Absolutely AMAZING article. One of the most informative about crypto that I've ever read. In fact, I'm going to have to reread this article several times and then bookmark it to use it as a form of reference.
I'm very inexperienced with crypto, as I'm still struggling with the best way to actually turn my Steem into US Dollars that I can spend.
So far, I've opened accounts at Bittrex and Coinbase, but have absolutely no idea how to use them to withdraw.
Maybe you've got some advice about that?
Hello! To "cash out" whichever crypto you possess (say Steem), just exchange it with one of the big currencies such as Bitcoin, and use an exchange where you can play with Fiat money (Kraken) to withdraw it. Hope it helps!
Thanks! I actually read an article on here that shows you how to do it by exchanging your Steem for Bitcoin using Bittrex, then transferring your Bitcoin to Coinbase where you can then withdraw it to your bank account. Do you think that's viable?
Yes it's the same logic - the main thing is to have an account where USD/BTC is easy to manage to ramp in and out of the whole crypto circus :D