How To Sell/Buy Steem Using Blocktrades Full Tutorial !!
Hello dear steemit friends,
Today I am going to tell you that how we can purchase/sell steem using Bitcoin on blocktrades,
If you are using steemit then most probably you already know how to use blocktrades but still there are a lot of new users who don't know anything about using blocktrades,
So i write this tutorial for those Friends,
:- Firstly go to your 'wallet' section on steemit.
:- Now Click on the steem option and select buy/sell whatever you want to do.
:- Now that will open 'blocktrades' site.
:- Now click on the 3 lines on the upper right corner and click on 'sign up'.
:- Now create a new account and log in your account.
:- Now if you want to sell steem then select steem in the list of 'coin to send'.
:- Now select Bitcoin in the list of 'coin to receive'.
:- Now enter the desired steem value that you have and want to sell for Bitcoin after entering the value of steem you can see that how much Bitcoin you will get for your selected steem amount.
:- Now enter your Bitcoin wallet receiving address in the given box below.
:- Now you will receive a memo for your transaction by blocktrades.
:- Now go to your steemit account and in wallet section select steem and click on transfer.
:- Now enter the desired amount of steem that you have and want to sell for Bitcoin and in 'To' option write "blocktrades" and in the memo section copy paste the given Memo of blocktrades that you get from @blocktrades.
:- Now you all done click on send and Within sometime you will receive your Bitcoin in your Bitcoin wallet.
(Important point:- if you select steem in the list of 'coin to send' then send only steem to that given memo if you send steem doller then they will we gone and you can't get them back,so please send right cryptocurrency to that memo.)
I hope this tutorial will help you to understand how to sell/buy steem using blocktrades and if still you got some doubts then please comment below.
And if you need any help or support just drop a message on my steemit.chat Account 😊
Follow me :- @thecrytotrader
Resteem and upvote if you like the post,
(Image source:- https://www.google.com)
Thanks.
Could you go from blocktrade to coinbase? Cheers mike
Probably yes because you put any bitcoin receiving adress you want if you sell. And you can send from any bitcoin adresse if you buy.
Cheers mate for your reply
Yes exactly :)
Will you please elaborate your question.
Could you transfer money from blocktrade into coinbase app
Yes because blocktrades only need your Bitcoin receiving address for sending the funds.
Cheers for the reply mate
Cheers :) buddy
Isn't BlockTrades a little bit too expensive? I am only asking as I know that they have huge fees in comparison with a normal Exchange.
Ya but that process your funds faster and as you know poloniex is not safe for steem related transactions and bittrex also down the steem deposit and withdrawal for some time,so right now blocktrades is the best option for sell or buy steem.
Is there any Transaction fees for it ?
Ya normal charges
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