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RE: How-To/Walkthrough/Tutorial: Turn Steemit Rewards into "real money"

in #steemit6 years ago

While it is a helpful guide. There are just to many hops in this scenario.
What is needed is one transfer to a Crypto-Bank from your wallet and then a Bank to Bank transfer to your Local Fiat Bank to pay your bills.
2 Hops Total.
I have signed up for an account with Bitwala.com, the Mexican site Bitso.com was mentioned here and there is also a Nigerian site called nairaex.com
These might just be the solution we are looking for. Depending were you live on the Planet. And who you trust with your Crypto Coins.
So agreed everybody should have an Exit Strategy, but with as less hops as possible. To stop the skimming that will always takes place with to many Crypto Transfers.