Hi everyone ! In this artice , I’ll be talking about the easiest and the most reliable way to buy steem,steem power, and steem dollar(SBD) using BlockTrades.
Blocktrades.us is a cryptocurrency exchange. It provides a fast and direct way of trading steem and steem dollar for popular cryptocurrencies and other altcoins.
I will first guide you step by step for using Blocktrades
STEPS: HOW TO USE BLOCKTRADE
1.)Here is the URL to use:
https://blocktrades.us/
2.)Login is optional
Just click on sighnup,make your user name and password and click the sign Up button.You will receive a confirmation email,along with the activation link for your account.
3.)Look at the Main window
Here is the view of the main exchange window.It is really very simple.
4.)Select the currency you wish to convert from
In my case it was Litecoin which I wanted to convert to steem dollars. I converted small amount of litecoin for SBD.
5.)Select the currency you want to convert that into.
I converted Litecoin into Steem dollar(SBD) but you can choose whatever you want as long as they list it eg.Bitshare,bitcoin,dogecoin,monero etc.
6.) Check the Exchange Rates and Deposit limit
If the exchange rate is upto your liking and the deposit limit is enough for your transaction go to next step:
7.)Enter your Receiving Address
Enter your steem Address to receive steem dollars. You can anytime generate new receiving address.
For my case I generated litecoin receiving address.
8.)Click on “Get a new Deposit Address”.
You can see address/QR code appear at the bottom of the page.
Send your currency to this address by using the alphanumeric address or the QR code.
9.) After few Minutes Confirmation of the transaction will be completed.
10.)Check Your steem account wallet(SBD should be there)
In my case I sent Litecoin and within a few minutes transaction was complete.Not long after this the Steem Dollar were in my steem wallet.
MY REVIEW FOR BLOCKTRADE:
a)very simple interface with no login necessary
b)Better exchanges rates overall
c)Less complicated to calculate your costs.
d)Allows direct purchase of steem and steem dollars and also steem power
e) deposit and purchase limits are bigger
f)very fast transaction
Thus,I can all say that,For anyone who wants to buy and sell fats without having to pay a higher average rate there really is no better place to use than Blocktrades.Definitely give Blocktrade a try if you haven’t used it so far-you wont regret.
Thank you for reading my article.
@rohitfrederick