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RE: BlockTrades has re-enabled Steem Dollars to Bitcoin pair

in #blocktrades8 years ago (edited)

This post was made a long time ago, when steemit was paying out pretty huge payouts. The payout ratio has since normalized to something less crazy.
We actually send Steem, not Steem Power, from our account, but we can use an operation called "transfer_to_vesting" that allows us to send it as pre-vested SteemPower (i.e. it arrives in the receiver's account as Steem Power). It's just a convenience function for our customers so that they don't have to manually power up the Steem. This function is probably not available from the web wallet still, but you can do it from the command-line steem wallet, which is what our trading system uses.

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Thanks for this information. Do you know whether it will be available from the web interface? This could be useful also for other users.

Apparently it is now available from the web site. Here's the steps: 1) Go to your wallet page and click on your liquid steem amount and select "Power up" from the menu options that appears. Next, In the "Convert to Steem Power" dialog press the "Advanced" button at the bottom of the dialog and the dialog will change to give you the option to send the Steem Power to another account.