CHANGELLY
Today I am going to introduce about an excellent exchanger where you can convert your STEEM directly to BITCOIN and other crytocurrecies. Why I am saying this as excellent exchanger ?? There are many good and big exchanger like Bittrex, then what is the need to introduce this one ? What exactly the benefit or in other words how economical it would be from the consideration of exchange fees ?
See there are two conventional ways most of the steemians are going through to convert their STEEM to BITCOIN or any other Cryptos, one is BLOCKTRADE and other is BITTREX. But if you go through BLOCKTRADE then you have to pay an exchange fees of 5 usd or so and similarly if you go by BITTREX there will be exchange fees of 0.001 BTC or roughly 4.2 usd at the moment for withdrawl of the converted BTC to your own wallet .
So here I am talking about an exchanger different from these two and do not charge those hefty 5 usd for the conversion to BTC. The Exchanger name is CHANGELLY . And their conversion fees are extremely low (only 0.5%)and you can check it out and experience what I am saying.
Here I am giving step by step guide to exchange your STEEM to BITCOIN or other cryptos through CHANGELLY :-
(1) To join CHANGELLY CLICK here.
(2) Complete the sign up . You can sign up through Google or Facebook or Twitter account or simply by an E-mail.
(3) Now once sign up is completed, go to your account, select the exchange – select STEEM as "you have" select BTC as "you get", you can also select other cryptos if you wish to. Other cryptos you can exchange with changelly are ETH, XMR, DASH, ZEC, XRP, ETC .
(4) Then put the amount you wish to exchange and then click on “Exchange”. It will navigate you to the next page where you can clearly see the amount of BTC you are getting. Now see the exchange fees, they are taking as 0.5% only which I consider as extremely low compared to other exchangers and particularly for cases where people wish to exchange small amount.
(5) Then click on “Next” where in the next page it will ask you to put your BTC wallet address.
(6) After putting the wallet address click on “Next” which will take you to next page where you can check all the details again before final confirmation and payment. So once you find everything you put is OKAY, then simply click on “Confirm & Make Payment”.
(7) Now you have to send the payment of STEEM from your steemit account to CHANGELLY, In this page you can see one memo also which is very very important. You have to note this memo and you can then go to steemit account to make the payment as per the given details in this page.
(8) Then go to your steemit account and then go to wallet, there initiate the transfer of your STEEM to CAHNGELLY. Do remember that when you put the name of "changelly" on “To” then do no include”@”, simply type changelly and then select the amount and then put the “MEMO” as mentioned in Step : 7. Once you put everything then click on “SUBMIT” to transfer STEEM to CHANGELLY.
Once you send the amount, You can expect your BTC in your wallet within next 30 mins or so. I think this is the best ever exchange so far for me and particularly for those who are making small transaction with exchanger. Very very economical in deed.
For INDIANS, CHANGELLY as an exchanger will be even more handy, this is because you can transfer STEEM to CHANGELLY and in BTC Address, you put your ZEBPAY BTC Wallet Address, so once you get the BTC in ZEBPAY account, then you can directly withdraw and get it to your Bank Account, if you wish to.
I hope this article will be quite helpful for those who are looking for an exchange from STEEM to BTC or any other Cryptos particularly for small amount, so as to get rid of heavy exchange fees.
That's all for today. For any query relevant to the subject matter of the article, you can put in the Comment section, I will try my best to answer.
Thank You & Have a Great Day
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This article is great thanks for sharing it. He invited you to follow me. I'll follow you back.
Thank you.
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Thanks for the recomendation! I'm always looking for low fees and this looks very user friendly. I used to use shapeshift a lot and do my trading on BitTrex. I'll be using this from now on when simply converting one cryptocurrency to another.
Thanks again! <3
Exactly, Thank you so much for joining here...
Thanks @shivohum2015 ... we keep on Steeming ;)
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Wow did not know blocktrade had that kind of fee to exchange from steem to bitcoin. But is that a $5 flat fee? If so a lot f whales and witnesses would be exchanging on blocktrades.
Thats not a flat fee, but they keep on charging this much as minimum even if u exchange for 30 usd, or 20 usd or 10 usd worth BTC, so its better to look for this alternative.
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