HowTo Guide : How to get the most value out of your Steemit content.

Lately , the price of SBD on Bittrex is above 10 dollar.

And this is a huge thing for steemit content creators. My wifey @fernwehninja is a good example to make the most out of this opportunity.

Since payouts , are still build up the same. ( When using 50/50 payouts ) You still get the same amount of SBD as before, (The value of Bittrex doesn't show here) But the actual value of a SBD is 10 dollar now in Bittrex , and this has the potential to turn a 2 dollar post into a 10+ dollar post .

Use this to grow your account faster

A great way to use this to your advantage , and a very good way to grow your reputation and voting power rapidly.

So How to do this ?

Well , i will show you in a few steps , on how to make use of this while the price is still high . All you need for this is a Bittrex account. And send the sbd from your Steemit wallet , to your SteemDollar wallet on Bittrex.

If you don't have a Bittrex account , you can create one here .

https://bittrex.com/

After you created your account on Bittrex , you need to get the information (Memo) , that you will have to use , to make sure it will be send to the correct account.

To do this , login to your Bittrex account .

Then click on wallets , near the right top corner. ( When using a phone , it can be shown as a bitcoin logo )

Now in the right top corner , you will find a search bar. Fill in sbd there like shown on the image below.

When filled in , your page should be looking like the image below. And please make sure , that the Hide 0 balances , is unmarked.

Press on the blue + icon , ( + is deposit , - is withdrawal ) and the following screen should appear.

The Memo , is like your Bitcoin wallet address.

Steemit , Bittrex and other exchanges use this , to correspond to and from the correct account. SO DO NOT USE THE ADDRESS SHOWN ON THE IMAGE!!

Each wallet , has a different Memo. Both your Bittrex and Steemit wallet .

Copy or write down the Memo , shown on your Bittrex account. Because we will need this at the following steps.

Now go to your Steemit wallet , click on the amount of steemdollar , and a dropdown menu will come up like shown in the image below.

In the following screen , you need to type/paste the Memo address you just copied from your Bittrex SteemDollar wallet . The receiver , and the amount of sbd , you want to send. Double check if everything is correct.

After 10 minutes after you have send the Sbd to your Bittrex account , they should show up on your pending deposits or might already be in your wallet , since transfers are going pretty fast. From this point point you can sell it , and buy any crypto you want , or maybe even keep it in your wallet , and wait for it to go higher!

In my following post i will explain how to sell your sbd , and after that , you can trade it for any crypto you want .

I hope this post was helpful for you , and if you have any questions please leave a comment.

If you don't want to wait for my next post on how to get more value on your content. You can watch this video , to learn how to buy and sell crypto currencies on Bittrex.

This video is from another Steemit user @jerrybanfield

He has a lot of useful to content , to help you gain traction on creating more value on your Steemit account.

You can get 10x + the value out that is shown on your Steemit content.

I sold my 0.22 dollar Steemit post plus some other leftovers , for 5+ dollar on bittrex ;)

So go make the best out of your content!

Image source : https://steemit.com/steemit/@stephen.king989/drawing-the-new-steemit-logo-with-inkscape-free-graphics-to-use-for-your-blog