A lot of you are new and have questions about Steemit, STEEM, and SBD.
Principally: "how do I liquidate my Steemit earnings for spending?"
Well, firstly, I'd like to share this video with you and then explain what my favorite exchange is (currently) and why:
How To Trade STEEM DOLLARS For BITCOIN
Which Exchange To Use
I've done a pros and cons list of @changelly vs @blocktrades:
The primary con against @blocktrades was the exchange rate -- typically, you could get more going elsewhere.
But for the last week, they have had the best rates.
And with all the problems I've seen talked about Poloniex, the fact that @changelly partners with them has been a liability: extremely long exchange delays that @blocktrades hasn't had.
The speed that @blocktrades has is, frankly, remarkable. I traded some SBD this morning and as soon as the funds were sent on Steemit, I checked my Bitcoin address and saw that the transaction was pending verification. It was instant. Even at it's top speed, @changelly still took a few minutes to process the exchange and send the funds.
So my advice is to follow the step-by-step instruction I give in the video above, and use @blocktrades as your exchange.
Click the logo to visit BlockTrades
Or click here: https://blocktrades.us/