Question: The process of converting SBD to USD?

in #steemit8 years ago

Hello Steemians, please forgive my ignorance, I just wanted to know the complete and detailed process of converting SBD to USD. I already have a bittrex account and have a successful test transfer of SBD, but I have problem in converting the SBD in bittrex to USD.

What will be the next step? Is it necessary to convert the SBD to Bitcoin before you can transfer it to USD? If not, can we transfer SBD from bitcoin directly to USD? If yes, what is the best platform/wallet to use. 

Hope you understand that I need to know the detailed steps in the process of claiming future earnings with steemit.


STEEM POWER

Im planning to deposit steempower by investing USD and I also wanted to know the process is the same with converting SBD to USD just the way around, or we can directly use a debit/credit card?


Sort:  

Just buy you some bitcoin and sell them for steem. its very easy all you have to do is sign up for a coinbase wallet buy some bitcoin from there. Then go to bittrex and trade the bitcoin for steem there magic...

Depending on your location and if you have a bank there are many options.
Circle or coinbase could deposit the money to your bank
Or you could goto Localbitcoins and get cash from someone in person.

If you wanna ask in live chat with other steemers join our group MinnowsUnite
https://gli.ph/g/mT205P/CbFybHevfa12pvgQqtZgt50coGG6ZTyxDzDyWSXQJ7s=

So if I have account on Circle or Coinbase, I can directly transfer my SBD in bittrex directly to it? Or I still need to convert my SBD to Bitcoin?