Thanks for your steem now web site and updates like this one. I am new with crypto currencies and would like to buy some #steem. I know I would have to open a bitcoin account in order to trade for steem. I just don't know the right way of going about it. Any suggestions. Thanks :-)
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Depending on what country you're in, there are different ways of doing it. Some people use @blocktrades' service, which can have rather hefty fees since you are paying for convenience. To do that you have to have some crypto already to exchange into STEEM.
So you'll at least need an account somewhere you can legally exchange fiat for BTC in your country, for example I use Coinbase in the U.S. There is a high fee to purchase BTC with a credit card, but the fee is decreased if you link a bank account and use a wire transfer to fund your account, but you have to wait longer.
(By the way, you can also buy other cryptos like LTC or ETH if you want the process to be quicker since their confirmation time to send is much shorter.)
Voilà! Don't forget to power it up! ;-)Anyway, after you acquire your BTC/LTC/ETH, you'll need to send it to @blocktrades if you want to do it that way (easiest, but higher fees) or to an altcoin exchange that lists STEEM like Binance, Bittrex, or Poloniex. Once it gets there, if you used LTC/ETH you need to sell it for BTC. Then, use BTC to buy your STEEM and transfer it to @manorvillemike.
Thanks @d-pend you made it very clear to me. LTC/ETH as well as bitcoin sounds good to me.