Learn Steemit - How to buy Steem Power delegation from blocktrades.

in blocktrades •  26 days ago 

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How to buy Steem Power delegation from blocktrades?

Buying steem power delegation is a very effective way to increase one's steem power. When you buy Steem Power delegation, you simply pay another person or service to use their Steem power as if they are yours over a period of time. The original owner of the Steem Power can take back their Steem Power after the agreed period of use elapsed. The benefit of buying Steem Power Delegation is that it increase the curation rewards of the user that received the delegation.

In this tutorial, we will explain how to buy Steem Power Delegation from Blocktrades. Please check their terms of use before transacting with them to avoid abuse.
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Follow the steps

Step 1: Visit https://blocktrades.us/ and Sign up. Click the confirmation mail sent to your mail box to activate your account. You will be redirected to blocktrades. Login with your email and password.

Steps 2 and 3: At the top menu, click the small arrow beside "Steem". Then from the drop down menu, click "Buy Steem Delegation". Check the image below.

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Step 4: Select the currency you want to use to pay for the delegation (In this example, Steem was selected).
Step 5: Enter the amount of Steem (or other currency) you wish to pay for the delegation
Step 6 Enter the Steemit account that will receive the delegation.
Step 7 Click this button to select the account that will be used to pay for the delegation. (Check image below)

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Step 8: Enter the Steemit account that will be used to pay for the delegation.

Step 9: Click here to pay using Steemconnect (Check image below)

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Step 10: As shown on the image below, click continue.

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Step 11: Enter your Steemit username and keychain password. If you have not logged in through Steemconnect before, you have to provide your active key, before you can create the Keychain password.

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Step 12: Click approve as shown below to complete the delegation

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Conclusion

Once the transaction is confirmed, the delegated Steem Power should appear in the receiving wallet in a matter of minutes. Congratulations. You have purchase a Steem delegation from Blocktrades available to be used a period of 90 days. You can now enjoy higher curation rewards.

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Very good tutorial. I have used blocktrades to lease and you have it right. But after your account gets any kind of rep or activity, it is MUCH cheaper to use minnowbooster which is now dlease. You can set your own rate and might pay half of the blocktrades amount. It is not as quick and you may have to try more than once but you lease will be filled if you persist. Good luck.

If you put in lease orders of 20% APR I will very likely fill them on dlease.io, also it is easier for people to fill smaller leases than larger ones, a 1000 SP lease may be filled faster than a 5000 SP lease for example.

Great guide mate good work this will be handy to newer people I have upvoted for you mate for visibility.

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I appreciate your work on Steem. Informative study for beginners.

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Very useful this information. Thanks for sharing.

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  • Is there any chance to extend the agreed period before it expires?
  • Should we expect a steem-connect mobile app anytime soon?
  • Is there any chance to extend the agreed period before it expires?
  • Should we expect a steem-connect mobile app anytime soon?

Yes, they will alert you before the lease is up so you can renew, @greymatta. I do not know about the mobile.

Great tutorial on delegations. I use minnow booster and I've never used blocktrades for delegation.

interesting explanation and very complete ..

@chainpower, This effort is really appreciable and keep up this Knowledge Transfer work.

Excellent tutorial You leave no doubt, thanks for sharing.