SwapSteem
P2P Exchange for Fiat, STEEM, SBD & STEEM Engine Tokens
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Hunter's comment
The real selling point I see here is the fiat conversion. Normally you need to send your STEEM to an exchange and then convert to another currency like BTC and then go for fiat and these things add up transaction costs and sometimes people have to hop through multiple exchanges (Eg: Binance doesn't deal with fiat)
Additionally you can exchange STEEM/SBD and STEEM Engine Tokens through the escrow services provided by SwapSteem which is convenient.
Just Login With Steemconnect
The exchange isn't without cons. There are no other crypto asset that isn't related to STEEM available. Liquidity is also low and they have a minimum transaction fee of 1 SBD which can be troublesome for smaller sized trades.
Happy Steeming!
Link
This is posted on Steemhunt - A place where you can dig products and earn STEEM.
View on Steemhunt.com
This should be on the top hunts
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thank you @dalzphoto
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That's the great news, for converting steem/SBD in Fiat when selling. Swapsteem make it easy, we don't need to conventional convert in another major currency for Fiat. It will be more valuable if swapsteem also add features for buy steem from fiat too.
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buy steem is also supported @dwiitavita
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sorry, we already have this.
https://steemhunt.com/@shaphir/swabsteem-peer-to-peer-exchange-for-steem-blockchain
always best to search and not rely on the url field for confimation.
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Its an outstanding trading offer.easy way to convert in any currency.this is offering such some fabulous offer.
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Thank you @vimukthi for posting our project as a hunt!
The minimum amount to trade is 20 STEEM/SBD and we take 2% of trade amount as fees for FIAT and STEEM-ENGINE Tokens pairs. For STEEM/CRYPTO trades the fee is set to 1%. There no limitation like minumum fees of 1 SBD.
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Thanks for the clarification. Best of Luck on the Project!
PS: Try adding yourself a profile picture :-)
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Exchange is good but the 1 SBD fee is the problem as many people do smaller transactions and they will not use this due to high fee.
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Hi @vimukthi!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.310 which ranks you at #2599 across all Steem accounts.
Your rank has dropped 9 places in the last three days (old rank 2590).
In our last Algorithmic Curation Round, consisting of 153 contributions, your post is ranked at #26.
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