And all of a sudden the brainwave was there. I NEEDED to send my Steem away to HIVE. I know this is late compared to most other people,but the girl has been busy and this wasn't a priority. Now with this fork from last week and peoples funds locked up this felt all wrong. It was time to make some moves. But n00b as I am....I had to look up the how and when. The normal exchanges that I would use (Blocktrades.us and Binance) had already reclined the deposits of Steem.
And even though my funds are just a fraction compared to most other people, it is still money and would suck if it would be lost in the process somewhere. So I asked around, and found some info. Now it time to share this with you!
A brief walkthrough!
Cryptobriefing
Step 1:
Make sure you have liquid Steem. You didn't powerdown as yet? Make that happen as a first step! Do this in your wallet
Step 2
Do you have a steem-engine already? If not...that was a bummer. Here the latest coins on the Steem chain were always the best place to stash on the eco system. No worries, hive-engine.com will take over this function, with the same way of working. Easy and user friendly and that is where you want your coins to end up.
Step 3
Make a deposit from Steem to your Steem-engine account by clicking this button.
You need to verify this with your key chain log in, and automatically liquid steem will be sent over from your normal account to your Steem-engine account. Steem-engine will take 1% service fee.
Step 4
Once the Steem has arrived in your account it will stand there as Steemp better known as Steem pegged. Now you want to exchange this to HIVEP better known as HIVE pegged.
Do this by going to the list of tokens and clicking on the HIVE token, and clicking on the 'token market' icon which is behind the token name. This will bring you in the exchange where you can change your steem pegged to HIVE pegged for the price you like.
Step 5
Once you have you HIVE pegged for a price from the market which you like your next step will be to get this out of the steem-engine to the liquid HIVE in your account.
You get here in the list of your tokens (which you should currently have because you have just transferred Steem to HIVE) and click on the 'send' button behind the token name.
Step 6
A pop up will come into your screen with the question where you want your tokens to.
Great post. Thanks!
No prob! I always like it when stuff like this is easy to be found so otters dont have to look.
Ofcourse other exchanges also work still like Huobi, but Im not using that one and wanten to keep it internally
Steem and Hive engines are the fastest way to convert between these two crypto. At least while it still maters as I believe that at some point those from HIVE might get rid of their Steem accounts powering down and just focusing on HIVE.
I believen that as well and thst was exactly the reason to do this. Being on the search yourself makes you write manuals hahaha
Cool, will follow this.