I really want to invest some fiat in steem, but have not found a way that works for me yet since I do not feel comfortable connecting a bank account to an exchange.. If anyone knows a way to invest fiat that does not require that and is reputable, please comment back.
RE: Redfish, This Is Your Time To Shine... Get Your Steem For Under A Buck!
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Redfish, This Is Your Time To Shine... Get Your Steem For Under A Buck!
+1 For those who have done it, what exchanges do you recommend?
I would like to use a credit card (so I don't have to connect a bank account). I found one place, but they charged like 15%. And then I think there would be some more fees getting it to Steem. I haven't actually looked at using my debit card or bank account. Are the fees similar?
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I must admit i never used fiat to buy Steem. I've always used my profits I made through other cryptos to convert to Steem.
My favorite exchange is Binance, but I'm not really an expert in that.
Maybe, I should call in some help here:
@davemccoy, @abh12345, @taskmaster4450, can any of you give tips concerning this matter?
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Just use localbitcoins of paxful and purchase btc by bank transfer.
There is various ways, hit me up if you need detailed help.
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Thanks for offering your help , @rldiamond.
I am so used to the facilities available in my own country, that I don't have a clue how things work in other parts of the world...
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I imagine some people are selling steem privately, if you do a google search you might be able to find them and bypass the exchange. You take a unique risk dealing with individuals just like with exchanges, but if you do your research and check to see if they have a good reputation and if you do it right you should probably be safe.
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Here in Belgium I can use like an ATM system to buy crypto, and then I can exchange this crypto into Steem.
I'm using https://www.litebit.eu/en for that.
You do need your bank account (your card, to be more exact), but the data isn't saved into the system.
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Unfortunately there are no crypto atms in my area that I can find. I wish there was that would definitely be an ideal way for me to initally invest. I do have a binance account though other recommendations, but am new to crypto investing so I have not really used it yet.
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