When the time comes I can help you. You want advise from another Canadian.
I used Changelly to convert Steem to Bitcoin ... and created a Wallet Here to transfer the Bitcoin to -- www.bitgo.com/instant
... and opened an account here to deposit the bitcoins to my Canadian bank account.
https://www.canadianbitcoins.com/
The only downside is that you need to deposit a minimum of 0.2 bitcoins, which is $228 Canadian right now.
It took me a long time to research my best and least complicated options.
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OK so you also needed to open an account at. - www.bitgo.com/instant to change your bitcoins into Canadian currency ? And at that time does it automatically go into your bank account ? And I'm thinking it cost alot , so I have heard ,to use changelly ?! I'm just worried about somehow loosing all my money ! Lol ! Thanks a bunch for all the info ! Happy Holidays !🎄👍😆🎄
Bitgo is a Bitcoin Wallet. You could probably use any bitcoin wallet out there.
Steem must be converted to Bitcoin and then converted to your local currency.
The Wallet at Bitgo is where you tell Changelly to send your Bitcoin that they just bought with the Steem you sent them.
I forgot to post the link for the other account to open ... sorry ... this one I had to research for a long time to figure out the best option ...
https://www.canadianbitcoins.com/
Canadian Bitcoins will take the bitcoins out of your wallet, convert it to Canadian dollars and direct deposit it to your Canadian Bank account.
I will go edit my original post. Sorry for the confusion.
OMG! This sounds very confusing and difficult ! Thanks for the info!🙃
I did it 3 times before the price of Steem fell. Now I power up instead.
The money went through to my bank each time. I was worried too at first but it works.
That's great it's very encouraging and good to know ! I always 100 percent power up everything I get in steem! It's my future house / retirement fund ! I may need more help when I do decide to take some out ! Thanks for everything ! It's great advise from a fellow Canadian! 🇨🇦