in #olamax4 years ago

When Steemit was introduced to me by my friend, the first question I asked is how possible it is for me to exchange my earnings for fiat. He told me about the open market and it didn’t really answer my question. I discovered telegram some months later when I started making cool earnings yet the process was tedious. It was rowdy and man has to be careful of scammers parading like traders. When online exchangers came up, it was easy and convenient for me then the dip occurred. You know the rest of the story.

An online exchanger is a platform where you can exchange your tokens/coins for tokens/coins or to fiat. The key characteristics of an online exchanger is the ability to get your fiat in your bank account faster and convenient. No hassle, no delay and no long stories. The advantage of exchangers existing on platforms like Steemit is that investors will love the ability to buy and sell faster without delay. Back to the Nigerian setting, I have used many exchangers but mostly are just to sell which limit my chances of investing. I don’t want to be a seller alone, there are times I have extra money and wants to buy without hassle. This is the sole reason why I became a part of Olamax Exchanger.


Olamax Exchanger is a platform to buy and sell Steem, SBD, BTC and Dogecoin. To write out a proper review, I had to perform a transaction. Follow through as I write out the steps to sell Steem on the platform as done by me:

Step 1:

Login to the website: https://olamax.io

If you want to sell, you don’t need to register/login.


Step 2:

Select the coin you want to sell; Bitcoin, Dogecoin, Steem or SBD. I chose Steem for my transaction.


Step 3:

Input the volume/number of Steem you want to sell.


Automatically, the system will calculate the amount in Naira with a bonus (bonus is still on, don’t miss out).


Input your Account details; your bank name, account number and account name. Then click “Begin Transaction”.


Step 4:

A pop-up will show that will bear the details you have provided. Click “Begin” to proceed.


Step 5:

This is where you complete your Steem transfer, there are two options – SteemConnect and Manual Transfer. It is advisable to use SteemConnect if you are sending directly from your Steemit account. Input your username and click “Transfer Using SteemConnect”.


A pop-up will show to show the operation of transfer from your account to Olamax. Click “Continue” if you are sure.


This will re-direct you to SteemConnect website. Input your Steemit username and active key then click “SIGN IN”.


You will receive a “Congratulations” message to show that operation has been successfully broadcasted.


You will receive “Transaction Successful” message.


In less than a minute, my account was credited accordingly.


With these steps, you can sell your coin in less than 5 minutes. Now, let us move on to other features.

When you want to sell your coins, you can decide to get the equivalent credited to your bank account as shown above or you can buy Airtime and Data to your MTN, 9mobile, Airtel or Glo lines directly.

How to Buy Coins

To buy coins on Olamax, you need to Sign Up – input your Full Name, Email Address, Password and Confirm your password again. Your account is ready but one more step to go to be a recognized buyer.


You need to complete your KYC registration to be able to buy on the platform. KYC means Know Your Customer – it is a government approved document that bears your details. You can use your National ID Card, International Passport, Permanent Voters card or Driver’s license. You need to take and upload pictures of the front view, back view of the document and an image of you holding the document then click “Finish”.


The admins will go through your upload and confirm the originality. Once you are certified to be genuine, you can go ahead to buy coins on the platform.

NOTE: You cannot buy crypto currency on the platform without properly completing your KYC registration. Also, you don’t need to login to sell. Enter as a guest and make your transactions. Promo is still going on for every transactions you make.

Finally, Olamax provides a hassle-free, fast and convenient way to exchange your coins for fiat. They have provided a secured platform through the KYC registration for buyers, this will stop the invasion of scammers coming there to act like traders as seen on most Telegram exchange groups. The minimum amount to withdraw to your account is N1500 (One thousand five hundred naira), this will keep the platform on check and balance. There will be no chance for bank issues/charges due to low amount of withdrawal. I will also advice @olamax to add more coins to the platform, this will allow diversity.

There are so many people that believe in hodling coins but unforeseen situations may come up and you have to sell your coins/tokens. It will be best if I can choose which one to sell not limited to only the 4 coins listed on the platform. I believe with time, you will add more. I recommend Olamax Exchanger to anyone that wants to buy or sell coins. They are fast and customer friendly. When I first had issues with the exchanger, @olamax himself responded to my enquiries and helped put me through. This is an added advantage.


What an extensive review.....am sure going to give this a trial

A trial will affirm your earlier Statement..

Olamax exchange rate is higher than most of the other exchanges.. I will give them a try.

Please do, they are waiting to find you.

Nice post. You wrote this post as if you're part of our team. It shows you really understand the working of our platform. More coins will be added soon. We want to see how those four will perform before we deploy more money to get other coin listed. You can encourage us by bringing more customers to the platform. Your entry has been received ensure you get more pple to upvote and comment on the post.

Thanks OLAMAX. Maybe you can recruit me soon. Where can I send my resume?

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by imbigdee from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Can I transfer my coins from Yensesa wallet and sell on their platform? Anyway, this is a beautiful review.

You can withdraw to your Steemit account and sell on Olamax. It's simple.

This is beautiful review, I will check it out soon.

This will truly help newbies like me when I need urgent fiat.

Exactly. Hop in real quick and make use of the exchanger.

I have heard great news about the platform. Seems it is as easy as it looks.

So much easy and direct dear.

Do they use referral too?

No. Just hop in and start transacting.

Can I buy Airtime with my coins to any number?

Yes you can and also your Data.

I like the name OLAMAX. It's cool. This is well written and should be seen by everyone.

Yes. Thanks for stopping by.

Do you have their personal contact incase I want to pass across an important information?

I remember the days of Airhawk on Telegram; the days of Dugbe market. Shine your eyes or they will outshine you.

Airhawk days, Dugbe market. Yes I have.

Is there like a wallet where I can store my coins?

Nope. It is just to exchange tokens to money/fiat.

I love that Nigeria is playing a big role in making Steemit work for us. This shows we are committed to the cause. Kudos.

You are right. This is us doing our best for what's best for us.

I hereby pronounce olamax exchanger a verified exchanger as a Barrister of the law and imbigdee as the witness. Good work.

Lol. Barrister, that's good.

This is exactly what technology and Blockchain is all about. Are you a member of the team?

No, unless they recruit me tonight.

This is a review turned tutorial, lol
You did justice to this!
@olamax should make you an ambassador, and this article should be used as a guideline to help users.

I'm tempted to use this exchange on my next transaction cos of the way you presented it.

I will be glad if you do. This is both an announcement and endorsement.

Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq

Olamax na baba for exchange and his rates are awesome. I recommend this exchanger

Thanks for the endorsement.

It is steem exchanger i normally use before but it seems olamax price is better

Very much better and that's why we are here.

It was impressive hearing about this and when I looked at the website I was wooowed.......that was a great one @olamax

Thanks Cheryl.

I have been hearing about the good news of olamax. With this piece of yours I just confirmed it'a not just a good exchange but an amazing one.

Nice one dear

Thanks for the amazing endorsement.

This is amazing...olamax just got emsef more customers

This is exactly what they want to hear.

Heard about olamax last year but didnt know they are as good and genuine as you state in your post, i will give them a try.

They are authentic and you are right.

I like the price part that it is higher in rate than most of the exchanges out there.super cool

Fast with promo/bonus at the moment. Don't miss it.

when there are glitches while trying to do transaction, hope it will be rectified by their team if i make a complain?

So far and easy. Just contact Olamax directly on whatsapp and he answers very fast.

Olamax is making it easier for steemians to sell their steems and sbd....great

Easy and convenient.

I know about olamax very well... I give them my total support 100%

Thanks brother.

Wow! Am so new on the platform and this review is a great help, thanks alot @imbigdee

You welcome. I am glad it interested you.

Hello! I find your post valuable for the wafrica community! Thanks for the great post! We encourage and support quality contents and projects from the West African region.
Do you have a suggestion, concern or want to appear as a guest author on WAfrica, join our discord server and discuss with a member of our curation team.
Don't forget to join us every Sunday by 20:30GMT for our Sunday WAFRO party on our discord channel. Thank you.

Mehn the review is damn!!! Cool. I love olamax!

I know you do.

You got 1.00% upvote from Yensesa. Thank you for your continues support of Yensesa Exchange and being a member of Yensesa Residual Income

Thanks team.

I heard of olamax a couple of times but i didn't pay much attention to it. But now that you've made this post i am convinced that its one of the best exchanges now. Thanks for this insight.

Hi @imbigdee!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 1.796 which ranks you at #30644 across all Steem accounts.
Your rank has dropped 29 places in the last three days (old rank 30615).

In our last Algorithmic Curation Round, consisting of 197 contributions, your post is ranked at #136.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • The readers like your work!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.18
TRX 0.05
JST 0.022
BTC 17035.79
ETH 1287.48
USDT 1.00
SBD 2.08