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RE: Why All Should Consider Buying Some STEEM
is there a way to buy small amounts of steem for fiat? heard of freedomex but it is not a happy story.
is there a way to buy small amounts of steem for fiat? heard of freedomex but it is not a happy story.
Depends what you mean by small amounts.
I use buy LTC on Coinbase and then convert it through to STEEM, typically using Blocktrades. I don't do a lot of purchasing in terms of frequency nor do I do minor amounts, so I don't know if this will work.
Hopefully others have ideas about how to do it.
I would like to hear more about what you know about Freedomex.
well they said you can buy steem for $ and that they do work with serbia. what i did not know is "A minimum of €500 is required to fund your account." and well i don't really have that money to invest in crypto. my idea was to buy few steem from time to time, because now i need to buy bitcoin on an "exchange" in Serbia (they do Dinar to bitcoin) than get it to bittrex and buy steem (and there is also a minimum of btc and it is not small)
so i don't have any really bad info about freedomex you just need (for me) a larger amount of fiat to start trading.
Thanks for the 411 on that. I have read about FreedomEx and watched the progression but did not have any first hand insight. I am glad you were able to provide that.
It sucks that they have a minimum for fiat but I guess they have their reasons.
You point to a problem with STEEM which is lack of availability on the exchanges. Perhaps there is a way to use Steem-Engine. I know they do not take fiat direct but I think they are linked in with someone (it might be freedomex now that I think about it).
Hopefully this is a problem that is being worked on. It would be good to enable people to convert small amounts of fiat into STEEM. That would open up a bigger market.
Maybe @ackza can help with this. I know he tries all kinds of exchanges. Perhaps he has a way to get small amounts of STEEM for fiat.