I had been blogging for a while, in my personal website and linkedin. A week ago, I was introduced into steemit by @maverickfoo . I want to thank him for sharing about this awesome platform that allows me to have side incomes and do blogs about things that I do.
Today, I cash out my first 4 posts of steemit blogs with a worth of 10 SBD to Ethereum to RM.
The whole process was simple and easy, and it took me less than 10 minutes for a transaction. In this post, I will mainly talk about using Ethereum as a medium.
Create a Ethereum Wallet with Reminato
Use my affliate link so that I can get extra cash 😁
You can do that with bitcoin also. (Personally, I am not a fan of bitcoin due to the high transaction fee)
trade SteemDollar to Ethereum
In Wallet
, click SteemDollar
> Sell
The page will redirect you to BlockTrades
Choose Ethereum
or any cryptocurrency that you want, and paste the ethereum wallet address.
Then, they will generate a memo for you to Copy and Paste into memo for transferring your steemdollar to @blocktrades
Wait for a few minutes, then your Remitano Ethereum Wallet will receive ether.
trade Ethereum to RM
With Reminato, selling your ether is so much easier. The concept is that Reminato act as the middle man to ensure that both parties that sell and buy cryptocurrency are protected.
Once a transaction started, the seller will send ether to Reminato, and Reminato will freeze them to ensure that the seller will not able to take back the ether. Then, the buyer bank in to the seller bank account. The seller then acknowledge to Reminato when the payment is received.
You can read more about it at REMITANO | An alternative to LUNO or LOCALBITCOINS written by @bitrocker2020 .
About Me
I am Lai Weng Han (Johnson), you can find me on Twitter.