I joined the cryptocurrency space in mid 2017, to be precise late June of that year. It has taken me time to learn a lot in the cryptocurrency space.
I have to admit that the biggest challenge I faced when starting out was how to convert Steem to real Ugandan currency.
In Africa here the first and far most question most folks ask when I do tell them about crypto is this
How do I convert that cryptocurrency/digital money of your to real Ugandan currency??
I was the first person to join the crypto space among my peers so I had to figure out all the ways I could answer that question above.
It was around September 2017 that I discovered Changelly and I loved using it until they disabled Steem from their exchange(which I guess will be enabled).
Let me show you my first transaction on Changelly in September 2017!
The rates were really good compared to the other exchanges I had discovered and read about! The process of turning Steem into Ugandan Currency is two way!
I first have to convert Steem into Bitcoin and then convert Bitcoin into Uganda shillings using another local exchange.
So What is Changelly?
Changelly is a quick crypto exchange that enables you to exchange crypto fast and also buy cryptos like Bitcoin ,Ethereum for USD and EUR.
Let me quote below from the website
Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy Bitcoin, Ethereum, Bitcoin Cash for USD and EUR. The service provides the best crypto-to-crypto rates and supports over 130 cryptocurrencies available for exchange.
How Does Changelly Work?
1.Choose Crpytos
You just choose the currency you want to convert from(obviously after signing in) and then choose the currency you want to convert to.
2.Enter address
You now enter the recipients address as shown below.In this case I enter the Tron address
3.Check details
You now check and confirm the details of the transaction
4.Send your funds
I now send the funds to the address provided by Changelly.
5.Wait for exchange.
After you have sent the funds to the provided address, you just wait for the funds on your recipient address and that is how easy it is!
This image below shows the summary of this whole process from start to finish
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Changelly affiliate program
I really love referrals or commissions and Changelly too knows the power of community. Changelly offers a great affiliate program whereby you earn 50% of the revenue Changelly makes from that user, how awesome!
It is at this point that I give you my affiliate link so that you sign up f you do not have an account yet with Changelly.
For more reading ypu can check out these links below
Steemit
Twitter
Medium
Facebook
The information contained here shall not be used as a guide in your next crypto trade. The writer is not a financial advisor but a crypto trader just like you. Information presented in this blog is for educational use only.