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RE: How to convert Steem/SBD to USD/Euro more efficiently

in #blocktrades7 years ago

Yes thanks @blocktrades
I have previously had transactions as you described this.
But that is a problem in transactions, when I send steem to bitcoin.com often late. Then the sender's side suffered a slight loss. Because at the time the transaction price has been adjusted. When the transaction process is slow, then the risk for the sender.
Thanks @blocktrades has given you new instructions.

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Yes, using a faster cryptocurrency like Litecoin or Ethereum will reduce the chance for a loss (or a gain) in the value of the intermediary currency. So the faster the transaction speed of the intermediary currency, the more predictability of the final amount of fiat obtained.