BlockTrades (http://blocktrades.us) has begun testing a new feature: the ability to purchase temporary delegations of Steem Power from our site using bitcoin, litecoin, and other currencies. Initially we’re offering 30 and 90 day delegation periods. The cost for a 30 day should be relatively similar to that offered by MinnowBooster, with some additional discount available for 90 day delegations. Also we plan to shortly enable the ability to renew existing delegations from BlockTrades at a discounted rate.
While it is not strictly necessary to create a BlockTrades account in order to purchase a Steem Power delegation, we strongly recommend it as this allows a user to have a record of the current expiration date of the delegation and will also allow for renewal of an existing delegation.
Terms and Conditions for Steem Power Delegations
While BlockTrades does not plan to directly oversee usage of the delegated Steem, we will investigate complaints of abuse by the community. BlockTrades reserves the right to terminate a user’s delegated Steem Power without refund if the user uses the delegation in a manner it considers harmful to the Steem community. The most common forms of abuse in this context would be: frequent upvoting of nearly contentless posts and/or plagiarism posts, targeted downvoting attacks on non-abusive community members, or phishing attacks aimed at defrauding other Steem users.
On the other hand, BlockTrades does not consider it abuse to upvote your own posts as long as they consist of original material that can be argued to have some meaningful content (even if it’s just an original joke).