurrency Exchanger platforms.

Once you are able to convert your steem and SBD into Bitcoin, you can easily trade your Bitcoin into your Fiat currency. For Nigerians, I recommend the use of LUNO and for international countries, you can make use of paxful and other trusted BTC withdrawal App.

Also, you have to be very careful when doing such things to avoid falling in the hands of fraudsters. You also have to be very careful when dealing with people involving the trading process. It is recommended for Nigerians to make use of Airhawk Exchange.

In conclusion, it is very easy to convert your steem and SBD into your Fiat currency. You can either trade directly on airhawk exchange (for Nigerians) or you convert into Bitcoin and then trade your Bitcoin for cash. Feel free to make comments if you are having any difficulty regarding the process, I will always be here to help you.

Thanks for reading and I hope this helps.

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