As of a few hours ago, @blocktrades has re-enabled Bitcoin <-> SteemUSD conversions.

If you were holding on to bitcoin (or #ethereum, or any other cryptocurrency) and would like to set some profits aside, you should be looking at SteemUSD.

Best Interest Rate in Town

As banks worldwide struggle to offer interest rates for deposits (consider yourself lucky if you get even a measly 1% on a USD deposit), securing your funds on the steem blockchain becomes even more attractive.

Where else will you be paid 10% interest anually?

The Magic of Compound Interest

10% is a pretty good rate.

If you were to set aside $1000 as starting capital, and every month for ten years invest $500, you would have $103k by the end of it, $60k of it from interest alone.

Don't believe the numbers? See for yourself!

Conclusions

If you believe in the continued success of the steemit platform, you could do worse than profiting 10% per year ,USD-denominated, simply for parking your funds on steemit.

You will find no better deal anywhere else.

To convert your cryptocurrency to SteemUSD, simply visit the blocktrades website, after having converted your cryptocurrency to Bitcoin.

Once there, follow the easy instructions: select Bitcoin, Steem Dollar, pay attention to the maximum suggested deposit, enter your steemit account name, and finally send your bitcoin to the address that was generated for you.

It could not be simpler!