Bank Report 14 - 20 February
Steem Advice
Now is the best time to invest in Steem!
The prices of Steem/SBD have witnessed a tremendous drop during the week with Steem and SBD trending around $0.27 and $3.9 respectively making the period an excellent moment to acquire more Steem as you can read in this quote: https://steemit.com/hive-195150/@thegreens/steemit-quote-hodl-and-be-bullish-with-thoughts-and-investments-when-it-s-bearish
Bank Trading Deals
Due to the fluctuating value of Steem/SBD as well as due to Club5050, the bank handled just three trade deals with:
Bank Loan Deals
The bank loan has a loan with @b-naj that has been renewed as you can read here:
https://steemit.com/loan/@thegreens/the-greens-steem-bank-loan-agreement-between-thegreens-and-b-naj
Bank Investments
Every week, @thegreens contributes 5.5SBD to @steem-cameroon for the Cameroon Steemit Njangi and 100K SP Shares Program. The bank wired 5.5 SBD to @steem-cameroon for week 36 of the Cameroon Steemit Njangi and 100K SP Shares program via which @thegreens now owns 8 Shares.
The Greens' Power-Ups
@thegreens did no power-ups during the week.
Bank Promotional Trade Deals
The bank now offers special withdrawal discounts for #Club5050 members as announced in this post: https://steemit.com/hive-195150/@thegreens/the-greens-steem-bank-pledges-to-award-special-withdrawal-charge-discounts-to-club5050-steemians
During, the week, the bank organized two promotional deals as you can read here:
- We're buying at SBD at 2,300CFAF, Steem at 200CFAF and TRX at 40CFAF
- We're buying at SBD at 2,100CFAF, Steem at 175CFAF and TRX at 40CFAF
Bank Reviews
Some of our clients have been nice to leave reviews in the Steem Cameroon WhatsApp Group. Below are some image reviews from some of our clients;
About The Greens' Steem Bank
The Greens’ Steem Bank (@thegreensbank) was created to ease Cameroonian steemians' Steem to BTC to CFAF (Local currency) transactions as well as reduce the cost of the withdrawals by 20 -75%.
It costs 0.0005BTC to withdraw Steem via @poloniex but with @thegreens Steem Bank, Cameroonian Steemians can now get instant cash payments in CFAF via MTN Momo for their Steem/SBD at a reduced cost i.e. 20 - 75% of 0.0005BTC.
0.0005BTC currently range between $26 - $32 and USD value increases with the increase in the price of BTC and vice versa
The principal objectives of the bank are;
- To ease Steem/SBD - CFAF transactions for Cameroonian Steemians
- To reduce the Steem/SBD withdrawal cost for Cameroonian Steemians
- To minimize the losses incurred during Steem/SBD withdrawal transactions e.g. A lot of people have made mistakes and sent SBD to Poloniex or mistakes with BTC Wallets.
- To reduce the time taken and worries associated with completing a Steem/SBD to CFAF transaction e.g. Sometimes it takes hours or days for a BTC confirmation to be complete or there may be network issues but with the bank, once Steem/SBD is deposited, the MTN Momo is credited.
- To reduce or stop the power down of Cameroonian steemians’ Steemit accounts via the provision of very low interest Steem loans (10 -13% Interest rates). We believe, if we give Cameroonian steemians loans, they will reduce the rate at which they power down their accounts.
- To give Steem trading and investment alerts/advice to Cameroonian steemians
- To guide and provide Cameroonian steemians with information on how they can better invest in Steem
The Greens' Steem Bank Profits
The Greens' Steem Bank weekly profits will be spent as follows;
- 30% of the profits will be sent to @thegreens for her #club5050 power up.
- 40% of the profits will be used to award @thegreens' contests prizes (Creative Writing, The Power Up Challenge and Green Deeds Contests)
- and 30% of the profits will be used for The Greens' Steem Bank services.
Are you passionate about environmental issues? Join Steem Environment, a global community of friends of nature and environmentalists
CC:
@steem-cameroon
@majerius
@saxopedia
@fombae
The Greens is a grassroots environmental organization that strives to educate, inspire and engage young people to take action to combat climate change and be at the forefront of biodiversity conservation and waste management.
There will be no problems while withdrawing our money. Good initiative I appreciate
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Withdrawals made very easy. Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice job there boss I love your spirit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit