Steemit Crypto Academy Contest / S7W1 - Practical Guide on the best way to buy STEEM in Pakistan

in hive-108451 •  2 years ago  (edited)

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Assalam-o-Alaikum !السلام عليكم

I am very much happy that i am first time going to write about the steem token trend in pakistan. steem community in pakistan increasing day by day but there are many effort need to aware pakistani people about the steem token.

i started promotion campaign when i was country representative of pakistan and i taught many people about steemit and now we are going to start seminar and different function to promote the steemit but my this post is to take particiapte in the Steemit Crypto Academy Contest Season 7 Week 1 - Prepare a step-by-step Guide for at least one way to buy STEEM in your Country

i tried my best to bring real information about the theme of content. thank you very much steemit crypto academy for giving me this opportunity to write latest trend of the steemit in pakistan.

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What is the level of crypto adoption in your country and how popular is the Steem token?


Cryptocurrency has seen a growing trend in Pakistan in recent years, with an increasing number of people investing in digital currencies such as Bitcoin and Ethereum. However, the use of cryptocurrency is still not widely accepted in the country, and the government has yet to establish clear regulations for their use. Despite this, the community of people interested in cryptocurrency in Pakistan is growing and becoming more active.

there is mix trend of thoughts about the crypto adoption in pakistan. Some people see it as a valuable investment opportunity and a way to protect their wealth from inflation. Others view it as a speculative and risky investment, and are skeptical of its use as a currency.

Additionally, there is still a lack of awareness and understanding about cryptocurrency among the general population in Pakistan. However, in recent years the government of Pakistan has taken notice of crypto-currencies and have formed a task force to regulate crypto-currencies in the country.

In Pakistan, the crypto community is still relatively small and not as well-established as in other countries, so the awareness of specific tokens like Steem may be limited.

However, as the crypto industry continues to grow in Pakistan, it's likely that awareness of Steem and other cryptocurrencies will also increase.

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Highlight various ways users in your country utilize to buy crypto assets.


There are a few different ways that people in Pakistan can buy cryptocurrency. One of the most common methods is through a cryptocurrency exchange.

These are online platforms that allow users to buy and sell cryptocurrencies using fiat money or other digital currencies. Some popular exchanges that offer service to Pakistan include local exchanges like Urdubit, Pakcoin, Bitex and global exchanges like Binance, Huobi and Coinbase.

Another way to buy cryptocurrency in Pakistan is through peer-to-peer marketplaces, where individuals can buy and sell cryptocurrencies directly with one another.

These marketplaces, such as LocalBitcoins, Paxful and Bisq, can be a good option for people who want to avoid the fees associated with exchanges.

It's worth noting that, buying and selling cryptocurrencies in Pakistan is not fully regulated yet and the government has not issued any official statement about it, thus it's important to be cautious and do your own research before making any transaction.

Also, as a general practice, it's important to use a wallet that you control the private keys, and never share your private keys with anyone.

It is true that In Pakistan, as the regulations are not yet fully in place for buying and selling cryptocurrencies. it's important to be cautious and do your own research before making any transactions.

It's also important to use a wallet that you control the private keys, and never share your private keys with anyone. people of pakistan has very much fear to keep cryptocurrency in centerlized exchange.

But it is also true that there is no other ways to buy crypto in pakistan and buying crypto through a reputable cryptocurrency exchange is considered to be one of the safer options, as these exchanges have implemented measures to protect user's assets such as two-factor authentication, cold storage, and other security features.

one of the best and safe option in pakistan that majority of the pakistani use , is buying crypto from peer-to-peer marketplaces, where individuals can buy and sell cryptocurrencies directly with one another, in P2P way ,

we can pay our pakistan currency to buy crypto token but binance exchange is one of the most use method to buy and sell crypto currency. but it's important to be cautious, check the reputation of the seller, and use an escrow service for the transaction if possible.

many pakistan do not know about buying and selling crypto but those people who has information about this currency they always deal with secure way to buy crypto but for new user of crypto It's also important to note that buying crypto from an individual or an unregistered entity can be risky, so it's important to always verify the authenticity of the seller or platform before making a transaction.

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How would you rate the ease of purchasing Steem tokens in your country? Highlight the difficulties in buying Steem in your country, if any.


In Pakistan, the crypto industry is still relatively small, and the number of platforms that support the purchase of Steem is limited. However, with the increasing interest in cryptocurrency in Pakistan, it's likely that more platforms will start to offer the option to buy Steem in the future.

I cannot provide a specific rating of the ease of purchasing Steem tokens in Pakistan, but based on the limited crypto infrastructure in the country, it may be more difficult than in other countries with more developed crypto market.

Steem is not as widely available as other cryptocurrencies in Pakistan and may not be supported by as many exchanges or platforms. This can make it harder for people in Pakistan to find a reliable and reputable place to buy Steem.

As the government of Pakistan has not yet established clear regulations for the use and trading of cryptocurrencies, it can be difficult for people in Pakistan to know which platforms and exchanges are legitimate and safe to use.

The crypto industry in Pakistan is still relatively small, and the infrastructure for buying and selling cryptocurrencies is not as well-developed as in other countries. This can make it harder for people in Pakistan to buy Steem and other cryptocurrencies.

Steem price fluctuates like other cryptocurrencies, and the volatility of the market can make it difficult for people in Pakistan to predict the future value of Steem and make informed investment decisions.

The awareness of Steem and other cryptocurrencies is still relatively low in Pakistan, and many people may not be familiar with how to buy and sell Steem.

the difficulties in buying Steem in Pakistan are primarily due to the lack of regulations, limited infrastructure and awareness, and the volatility of the market. As the crypto industry continues to grow in Pakistan and regulations are put in place, it's likely that these difficulties will be reduced.

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What's your opinion on the future of the Steem token? And what method of buying Steem would you like to be made available in your country?.


The future of the Steem token is Bright if the steem development team make best effort to in development, but bull bear market trend and it is also true that as with any cryptocurrency, and can be affected by a variety of factors such as market conditions, adoption and use case, competition and government regulations.

Steem is a blockchain-based platform and cryptocurrency that allows users to earn rewards for creating and curating content.

The platform has a large community of users and developers, and its underlying technology has the potential to be used in a variety of applications.

In the past, Steem has been quite popular among the crypto community, but its popularity has fluctuated over time.

The future success of the Steem token will depend on the continued development and adoption of the Steem blockchain and its ecosystem, as well as the overall performance of the cryptocurrency market.

It's worth noting that, Steemit, the most popular application build on Steem blockchain, has been through a lot of changes and controversies that have affected the overall performance of the token.

However, the development of the blockchain itself and the ecosystem is still ongoing and new projects are being built on it. so all project will play vital role to make the steem token best and popular in the future .

but as the tader of the crypto currency it very difficult to predict the future of the any token , and yes it is true that predicting the future of any crypto asset is difficult, but i have hope that future of the steem token is bright and bright

There are several methods that can be used to buy Steem in Pakistan. One option is to use a cryptocurrency exchange that supports the purchase of Steem with Pakistani rupees.

Another option is to use a peer-to-peer marketplace, such as LocalSteem, where users can buy and sell Steem directly with one another using Pakistani rupees.

Additionally, some individuals and businesses in Pakistan may also be willing to sell Steem directly for Pakistani rupees through social media or other online platforms.

It is always recommended to do due diligence and verify the authenticity of the seller or exchange before making any transaction.

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Prepare a guide on at least one of the ways to buy Steem in your country (Practical steps with screenshots required).


i always use Binance exchange to buy and sell steem so i would like to guide about this method . it is avaiable in pakistan .

Here is a step-by-step guide on how to buy Steem on Binance exchange in Pakistan:

Sign up for a Binance account by visiting the Binance website and clicking on "Sign uo with Phone or Email ". Provide the required personal information and verify your email address.

Step #1

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here is use choice ,he can register his account through phone or email but after filling the registration form, email verification is necessary to protect your account in all aspect

Step 2

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after verifying the email and phone then login to your Binance account .

Step 3

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Log in to your Binance account and click on the "Deposit" button in the top right corner. Select the Fiat Deposit and "Pakistani Rupee (PKR)" option and follow the instructions to deposit funds into your Binance account.

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Step 4

click on the deposit then select Fiat Deposit , select pakistan currency

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Deposit Fiat mean that pakistani can pay pakistani money to buy steem or any other crypto coin

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after selecting the currency then click on CONTINUE BUTTION

now add amount of the Pakistani currency and add select usdt ,,

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after placing order you will get Usdt and your spot account .. after depositing pakistan currency then click on wallet

and then search steem token

write steem in search area then click on trade, and then select steem/usdt pair becasue you bought usdt to buy steem

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in this step, you will place your order. in this way pakistani people can buy and sell steem with Fiat pakistani currency so hope my this instruction will be helpful for all of you.

Once your funds have been deposited, click on the "Exchange" button in the top left corner and select the "Fiat and spot " option.

In the search bar, type in "Steem" and select it from the list. Then click on Trade on select steem/usdt pair as showen in above screenshot

Enter the amount of Steem you wish to buy in the "Buy" section, or the amount of USDT you wish to spend You can also use the "Market" or "Limit" options to set the price at which you want to buy or sell.

Review the details of your trade and click on the "Buy Steem" button to complete the ORDER..

Please note that buying Steem through Binance or any other crypto exchange may have transaction fees and it's always recommended to check the fees, regulations and security measures of the exchange before making any transactions.

thank you very much SteemitCryptoAcademy for giving me this opportunity to share information about steem token in pakistan.

i would like to invite in this contest @jessica566 @prof.zailmustafa @tariqkhanpti

Regards
@yousafharoonkhan

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I really liked your post in this contest. Peer-to-Peer method has been one of the easy ways trader uses to trade crypto and that works for us in Nigeria since our government place a ban on crypto some years ago

My favorite way of buying crypto is through the Binance centralized exchange and you wrote even on how to get an account registered and easy way to buy Steem in Pakistan. I wish you the best.

Binance P2P payment method is one of the secure method and availble in pakistan.thank you so much for appreciation

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sir ap nay bhut achay tariqa say batya hai ka kistra hum steem buy kr saktay hain ap nay bhut tafsel say sub khuch lakha hai

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