Transfering STEEM to Coinbase to Cash Out (Guide) RE: @sonsofsparda21
Hello, @sonsofsparda21.
My girl @audiefaith just saw your post asking for help on how to convert STEEM and transfer it to your Coinbase account. This guide is a response to that.
First thing is first, go into your Steem account and go to wallet:
Now, click sell from the dropdown menu of your STEEM holdings:
This will bring your to the 'Blocktrades' site.** Leave this tab open and open up your Coinbase account, select your Portfolio:
Select Ethereum. You can also use Bitcoin or a couple other currencies but I am going to use Ethereum for this example:
Now, select receive:
Copy your Ethereum address using the copy button:
Return to the Blocktrades site and choose Ethereum under the second dropdown menu under the "receive" menu. Then, enter how much Steem that you want to transfer to your Ethereum wallet:
Paste your Ethereum address into the 'receiving address' box and click generate address:
Now enter your STEEM account username into the box that comes up and hit 'Transfer STEEM':
Use Steemconnect to Approve the Transfer. If you have to login to your steem account with steemconnect do this, and then complete the transfer by clicking 'approve':
I hope that this helps! If it did go ahead and give me a follow. I personally suggest that you acquire as much steem as you can and leave it in your steem account to grow more! It's worth it. If you read my article SteemRoller (pickin up steem) it will explain how to operate Steem effectively and keep growing your account. It is just the basic information, as there are many more aspects to steemit, but the article should give you a pretty solid foundation if you are interested! Thanks and have a wonderful day!
-Article by Jonathan Caleb Williams @badseedalchemist
images created by @badseedalchemist using GIMP image editor
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STOPTo support your work, I also upvoted your post!
Ha, it's silly complicated isnt it?
Lol it used to be!
Thank you very much your awsome
Ok well i have a very small amount of bitcoin on coinbase how would i transfer that to steam instead
If it is an extremely small amount of bitcoin then I would consider using your coinbase to convert your Bitcoin to Dashcoin to avoid the large fees. I just tested this out and was able to send as small of an amount as 0.01 cents USD to my Steem acount. First, convert your Bitcoin to Dashcoin. Then, go back to blocktrades.us and in the send box, select Dashcoin, and the receive box, select STEEM. Where you previously pasted your ethereum or whatever address, instead, now put in your STEEM account name. Now, hit 'Get deposit address again.' Copy the address that it gives you and go back to your Coinbase account. Go to portfolio and to your new dash coins. Hit send, put in the new deposit address that you just got from blocktrades and send. Your STEEM will show up in your STEEM account within a few minutes.
Hope this helps!