This is the Right Time to Buy STEEM- Purchase Guide with Binance

Introduction

Someone may feel upset because the price has been going down in the last few days. But If you carefully look at the crypto market, the only cryptocurrency is going upward is Bitcoin. All other cryptocurrencies are going downward. The reason for that is other cryptocurrencies can’t bear the movement of bitcoin. After the bitcoin price is at a stable value, other coins will definitely come back to their tracks. According to our point of view, this is the right time to buy steem as much as you can. Why I am saying this is, If you have tried to buy steem before a few months, you can get a smaller amount of STEEM than this time. Here is the opportunity. Since the price is considerably low, you can buy more than a few months ago.

_{Downtrend Of The Other Crypocurrencies}

Why are we doing this tutorial?

Actually, some Steemit users may not know how to buy STEEM using an Exchange. In Sri Lanka, some of them already asked about that and we have guided them to buy STEEM personally. The number of Steemit users from Sri Lanka is increasing day by day and we thought to make a tutorial because they can buy STEEM easily by themselves. If you hope to buy STEEM, don’t wait until the price gets back to its normal track. This is the right time and buy more STEEM as much as you can.

How to buy STEEM easily?

In Sri Lanka, we used Binance most of the time to buy any cryptocurrency. So we thought of giving the procedure to buy STEEM using Binance exchange. Here are the steps to follow.

• First you have to log in to your Binance account. If you don’t have a Binance account you have to Sign up first. If you just make an account, you should make all the security options before trading. If you have any questions regarding security, please refer to this: Basics of Binance

• Now go to the market option and type as STEEM in the search bar. Then you can sell all the trading pairs regarding the STEEM.

• Click on the Any trading pair that you like to trade. But we recommended using the STEEM/BTC pair.
• Now You are in the trading interface. Check whether you are in the correct pair that you selected.

• Since you want to buy STEEM, you should use the BUY STEEM option.

• Here you can use 2 options which are Limit order or Market order. Since the price is in a good buying range, We recommended using the Market order type. There you have to enter only the STEEM amount that you want to buy. Then click on the buy steem. Now your STEEM is in your spot wallet.

How To Send STEEM from Binance?

• This is also very simple. First, go to the spot wallet.

• Now you are in the wallet. Just click on the Withdrawal option under steem coin.(You can directly go the withdraw and then you can select the coin as STEEM If you want)

• Now you want the recipient STEEM Address. It’s just your username without ‘@’.
  Ex: randulakoralage ( Not the @randulakoralage)

• Type the amount that you want to send to your steemit wallet and click on the submit. The transaction fee is very low. So you can send any amount of STEEm without having a higher fee.

• After clicking on the submit button, you have to give 2FA code and email verification for security cases. That will help to save your funds even if any unauthorized person logged in to your wallet. They can’t withdraw your assets without the code and email verification.

That is the procedure you can use to buy steem. This post is specially focused on Sri Lankan steemit users to give an idea about the procedure. But anyone can use these steps to buy STEEM. We think this will help you to have a simple idea.

WE ARE STEEM SRILANKA COMMUNITY

Cc:-
@steemitblog
@steemcurator01
@steemcurator02