WHAT IS FIASTEEM!!!

in cryptocurrency •  6 years ago 

FiaSteem is a peer to peer trading system for steem or sbd against Fiat. It is established by @ticktok, @amar18 and @Mikeasisano You have the power to set your price for either to sell or buy, also you are opportuned to talk to trade partner before closing the deal.

FiaSteem has two modes and they are:

  • BUYER MODE

  • SELLER MODE

  • BUYER MODE: You get this listed menus after registering on this platform.

  1. Wallet: Here you will be able to view your wallet history in terms of deposits, steem or sbd withdrawals with their
    memo. With just a click on the withdrawal button, you can withdraw from your steem account or include a memo
    incase of an external transaction.

  2. Trade: You are open to 5 distincts options which are ; Buy SBD , Sell Steem Buy Steem , Sell SBD and Create an
    Offer. Any of this can be can be traded on the platform.

  3. My profile: This is your account page on the platform where your details are been displayed.

  • SELLER MODE:
    As a seller, coins can be deposited through steemconnect or manual transfer using the memo located in your wallet. If it is an instant transaction, you will be redirected to a page where you can select your preferred payment getaway and currency. You have the power to select the buyer you want. Disputed trade may hamper reputation on the platform.

Benefits of using FiaSteem:

  • A buyer has the option to cancel a trade at anytime.
  • Until your payment is confirmed by the seller you cannot click on 'i paid' or else you may get banned for coin locking as a buyer.
  • Being able to convert Steem to Fiat currency without having to convert it to bitcoin or some other cryptocurrency.
  • FiaSteem token can be traded in bitshares for bts.

Reference

Join their discord channel

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Hi @ifeoluwa88, I'm @checky ! While checking the mentions made in this post I noticed that @ticktok and @mikeasisano don't exist on Steem. Did you mean to write @toktok ?

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