How to do btc withdrawals almost instantly from Poloniex using SBD, BTS or STEEM and Blocktrades

[forrestwillie]

Problem

BTC Withdrawals from Poloniex can take from 45 min to 24 hours and Its hard to tell which it will be.....In this post I will show you how to avoid uncertainty.

Solution

Convert to a currency with quick transaction speed I recommend SBD, STEEM, BitUSD or BTS. *(NOTE in this Example I used SBD and Took my time and because of that I LOST 0.00120413 btc) Othertimes I have gained. Either way, If you are in a pinch and need to get BTC out of POLONIEX quick follow these steps.

Step 1 buy SBD

Step 2 Withdrawal SBD to steemit account...

Step 3 Check Email to confirm withdrawal....

Step 4 Click Link to confirm.

Step 5 Check Steem wallet....

Step 6 Go to Blocktrades.us and initiate the trade, In this case, SBD to BTC.

Copy and paste your BTC address and click get deposit address

Step 7 Send any amount of SBD to "blocktrades" and use the "memo" generated

Step 8 Once SBD is sent to blocktrades provided you did use the right "memo" you will get this notification

Step 9 wait a few minutes then check your Bitcoin wallet.

I usually use BTS to make these Transfers but it is up to you
I hope this post was helpful.

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Comments

[joele]

Use your deposited address when withdrawing and everything will be smooth and fast.

[forrestwillie]

really? Its weird that that is not widely known

[joele]

I noticed this when I withdrew from difference address, it took me 2 days and another one took 4 days before they cleared it, the reason support told me that I don't have records of this address thus they need to verify.

[jimscope]

Thanks for sharing. You've made my day awesome. I've upvoted post @forrestwillie

[gunnimurali]

That is a great hint. Thanks. And here is my method "How To Exchange Steem / SBD To PayPal"
https://steemit.com/steem/@gunnimurali/how-to-exchange-steem-sbd-to-paypal

[bigbos]

Post look good
Hope you succeed in this steemit

[forrestwillie]

thanks likewise

[damla]

Hi @forrestwillie,
Thanks for the tip.
It is possible to transfer sbd/steem etc directly from polo via blocktrades.us imo.

[forrestwillie]

yes it is but I didn't want to recommend it because if something sending from exchange t exchange what do you have in the end?

[cyberblock]

Nice post! steem is a dream. A tripple steem miracle dream. A currency, social media platform and store of value! I'm all in...Steem on

[forrestwillie]

A tripple steem miracle dream, I be dat

[cyberblock]

ding ding ding lol

[chamviet]

very interligent