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RE: HOW TO CONVERT SBD/STEEM TO NAIRA (DIRECTLY TO YOUR BANK ACCOUNT)
Yes, that is true. Here in Mexico, the options available with the major two exchanges (bitso and volabit) is Bitcoin
and Etherum. Since that is the two options also supported by @blocktrades. As times passes more exchange in certain countries will support more similar cryptocurrencies as blocktrades (bitshares, etherum, litecoin, dogecoin and dash).