Whats the best method for cashing out some SBD in Australia. 100% upvote for best answer

in #competition • 7 years ago

Hello @teamaustalia I was wondering what the most efficient way is to turn SBD into Aussie Dollars.
QVCDXhGX2wZXozAqUtMvGxXBEcSFfRXds7JtPCQhS24.jpg
This will be me my first time ever withdrawing a little SBD and I am unfamiliar with the best way to go from SBD to money in my Commonwealth Bank account. I want to get the best deal that I can obviously by avoiding high conversion fees. Sucks that I need to cash out a little with the recent unrelenting price drops. Hopefully the price comes back up a bit before rent is due (Friday)
Instagram-653c1a.png

I will be giving 100% upvotes to the best answer

#teamaustralia #sbd #steem #money
7 years ago in #competition by
$1.67
  • Past Payouts $1.67, 0.00 TRX
  • - Author $1.50, 0.00 TRX
  • - Curators $0.17, 0.00 TRX
14 votes
Reply 4
Sort:  
  • Trending
    • [-]
     7 years ago 

    First send your SBD to bittrex.
    Then SBD->LTC
    Then LTC->AUD in market.
    And then send AUD from market to your bank account as AUD. The easiest way.

    $0.21
    • Past Payouts $0.21, 0.00 TRX
    • - Author $0.18, 0.00 TRX
    • - Curators $0.04, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago (edited)

    The best I've seen is a 2-step process using livingroomofsatoshi.com and blocktrades.us

    • Setup the payment using livingroom, and choose the crypto you want to use (livingroom isn't accepting steem for the moment, or it would be a 1-stepper).
    • Once you've got that done, you will need to transfer whatever the crypto is (I've been using Litecoin) to the wallet specified. Leave that window open, and open a new one to blocktrades.us
    • on blocktrades specify the Steem Dolloars to convert, and choose the crypto you're converting to (Litecon etc..), and the amount.
    • Enter the receive address, being the one on livingroom, and follow the transfer instructions..

    Once completed, the livingroom tab will show successful transfer (it may take a few minutes of nervous waiting), and the money should get into you account within a day or two.

    $0.20
    • Past Payouts $0.20, 0.00 TRX
    • - Author $0.15, 0.00 TRX
    • - Curators $0.05, 0.00 TRX
    1 vote
    Reply
    [-]
     7 years ago 

    SBD from Steemit to Bittrex
    SBD to ETH at Bittrex
    ETH from Bittrex to BTC Markets
    Withdraw ETH to AUD at BTC Markets

    $0.20
    • Past Payouts $0.20, 0.00 TRX
    • - Author $0.15, 0.00 TRX
    • - Curators $0.05, 0.00 TRX
    1 vote
    Reply
    [-]
     7 years ago 

    I don't have a good answer, but I'm glad you asked, so I don't have to!

    $0.00
      Reply