Hi friends, In my previous post I talk about payment issues using crypto Assets and how steem gives a solution for it.
As a common person, my needs are very limited, we don't want Gold, Cars, and luxury products using crypto. We want to recharge our mobiles, DTH, and many more.
The most important Common Needs For Each person are.
- Electricity and gas bills
- Phone bills
- Internet
- Rent
- Credit card bills
- Gym memberships
- Car insurance premiums
- Home insurance premiums
- Health insurance premiums
- Tax bills
All those needs, not full fill directly by crypto, for those we much exchange to USD, then p2p or exchange help we transfer to our local current then our account.
In this process, if we do any small mistake then we lose all our crypto. So need to exchange it carefully. For this, we need basic skills in trading.
I think a lot of steemians just now they starting learning those, not having basic skills to exchange their earnings to their local currency. That's why they keep those in a wallet or exit from this platform.
A lot of them also lost their earnings on doing the wrong process. By personally I am one of that person. I also lot of little bit of funds on doing a wrong transaction at starting. After learning g basic trading details now I doing correctly. For this, I took my friends to help.
But for new users don't know anything about it. So they lose their funds on doing wrong transactions.
If the steem platform provides mobile and DTH recharges in this platform it gives good to us. Here from an account to account transfer funds are very easy and ZERO Transaction fees also.
I am eagerly waiting for recharging your mobiles with Steem.
Hope soon it becomes True. I think for setup this is very easy because all most all recharge plans of all networks all most the same for more than 6 months. Here the price is fixed but steem value only gets change according to market.
It is very easy for new members also.
In the market, there is a lot of platforms available regarding our mobile and DTH with Crypto. But their transaction fee is high and not accepting all altcoins. Only accepting major stable coins only.
From this bitrefill is very popular.
Because it supporting nearly 170 countries, and all networks we can recharge here very easily.
Its the platform is looking mobile friendly too. Even we can buy all major Gifts also using crypto.
But we having limitations on this platform. It supports only 8 crypto currencies of BTC, LTC, USD, Doge, ETH, DASH, SAT, and EUR only. For the transaction, we need to pay an additional transaction cost according to our purchase. It's value $0.2 - $0.9,. This is another burden for us.
One more thing is it not supporting steem. If it supports steem as a payment option it is useful for us.
In India also slowly start their steps through MobiKwik Wallet — BuyUcoin
I took this picture from website.
After lifting the crypto ban Mobikwik entered into a partnership with BuyUcoin. From this new step is possible to buy and sell crypto very easily in India too. Using those we can full fill our necessary needs through MobiKwik very easily.
Because after exchange our crypto we store those in the Mobikwik wallet, then we use those for recharges of our mobile, DTH recharges, and many more we use those.
In India approximately 107 million users, with 3 million merchant users and 200+ million billers it having. It is very huge.
Here BuyUcoin acts as an exchanger for exchange crypto to INR, and INR to Crypto very easily. Currently, it supporting 40 altcoins. In this list steem not there.
If steem is also listed here, it is a major improvement in India.
Due to this Steem can get its previous glory within a short period of time.
Hope soon we see like those activities with steem.
Thank you very much for reading my post.
This post payout set to be 100% power up.
This is the really best idea to get SBD and STEEM as utility coin. I would love to recharge my mobile using SBD. For fiat conversion, I am going through a two-fold exchange which is somewhere about 1.5% fees, so for recharging if it incurs 1.5% fees, I will be happy to spend SBD to recharge my mobile.
In Buyucoin OTC desk is available to trade STEEM/INR, however, the normal trade facility is not yet available. MobiKwik integration is a potential use case I see, the smaller are the better thing when you seek to get off to a start.
Thank you.
Have a great day.
#twopercent #india #affable
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Yes if steem available in mobikwik ,then we see major growth in price of steem too.
Thanks for stopping my post.
#india #affable
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Yeah.
Mobikwik, freecharge, Paytm and PhonePe are the biggest players in india. If one of them could start supporting atleast the popular crypto, It will be very quickly adopted by users. And down the line, they could integrate SBD and Steem also based on the liquidity/volume stability.
#twopercent #india #affable
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Yes if any one platform start supporting crypto then we see huge Indians investments in crypto.
Hope those days come faster.
Thanks for stopping my post and valuable words.
#twopercent #india #affable
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Maybe this will come on Steem eventually, who knows.
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Hope soon we see like those activities with steem.
Thanks for your kind words and stopping my post.
#twopercent #india #affable
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My pleasure.
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Congratulations you are one of the winners of the Steem Crypto Challenge Month...
Thank you for taking part
The Steemit Team
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Thank you very much for your support
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Interesting post. I am looking for a STEEMIT dApp for I-Phone. I would need it for mobile blogging. I use the mobile phone more than the computer. Do you know if something exists?
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There is some apps like esteem ,i think another app also there,but i forget those names my friend. Search you got it.
#twopercent #india #affable
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