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RE: How to Use Blocktrades - the Fastest and Easiest Way to Buy and Sell STEEM/SD (and My Review of the Experience)

in #steem7 years ago

At the time of my comment many of my options for buying steem are gone. Many of my followers are noobs like me and are asking me how to buy steem since I wrote an article that was very detailed and accurate until recently. Most people are scared of polonex for good reason. Bittrex is complex for the noob though I have used it I can't wrap my head around trying to explain to someone is so many steps that is new on how to do it. Changelly was super easy but the credit card fees were through the roof but to exchange crypto for steem wasn't bad and they offered like 20 different exchanges from one crypt to steem or SBD. Now that my options are really dried up do you think block trades is the best option left? Are they even trading steem still? Thanks in advance for your feed back. How can the community come together and solve this issue? Could we reach out to a payment processor like stripe?

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I can't figure out how to use Changelly and make purchases with btc I already own.

They were the easy one but they said that the Steem token had issues and they would not exchange it any more. I sent them an email asking why they stopped carrying Steem and SBD. For now their is no super quick and easy way to transfer Fiat directly into Steem. So for a noob it will be tough to do. I easily exchange multiple cryptos for Steem and SBD now using Bittrex.

I tried poloniex again only to have my funds along with 1000's of other people stolen yet again. Never trust anyone suggesting you use Poloniex for Steem. They are scammers too.

Very good question. This is always the stumbling point with cryptos in general. As far as I know Blocktrades are still allowing purchasing of Steem. Another alternative is Shapeshift - although it depends on how much Steem they have available at the time you trade. I think the Steemit team and some others in the community are looking into other options for buying but it is always tricky due to the local laws that relate to AML/KYC. I think Bittrex is still one of the better options but as you said it is difficult to explain to someone who is new.

Just registered and did a few trades with Bittrex. I am loving it. No complaints for now.

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