One of the vital aspects in the Crypto space is the ability to exchange crypto into fiat (a process that is often termed as “Cashing out”). Crypto users need a quick and convenient means of exchange. I remember back in the days when I had just started blogging on Steemit, I had no idea of how to withdraw my earned steem. It was a very puzzling moment for me as I had to heavily rely on other old steemians for help in executing withdraws for me. They always charged me some fees for helping me out in the withdraw process.

Newbies need to be enlightened on the various user-friendly steem exchange tools in order to always run withdraws independently for security purposes and also avoid being taken advantage of by some other forks for their lack of knowledge on how the withdraw algorithm works out.

I want to take off this moment and share with you an amazing and easy to use steem tool called Steemscan. What is Steemscan? This is a steem exchange tool built on the steem blockchain. It is used in converting steem into other cryptocurrencies such as USDT, BTC, TRX. Steemscan was developed by @futureshock and @roadofrich. It is a user-friendly tool that can easily be understood by even a first time user. The other beauty about the steem scan tool is that it requires no KYC for someone to use it.

Let’s take a look at some of its Features

Screenshot: Steemscan.com

Witnesses

You can vote for witnesses easily on its interface. You simply head over to the witness feature, you find a long list of the various witnesses with their information. You can cast your vote on any of them in a very seamless way.

Screenshot: Steemscan.com

Dapps

The platform has a collection of various steem dapps sites which enables a steem user to locate them quickly and use them as desired. Coming soon will be a display of the statistics of their users, and transactions running on each app.

Screenshot: Steemscan.com

Latest transactions

With steemscan, you can be able to see the various latest transactions happening on the steem chain including Voting, comments

How to use Steemscan exchange

• Simply enter the amount of steem you want to exchange.
• Choose your desired Crypto you want to convert your crypto such as USDT, BTC or TRX
• Enter the withdraw address to which you want your converted crypto to be sent to.
• Click create order
• Confirm the transaction by entering your active key in the steem login prompt.

Note that; When making small steem transactions, it’s advisable to convert it to TRX than BTC and USDT because of the relatively higher fixed fees charged on the later cryptocurrencies.

Achievement 5 Part 2 task – Review Steemscan
Create a blog post about your understanding of Steemscan. Focus on the definition, features, and how to use it. Tag me @yohan2on in your post so that I may find your post.

Here are some Sample posts for research about Steemscan
Exchange steem into tron or Btc without Kyc by @achim03

Fast and easy to use exchange to convert steem by @futureshock