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RE: @cfminer - Exchanging 75 SBD To Fiat - Live Post - Operation Complete :)

in #cfminer7 years ago (edited)

wait why not use blocktrade.us
its easier and trustworthy. Is it bc of price difference??

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75 SBD = 2.5538477 LTC = 679 USD
It's not that bad.
With my way its 690 USD. 11 USD difference (1.2 SBD).
You're probably right :D

it depends on the fees poloniex has. How much do they charge?

But I would be making 15 transfers like this so 3.9 USD.
But! blocktrades is much safer, I will use that way - thanks!

sell as quick as possible or withdraw your sbd back to steemit and trade in one shot.

Wait there's more, blocktrades states that:

Note: each deposit will incur a fixed fee to pay the Litecoin transaction cost (current fee: 0.088 SBD). You should send at least 5 times this amount (0.44 SBD) to get a reasonable exchange rate.

OK, it's 0,8 USD - it's cool :)

80 cent right? I gave you a bunch of 3 cent upvotes to cover those costs.

I've only sent 6 SBD to poloniex so far - for the rest 70 I will use Blocktrades

0.001 LTC - 0.26 USD

blocktrades.us takes high fee, let me check it out.

It does? I got my bitshares below the rate on there.

oh i see...



Maybe it cheaper than poloniex? How much fees does poloniex have? How much does 1 sbd give in usd in there? And steem dollar right now is https://www.livecoinwatch.com/price/SteemDollars-SBD

It is, but with 70 SBD the difference gets smaller (1 LTC is 264 USD * 0.031 = 8.1 USD)

OK, all 75 SBD trades to fiat, mission complete :) Thanks for the idea with blocktrades, saved a lot of time and nerves!