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RE: HOW TO: Convert Steem Dollars to Steem and then to more Steem Power if you want
Do you know exactly what to put in the TO: field during all transactions, when to leave it as your name (for example 'patricksbc' is what it automatically filled in there) and/or when to put a key in there when you want to transfer money out of your account?
Also, where should the money be when you are about to enter a deposit key in there to transfer out of your account?
I've spent about a month periodically researching these answers, reading through dozens of posts, still to no avail.
I lost money I think transfering from savings to steem dollars, and so on, trying to figure this out. Still haven't gotten one dime out of the Steem website.
Never put your key into a transfer field. It is asking for an address for a crypto wallet... which is provided by where you are trying to send it to. The address from there goes into the memo field of the transfer.
The account name should be the person you are sending it to. You should never put your keys into any field when transferring unless you are trying to give someone control of your account.
The address to use is provided by the person/place you send money to. Think of it as a bank routing number.
If you are transferring between accounts on steemit you can put the person you want to send to in the account field and the memo field is used in that case just to tell them a message that you wanted to say. Such as "Here is a tip".