Hello steemit,
in this tutorial I want to show how easy it is to withdraw SBD (Steem Dollar) from POLONIEX exchange to you STEEMIT account. The process is similar to the withdrawing of STEEM as shown in my last tutorial.
I strongly recommend to withdraw all funds invested in the PermaCryptoFolio experiment from Cryptocurrency exchanges to avoid loss in case of a hack of the exchange.
The screenshots are taken from the FLIPPER portfolio, which is traded on Poloniex exchange.
Next week I will continue this tutorial series, because there are still a lot of funds on Poloniex I need to draw out into my own wallets.
Log into Poloniex
First of all, log into your poloniex account and click "BALANCES" in the menu bar and than "DEPOSITS & WITHDRAWALS".
Search the coin to withdraw
This webpage opens. I recommend to click the "Hide 0 Balances" checkbox, to see all your assets. Search for SBD (the shortcut for Steem Backed Dollar) and click the "Withdraw" link on the right side of the page.
Define target account, a memo and the number of Steem Dollar to be transfered
Some input fields become visible now. File into the "Address" inputbox your steemit account name (in this example it is permacryptofolio). In the "Memo" field you can put any string you want. Important is also the Amount field, where you need to enter the number of Steem Dollar you want to transfer. If you want to transfer all Steem Dollar you can simply click the number of steem on the left side behind "You have .... SBD".
Finally click the "WITHDRAW" button.
2FA
If you have 2FA enabled for your poloniex account, you first need to authorize the withdraw by entering your 2FA code. This step is not shown here.
Confirmation Mail
You now receive an email from Poloniex.
If you click the link inside the Mail, the following webpage will be opened in your browser and the withdraw will be started.
Wait
Now wait some minutes until the Poloniex Withdrawal History shows your transfer.
You are done
Check in your steemit account under wallet if the funds have arrived. We see that the Steem Dollar have arrived their new home.
