HOW-TO use Blocktrades.us to buy more STEEM POWER - step by step

in #steem8 years ago (edited)

Blocktrades is my favourite and quickest way to top up on STEEM POWER; it is super quick especially if you use a fast chain like Bitshares.

How I like to do it is Exchange Bitshares from my Bitshares wallet and then use Bitcoin to rebuy Bitshares from OpenLedger or PoloniEX and refund my Bitshares wallet.
You could also just use bitcoin but I am generally impatient and want my STEEM POWER now.

Blocktrade support a large number of currencies a few key ones are :

  • Bitcoin
  • Bitshares
  • BitUSD
  • Ethereum
  • Dash
  • Litecoin
  • Doge

Steps to Buy more STEEM POWER with Blocktrades.us:

1. Browse to https://blocktrades.us

2. Fill out your details on screen (letters on the screen shot are referenced below, RED= Must do, Green = Optional )

  • A. Select the currency you wish to exchange for Steem i.e Bitshares/Bitcoin
  • B. Select STEEM POWER
  • C. Enter your STEEM username and ensure there are no typos and ensure you get a tick next to your name
  • D. Optional; use these fields to estimate how much currency you will need to exchange to get a certain amount of STEEM Power of vice versa.
    Note: Take note of the suggested Deposit Amount (below D.) and do not exceed this amount in your transaction which we will perform in the next few steps.

3. Click ‘Get a new deposit Address’ and the following screen will display below the main pane

4. Depending on the currency you are exchanging from, the below maybe different;
In the case of Bitshares you will need to send BTS to ‘blocktrades’ (double check the logo displayed for easy visual representation of the account) and include your unique code as a Memo; mine is show above as ‘c3427250-9e47-4b67-b619-307b2241d2e3’. After you send your transaction will be received in a number of seconds.

In case of bitcoin no memo is required so you just send your desired amount of BTC to the address pictured and wait, your transaction will be seen within 10-60 seconds but will not be proceed until sufficient confirmation/block have been made. This may take some time and is the reason I prefer to use Bitshares as its speed advantage is massive.
Note: No matter which coin you are exchanging make sure you do not exceed the suggested deposit amount

5. Once your transaction is completed you will receive a Transaction confirmation containing details of your exchange

6. Your STEEM POWER will be delivered to your STEEM wallet.

Now go and enjoy this amazing network!

Sort:  

The Best Entry Point Bar None

Save having to sign up for account, verify transactions via email, wait extra time for exchange based processing and it supports the community

What steps do we take if the purchased steempower does not reach our wallet? I purchased steempower through Block Trades several days ago and its not showing in my wallet.

The steempower showed up in my account in parentheses like this: (+10,289.215 STEEM)...anyone know the difference between that and the steem power listed on top that is not in parentheses?

Forgot to mention in the OP that Blocktrades.us also accept deposit of OPEN.BTC and OPEN.USD; Smartcoin's for Bitcoin and US Dollars respectively, backed by OpenLedger (https://openledger.info) traded via the Bitshares Decentralized Exchange; OpenLedger is another key partner in the Bitshares and Steem community.

can you explain how blocktrades is able to send steempower like how we all send steem or sbd, without having to upvote content of the person they wanna give the SP to???!?!

I have no way to send steempower in the wallet...so how does blocktrades!!??!

How is this possible? And why isnt anyone asking this question!!?? What the heck can blocktrades do that our steemit accounts cant? Honestly what are they doing that allows them to send SP when all we can send is STEEM and SBD!?!?!

Is Blocktrades given some special code or acception because of its status as being created by same people!!??
I have googled this and cant find an answer!

How does blocktrades do this! And also why would i benefit from converting steempower from blockchains when i can just power up on steemit itself to get my SP? Because it takes too long? but its instant!?!?! is this just a way to avoid using bitcoins with slow speeds or poloniex to buy steem or SBD?

Previously, I have purchased STEEM POWER by selecting "buy steem" in the hamburger menu or in my wallet. As of yesterday, a new tab opens and I am linked to blockshares.us. Why the change? I prefer not opening a new account at blocktrades.us. Comments? Thanx

Thats the best thing about blockpays service. No need to create an account.

Just select the input curreny and the output currency (steem or steempower) and your steem username and the click get deposit address then you just send your inbound currency to the address provided and @blocktrades will send you steem or steem power (what ever you selected as an output)

Clueless here. When you say Enter your STEEM username, could that be for instance a STEEM address within Poloniex or Bittrex?

Your steem user name is exactly what it say it is, which is pauly99 for example.

Thank you.

Interesting. I haven't tried blocktrades, only bittrrex and hitbtc. I'll check it out for sure.

Great post here!

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