How to buy Bitcoin, Ethereum and Litecoin at Fair Mkt value and easily trade it for Steem (via credit card, bank withdrawl, wire transfer and cash)
The easiest way to buy Bitcoin, Ethereum and Litecoin would be through one of the popular Bitcoin exchanges that also supply with an online wallet (not secure long term, but it won't be there long as you will be sending it to steemit for steem power or to your own offline wallet program / device).
Buy Bitcoin, Ethereum and Litecoin through Coinbase and just for buying or selling your first $100.00 in Crypto Currency you will automatically receive $10.00 FREE Bitcoin.
The most convenient and one of the cheapest ways to buy Bitcoin, Ethereum and Litecoin would be Coinbase (if it’s available in your country):
- Open a Coinbase account
- Add your payment method (Credit card or bank account)
- Go to “Buy/Sell” and select the amount of Crypto Currency you desire
check the current mkt price here: CryptoCurrency Market Capitalizations - Click “Buy” and there you go. (Most Credit / Debit Card transaction are immediate)
Coinbase will sell you Crypto Currency for a fee of usually 1.49%-3.99% depending on your payment method (credit cards have a higher fee than wire transfers).
Coinbase is a double security login, so every time you login a security will be sent to your phone. Enter your password and security and your in. Once you have your Crypto Currency, go to your Steemit account / wallet / buy steem and there you will get your send address for your account (user name). Just copy and paste the send destination code into your Coinbase, select the amour you want to send (most will use "send max") and your Crypto Currency will be sent, automatically converted to steem and added to your account.
Here is a video example on how easy it is to transfer to Steemit (your blockchain Wallet)
steemit.com is an awesome Platform built upon the "Blockchain-Technology" so when you hear "Blockchain" think "steemit".
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Of course the only good coin icon showing, in the picture, is Steemit. Augur is only for speculation trading on the volatility now. No value behind it yet(hasn't released yet(Beta is not release)).
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Right on, it was just an attention getter anyway. It is also not possible to use Coinbase worldwide.
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Good post-Eliyahu, I was just thinking how to do this today? Very helpful article, thanks!
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Thank you kind Sir, I appreciate the kind words :)
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