RE: Steem Withdrawal

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Steem Withdrawal

in steem •  4 years ago 

Are there any fees associated with this technique?

steem
4 years ago by

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      ·  4 years ago (edited)

    While not having done this myself (yet), from what I have read @novacadian, there is a 1% fee associated with both the deposits and withdrawals (you reference to this in the images displayed).

    Another alternative I have seen is SteemScan, which I am considering. Wish they would let us know which exchange they have uhhh ... "partnered" with ... Poloneix?

    Finally getting my powerdowns showing up as Steem, I have to get this figured out at some point ...

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      ·  4 years ago 

    Thanks Rob. Have been using Poloneix up to now. There seems to be a nice 2500 satoshi spike that happens there at least weekly in case you are so inclined. My habit has been to put a sell order at that price and sit back and wait. ✌️😎

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      ·  4 years ago 

    Thanks for sharing that info @novacadian. Beyond it being Sun's exchange, I live in a "Restricted Territory," i.e. the United States of America, so I cannot legally use that exchange ...😉

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      ·  4 years ago 

    We are on the same boat. Steem engine is a fair alternative for now.

    Posted via Steeming.com

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      ·  4 years ago 

    ... i.e. the United States of America, so I cannot legally use that exchange...

    Ouch, had no idea. 🤨

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      [-]
        ·  4 years ago 

      I checked SteemScan but I don’t know the operator so I didn’t try it yet. Let us know what you find out.

      Posted via Steeming.com

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        [-]
          ·  4 years ago 

        Well @yehey, my experience with SteemScan was a disaster, although I take responsibility for allowing myself to be distracted and not checking the details. Before it was too late ...

        P.S. FYI @novacadian ...

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            ·  4 years ago 

          Thank you for letting me know. For now, I will stick to the one I know and safe. :)

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            [-]
              ·  4 years ago 

            Yes a very small fee, believe me it won’t hurt.

            Posted via Steeming.com

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              [-]
                ·  4 years ago 

              Out of curiousity @yehey, what is your experience with trading volumes on Steem Engine? I figured I could live with the fees, but this has been my hesitation up until now. The likelihood of very low trading volumes ...

              P.S. I guess you can do something similar with Hive Engine, but I doubt this changes the trading volume question ...

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                [-]
                  ·  4 years ago 

                Always a smooth process. My personal tip, I always check the market place if the buying of STEEM is acceptable and have enough funds to withdraw large volume. So far no issue.

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                  [-]
                    ·  4 years ago 

                  Okay, thank you for letting me know @yehey and providing the benefit of your experience!

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                    [-]
                      ·  4 years ago 

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                        ·  4 years ago 

                      Downvote for downvote?

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