Introduction of the new Fiat to SPI token monthly group buy - Accepting Paypal

in #spinvest5 years ago (edited)

Hello everyone, today i will mostly be talking about the new monthly fiat to SPI buy i am starting. I see SteemPower Investments as a serious investment and when i make a serious investment i dont do it all at once, i save money from my paycheck every week/month. This monthly buy will provide a way to invest $10-50 a month increasing your SPI holding's greatly over time with these super low STEEM prices.
Steem powered investments @spinvest has been set up to offer an investment fund based on funding from STEEM POWER. Investments are funded through extracting value out of STEEM POWER and taking advantage of STEEM's high inflation rate. The aim is not to get rich quick; the aim is to build a safe portfolio of investments that will stand the test of time while insuring all investors starting capital is not at risk. Full details can be found here

Monthly Fiat >> SPI token community buy

I will starting from this month on the 6th of every month host a fiat to SPI token group buy open to all. I will release a buying post on the 6th of every month that gives 1 week for investors to get involved. The buying post will have a direct link to my paypal account which i think is very universal requiring only a bank/credit card to use. Monies will be be held in my paypal account until the 13th when they are withdrawn. When funds are withdrawn, i buy LTC to that amount, convert it STEEM and then finally into SPI tokens. On the 14th i will release a transaction complete post and confirm SPI token amounts that have been issued to investors.

The monthly Fiat to SPI buy kills a few birds with 1 stone

Increased SPI tokens issued
It's one thing investing STEEM earned from your blogging and a different investing your local currency be it dollars, pounds, euro's are something else. Buying 100 SPI token costs 110 STEEM which is a big chuck of STEEM but in fiat money, 100 SPI tokens only costs $24.00 which is not a massive amount of money. If 15 investors for example committed to $20 each every month, that would be over 1000 new SPI 's issued every month. STEEM is really cheap right now and it's the best time to convert fiat into STEEM if your looking to make a crypto investment.
Monthly regular buys will encourage repeat ordering and can become part of someones investment routine. As time passes and regular buyers increase, more tokens will be issued. Routine saving is the key to building any source of wealth.
Community building
Group buying will any help to increase the building foundation of the community and bring more awareness to SteemPower Investments. Even in these early stages i can see who will be active members that help to push the project forward meaning it's already started.
Reduced fees
Buying as a group will help to spread all the fees involved with going from fiat to SPI token. I try to keep anything clear and be as transparent as i can, so below you can see the flow from fiat to SPI tokens.

  • My paypal account is based in Uk pound sterling
  • Using Litecoin is cheaper and faster compared to bitcoin
  • Transfer fee
  • Exchange will most likely be binance
  • We've got STEEM so no more fees

The first Fiat to SPI token buying post will on released on the 6th August

If you are interested in saving regularly are starting to save regularly, this could be a great way to do and invest into the STEEM blockchain while stimulating the STEEM ecosystem. Any STEEM bought from these buys is powered up and locked into the STEEM ecosystem, effectively putting it out of use, out of circulation. SteemPower Investments is set up to never power down (never say never) so all STEEM received from tokens sales is as good as burned for at least 3-5 years.

Round up

  • New monthly fiat to SPI token being hosted by @spinvest
  • Buying post released on the 6th of each month
  • Payments collected for 1 week using paypal (confirmation can be done in commnetns are discord)
  • Fiat to SPI token exchange takes place on the 13th of each month
  • Post released to show screenshots and confirm tokens issued on the 14th of each month
    Wait for next month :)


How to buy SPI tokens

Below are the new steemconnect hotlinks that allow investor's to buy directly from @spinvest. Each token is priced at 1.10 STEEM each and beside each link is the true STEEM cost to reduce confusion. You can also send any amount directly to @spinvest and i will issue you SPI tokens to 2 decimal places for the value of STEEM to send. All tokens bought directly will be sent to investors SE wallets within 24 hours but most likely much sooner.

Convert other steem-engine tokens to SPI tokens

Most of us by now earn a few different tokens through other steem front ends are have been airdropped tokens during launch ect. I have wrote a step by step post that shows anyone how to convert other steem-engine tokens into SPI tokens. You can learn how by clicking here

Get in contact

Discord Invite - Click Here -

I go by silverstackeruk#3236 if you would like to DM me

And the cherry on the cake

What do you have to lose? What token has a operator with so much faith they offer a 92% buy back

Resteeming is a wonderful way to spread the word and get as many eyes as possible on this. Let's get a buzz going


If you're European based you could use
On bitbavo you can buy steem directly, omitting the fees involved in buying LTC and converting them to steem.

That's very interesting, I've not come across that before.

Deffo interesting. It looks like they only accept deposit in euro but even using my UK bank account, his could be cheaper. Thank you very much for sharing

I have twice to sign up. When i enter my details and click create account, the next page pops up and just loads. I waited a few minutes both times and nothin :'(

So a dedicated SPI person would basically be doing "THIS" once a week and keeping track of the results/payments/etc?
Based on a new account set up to curate and update the SPI-Faithful?

This post is months old bro, lol

And yes, if someone steps up :D

Yes My Brother! OLD POST!
I reviewed it to see the template of the idea,
I think it could work out. Brings 'fresh fiat'
into SPI as directly as possible.

Which leads to another point I had considered very recently...
I think we need to define some "GOALS" of advancement like
steemit has, we could keep the same names or devise others.
But I am thinking we could redefine the minnow-dolphin-orca
and fit it to our one million coins hardcap. 🤔🤔🤔
Kinda give SPI buyers some goalposts to reach for?



Would you will willing to give half in steem half in spi 100 of each. Simply as currently I can not deposit via coinbase and dont have a wirex account and dont really want one.

Posted using Partiko Android

Something can always be sorted out my friend and i dont see this being a problem.

For the moment I find I have put enough fiat in the steem ecosystem (of which SPI is a part) so I am not adding any more, I am focusing more on the top 20 coins for now.

What I did do was add 5 SBI to @spinvest which gives us all a bit more back in the long run. And that is why we are here

Haa, that's a great idea. Thank you very much.

Im sure in the coming weeks you will see a post from me begging people to do as you have done to build post payments. Thanks for the donation but thanks even more for the idea :)

no worries, I like SBI and it just works in the long run for both parties

lets hope some others pick it up

I have done similar. Same amount too. I did it a day or two after my first SPI purchased. You're welcome to check my wallet, if you want to verify.

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