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RE: Guide: How to Setup a STEEM Exchange Node
This is great! I can't wait to see STEEM listed on more exchanges. Does this also apply for Steem Dollars?
This is great! I can't wait to see STEEM listed on more exchanges. Does this also apply for Steem Dollars?
Yes
Which exchanges do you recommend most?
And why no one, including dan is using decentralized exchanges?
Is storing tokens on a decentralized exchange is nearly as safe as a cold wallet?
I use BlockTrades whenever possible. Otherwise Bittrex is my second option. I do occasionally use BitShares as well.
Anytime you use an exchange there is risk. Even with decentralized ones, there is usually some risk. For example if the price of BTS ever went to zero, I don’t know what would happen with everyone’s coins. I’m not really an expert on this though.
Do you know if there is a currency which has all of these attributes?
If so, is it premined? What are its fees policy and speed of transaction and its security algorithm?
I wanted to ask this question in one of your threads, but going back to August 2017 I did not find you post a thread about this popular matter.
Sorry, that is not really my area of expertise. I don’t know.
I already asked other people and in other places and never got a solution.
Blocktrades let me register and lets me sign in, but when I try to place an order I find myself logged out.
Bitshares presents me with an error message which trying to choose a different server does not change.
What can prevent me from using online exchanges?
From other PCs I managed to get to where bitshares does not let me get to from my PC.
You shouldn’t even need to create an account to use BlockTrades. Just hit the Buy button from your Steemit wallet. It will open a BlockTrades page. Put in your Steem account name, and select the coin you want to send (BTC, LTC, ETH, etc.). Generate the address, then send the tokens to that address.
It never worked either.
It gave me an error message.
Bitshares and Blocktrades are incompetent.
Binance seems to work for me.
I still did not even transfer anything to it, but it does seem to work.
No one knows why.
Which exchanges do you recommend?
I remember you already answered that you use blocktrades, bittrex and bitshares.
bittrex does not want me.
If you know anything bad that binance ever did, please share it with me.
Is it just binance, or is it common to have to trade pair through BTC and by doing so having to trade 2 times for each trade?
Does BTC as an intermediate cause huge lags and additional fees?
No other good exchanges you had perfect experience with?
I like Binance. I would recommend them.
Currently the intermediate BTC trade is still needed for most exchanges that trade STEEM. I prefer to use ETH over BTC whenever possible, due to fees and transaction times though. A USD/STEEM gateway would be amazing - hoping we can have one someday soon.
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This comment has received a 3.38 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!
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This comment has received a 2.92 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!
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@timcliff please I really need to learn how the steem market works, how I can sell or buy SBD or Steem..
You can trade STEEM for SBD, and SBD for STEEM on the internal "Currency Market". There is a link for that in the main menu.
If you want to buy STEEM or SBD using 'real money', you first have to buy Bitcoin, Litecoin, or Ethereum first. I'm not sure where you live, but coinbase.com is the main website where people buy it if they live in the US. (Otherwise you can just google where to buy BTC in your country if you live somewhere else.)
Once you have one of those three coins, you can use them to purchase STEEM or SBD using https://blocktrades.us/.
Hope that helps! Let me know if you have any other questions :)
Thx!