You are viewing a single comment's thread from:
RE: How to Transfer Steem from Binance to Steemit 🤔
How did the cost of STEEM compare to buying it via other alternatives? I see Blocktrade being the alternative but they do not quote it before buying so it feels like I am buying blindly.
Great question! I was trading BNB for Steem but I can't remember the exact conversion. But what I do on BlockTrades is I always look at the price of 1 Steem compared to the crypto I'm using to buy it. So let's say I'm buying with ETH. I put in one Steem on the Receive end of Blocktrades and see how many ETH that takes. Currently it's 0.004014701670574086 ETH...
Then I go over to CoinMarketCap's Crypto Calculator to determine what that amount of ETH is worth...
So currently, BlockTrades is selling 1 Steem for 2.44 USD worth of ETH. A little time-consuming but worth it if you want to know the price you're paying. 😁
Awesome! Thanks for the info!
You're welcome. And btw, you also won the random comment pick from this post which means you'll have an upvote coming soon from the @brandonfrye upvote bot! :)