How to fund your Steemit account using Binance exchange: Tutorials by @acbaby

in Steem Cameroon3 years ago

Source Edited by @acbaby via iMark app

INTRODUCTION
Hello fellow crypto mates of the Steemit communities. Wishing y’all a great time as I take you to the journey of understanding how to send STEEM and TRX to your Steemit account. The Steemit platform can also be used as a wallet where we can hodl STEEM and TRX. This can be done by just keeping these coins in your Steemit account wallet or by using them to power up. We know the added advantages that comes with powering up an account on the Steemit platform right? This tutorial is to make us know the easy means of funding our Steemit account wallet with funds from Binance exchange. This doesn’t mean you must use Binance as the only means of carrying out this activity, rather Binance has been used here as a very good and typical example. Without only depending on payouts from your blog posts, you can build your Steemit account by investing in it via funding and powering up your account.

How to send STEEM to my steemit wallet using Binance
To carry out this activity you are required to have a verified Binance account or have someone who has it. Make sure the Binance account has enough STEEM that match your required quantity. The following steps are involved in carrying out this transaction;

Step 1
Login to your Binance account and click on wallet.

Step 2
Type STEEM on the search box and click on it. STEEM will appear up with the available balance. Click on the “STEEM”

Step 3
Click on “withdraw” since you want to withdraw from a Binance account and deposit into a Steemit account.

Step 4
Fill in the address (note that the recipient address is your Steemit username excluding “@“); do not fill any MEMO because your Steemit account has no memo upon deposit; fill the amount of STEEM you want to be deposited in your Steemit wallet. Click on “withdraw”.

Step 5
Confirm the information you inputted on the last page

Step 6
On this page, click “send” on mobile confirmation and a code will be sent to your number, fill the box with the code. Also click on “send” for the email box and an email confirmation code will be sent to your email then you fill the code in the box. Lastly click “confirm”.

Step 7
After some few minutes your transaction will be validated and you check transaction history. If it appears “Completed” know that your transaction went through.

Step 8
Check your Steemit wallet and you will see that you have received STEEM from Binance hot.

CONCLUSION
Funding your Steemit wallet is a very good investment strategy on the Steemit platform. I will be making another post soon on how to fund your Steemit account wallet with TRX. As a user of the Steemit platform you have to make it as an obligation to know about cryptocurrency to a great depth and also how you can manage your account and improve funds. Later I will make tutorials on how to withdraw STEEM and TRX from your Steemit account into any wallet of your choice that supports these cryptocurrencies.

Thanks for reading
Steem on and have a nice time

It should be noted that all the screenshots on this write up were gotten from the Binance app

Sort:  
 3 years ago 

We need more of this lessons Sir. For more clarity please can you help me know whether as a user of Steemit I own a binance account, or how I need to own one please. And if I need to create an account how should I go about it

 3 years ago 

Download the Binance mobile application or visit Binance here to creat an account. After clicking the link take “Register now” and you will see a series of processes to follow. When I have time I will make a post on how to creat a Binance account.

 3 years ago 

Thank you Sir

 3 years ago 

Wow,I wondered how you powered up so fast within a short span of time. It turns out you are a crypto pro, more grace. Please if possible can you help give more info about the binance and how it functions?

 3 years ago (edited)

My power ups came from earnings from contests and my blog post payouts. I haven’t yet funded my wallet with Binance except for tutorials sake.
It’s a good initiative I plan on practicing.
Your request on Binance has been noted, I will wrap up a post on that after making a post on how to creat an account on Binance.
Steem on✍️

 3 years ago 

Oh I see, more wins

 3 years ago 

Very essential for our growth on the platform
Thank you for this.

 3 years ago 

Very educative thanks for sharing

 3 years ago 

A very vital information that will help the steemit ecosystem out-larged

Thanks for sharing this with us

 3 years ago 

Bro your already a pro oh,but I didn't understand anything but thanks though

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