New users are joining Steemit everyday. In beginning they are bombarded with different type of crypto terminologies and overall functioning of Steemit. It takes a little time to grasp everything with time. For every new user, who don't have much knowledge of crpytocurrencies this guide can elaborate detailed steps to buy or exchange STEEM for using it on Steemit.
First you have to buy Bitcoin and fastest way to buy Bitcoin is from LocalBitcoins. This site offers great escrow feature to secure your payments. You can find different sellers according to your geographical location and buy Bitcoin at feasible price.
Now BLOCKTRADES will ease up all your task for you. Signup is optional on this site.
You just have to enter your 'Your receive address' and click on 'Get Deposit Address'. This site also show the conversion rate in real-time to give you idea, how much you will get.
Lastly, you just have to deposit Bitcoin you purchased from LocalBitcoin to automatically generated address and you will soon get Steem or Steem Dollars in your account.
There many more benefits of using BLOCKTRADES like you can buy Steem at best competitive market price. There is no hassle of volume lot exchange as compared to different exchanges because everything is automatically calculated in very precise way.
If you are satisfied with services of BLOCKTRADES then you can also vote for him as your witness @blocktrades.
Image credits: blocktrades.us
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The @OriginalWorks bot has determined this post by @bluemist to be original material and upvoted it!
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very cool
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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
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This post has received a 6.05 % upvote from @booster thanks to: @bluemist.
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thx for ur up vote!
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You are always welcome :)
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Helpful post
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I am glad it was helpful for you
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