Why Keeping Your Steem and Steem Dollars in Your Savings is Safe

in steemit •  7 years ago 

From one of Steemit's 13 year old bloggers

Hey Steemers today I will explain to you why you should keep your Steem and Steem Dollars in your savings account!!

What, Where and How

What is savings? So in your wallet you will see a column that is labeled savings. What you will see is this.

This is just showing your balance in your savings. If you put something in you savings balance it takes 3 days to get it back and put it back in to your Steem and Steem Dollar balance.

Where is the savings? You can find the saving in your Wallet under your Steem Dollar balance and above your estimated account value.

How do I get my Steem and Steem Dollars in my saving? To get your Steem or Steem Dollars in your saving you have to click the little arrow in beside your Steem or Steem Dollar balance and and click transfer to savings. The enter the amount of Steem or Steem Dollars you want in your savings balance and click submit.

Why?

Transferring Steem or Steem Dollars to your savings balance will protect you money because if someone hacks your account it will take 3 days for them to take that money and when you see someone is trying to take the money out of your savings balance you can first stop it and then second you can change your password. The money 💰 is safe!!

Anything in your savings?

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Ok, I have a question if I buy steem dollar in an exchanger and want to put it on my steem dallar account on steemit, where I can find my steem dollar address so that I deposit my steem dollar ?

I think you would first have send it to Blocktrades and then they will send it to your Steemit account. I think i'm not perfectly sure this will work.

Are you using bittrex?

Yes... I have $10 earning 0 %

WOW!! Thanks for stopping by @offgridlife!!

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Thanks for this reminder @nba05.