How Can I Buy Steem?
- This is by far the most asked question on steemit.
- The answers for new folks are often intimidating.
- Most people want to just buy it with a debit or credit card or paypal.
- Serious Crypto Addicts and Tech Geeks Like The Exchanges and Transfers.
- What Used To Be Impossible Is Now So Easy! Keep Reading And Find Out Exactly How I Buy Steem Now So Easy!
If you are new to crypto currencies and Steemit the worst thing you want to do is lose your money because you transferred your currency into the wrong wallet and it disappeared.
You also don't want to have to go through the headaches of buying an alt currency like litecoin and then having to exchange it on a market for bitcoin in order to exchange bitcoin for Steem! Am I Right?
IT IS LIKE I AM READING YOUR STEEMIT MIND!
The Fact Is That It Takes Steem To Make Steem!
Changelly helps new members get started buying steem super fast so they can make purchases and grow their steem power a little faster than the snails pace everyone starts off with.
- Maybe you already went to Coinbase and bought some Litecoin or Ethereum. This is the best way to use Changelly as you get better rates due to their credit care processing fees.
This Is Exactly What I Do To Buy Steem.
1st - I go to Coinbase and buy $100 worth of litecoin. (Ethereum Works Well Too!) If you do not have an account it is very easy to set one up and get started. Takes about 15 minutes. You will need a mobile phone to verify you are who you say you are...Security is super important and I appreciate that. I'm sure you do too.
2nd - Once you have your account set-up and your payment info setup you can buy Bitcoin, Litecoin, Ethereum. Once you make your purchase you will get a notification via email that it was successful. Visit your coinbase dash board and be sure it is in your wallet. Notice in the graphic below I do not have much currency sitting here...SEE THE SEND BUTTON?
Remember how to get back to your dashboard you will need the send button. It is probably best to just keep 2 windows open or tabs so you can switch between them easily. The send button will take you to this page...
Which you will need to enter information from changelly here. It is so easy to do that I figured it out and I was a complete noob. All in all it takes about 5 minutes once your accounts are set up to easily turn real dollars into Steem!
3rd - Go to Changelly and create an account. It is free to create an account. Once your account is create you can click the Changelly logo in the top left corner to get started buying Steem.
On the left toward the bottom you will select the currency that YOU HAVE purchased at coinbase or *** IF YOU SKIPPED THE COINBASE STEPS*** select USD if you are in the States or EURO if in Europe and still using the Euro. This is what I love about Changelly so much it is so easy and transparent. Once you enter your amount of what YOU HAVE it will show youHOW MUCH YOU GET. You can select STEEM and click the big green EXCHANGE Button if you are satisfied with what you will get. You could change it to another currency also if you were using another platform but most people are wanting desperately to buy steem.
The Wizard will take you through the next few steps to confirm your purchase for steem. It is so Easy to buy Steem now.
If you have any questions please feel free to use the comments below and someone will help you buy steem. @changelly has a page that can help also.
You will need your Steem Address and Memo. Your Steem address is your User name...Mine is @binkley if you want to send me some Steem for writing the article that is ok with me. That is all you really need if you are transferring to steemit account. If you were sending it to another wallet you would need your memo key for that wallet. I'll transfer a small amount so you can see the steps...
Next you will see the confirmation. Again they are so transparent in what the fees are and how much you are getting for what you have. No other website that let's you buy steem this easy is so open and honest. Here is a picture of what a small amount of litecoin is getting me today....WOW Right! These nominal fees are more than fair.
Let's move on the the final steps of buying steem.
If you like everything you see which I'm sure you will you will click the big green button confirm and make payment. Remember earlier when I told you to be able to get back to your coinbase dashboad? Now is when you need to copy a link that changelly provides. It looks like this...
Take and copy the link Provided by changelly into the coinbase send button in your coinbase dashboard for the correct currency you selected when you started the Changelly process. So in our case I'm going to go back to Coinbase and select the send button for Litecoin and copy my Changelly payment address and paste it into coinbase where it says "*enter email or litecoin address. *" notice you have to select the proper currency either bitcoin, litecoin, or ethereum. This needs to match up with what and how much you told Changelly you were going to send. Be sure to have your mobile phone handy as coinbase will send a verification code to complete the transfer. I'm usually transfered within 5 minutes tops.
In just a few moments you will have steem in your steemit account. Yippie I just showed you how to buy steem easliy getting the best exchange rate possible by using Coinbase & Changelly. You can also cut out the coinbase steps and just buy with USD or Euro now at Changelly for added convenience you do pay a little more but it might be worth it if you can't follow my easy how to by steem guide.
Hope you loved this award winning steemit article, How Easy It Is To Buy Steem Using Changelly!
Please Upvote And Resteem to Help people buy steem!
UPDATE: New Article Alert....Learn how to turn steem into steem dollars fast... https://steemit.com/steem/@binkley/how-to-trade-steem-for-steem-dollars-aka-sbd
There MUST be an easier way to buy Steem! Steemit cryptocurrency money exchanges
Rather than go through one or more third parties, why not buy Steem from Steemit.com, or Steem.com? Am I making any sense here??? Or am I being too simplistic here? Am I being an idiot for stating the obvious??
Buying through third parties is very discouraging and suspicious to most normal people.
The steem eco system could very easily set up there own e-commerce payment gateway. Why don't they?
Perhaps tere is strategic brand marketng reason to sell steem through third-party exchanges, istead of diect to customers..
Steemit doesn't convert fiat to Steem or Steem Power. This needs to be done somewhere. New people joining often do not have BTC, ETH, Or Litecoin. Which still is not available to be purchased directly from Steemit but is available to be purchased from blocktrades easily and many other exchanges sell Steem. But you first still have to get the country currency converted into digital dollars.
Maybe there is a marketing reason to go through third party distributors. The ease of use and their own white paper states they are trying to help people break into crypto currency. Which it does allow people to earn some small amounts of crypto and learn about crypto. Makes it hard to buy it though for new folks.
Changelly from time to time drops Steem purchases. We are thinking about offering Steem for sale on https://SteemThat.com in the near future.
Total bummer – unless I'm missing something crucial, apparently Changelly stopped offering STEEM. :(
You are correct and the sad thing is almost all of the information about Steem and Steemit is outdated and you can't go back and edit posts. I would if I could as I can trade anything for anything anywhere now and I could put an update with some new how to guides.
Thanks for all the help @blinkey!
Looks like you added an extra "l" haha... @binkley
Thank you for this article, @binkley. I tried following the steps you gave, but am stuck :(
I am unable to use Coinbase since I live in Mexico. I tried to use a credit card to transact USD to Steem, but the Changelly credit card processing by Indacoin is very finicky . . .
I tried one credit card and was asked to enter a phone number, Indacoin's process did not show my phone number on the screen where I was to enter a 4 digit code (and I never got the call or text) < I tried the process twice and now my card is blocked by the CC fraud department. Which I need to call to unblock.
I tried another credit card, which also didn't work. I completed Indacoin's steps of recording a video of myself saying 'Indacoin Verification' while holding up my passport and the credit card I'm trying to use. Who knows if that will work and/or if that's a security concern.
I REALLY, really want this to work and for you to get the affiliate commission, but am unsure what will happen. Keep your fingers crossed.
. . . It might also be helpful for others to know that there is a $50 USD limit to the first credit card transaction. I have to wait at least a week after the first transaction, then I can purchase a higher amount (up to $700 USD).
I'll add a follow-up comment to this post with the end result of my efforts (just in case anyone is curious).
Thank you for trying to buy it and sharing the difficulties you are having from Mexico. This is extremely helpful for other people who are also trying to buy steem online. Thank you so much for sharing. If more people would talk about it then the problems of buying steem could be solved. I honestly believe the steem market loss per day in in the hundreds of thousands of dollars because so many try and just give up.
I'm forever looking for new ways to help people buy steem as it benefits them and the whole community. When you are successful I would love for you to publish your own article and then allow me to republish @ www.SteemThat.com as I'm trying to organize a complete set of tools and tips for new people all in one spot.
Best of luck to you and I hope that they can get it resolved soon. Please do update everyone. Thank you again.
Will do, @binkley. I think Changelly is a great tool, just gotta work out the kinks. I haven't resolved the credit card purchase part, yet. BUT, when I do, I will share with everyone.
Excellent post, Amazing. Well done. I'll follow your account to see how you doing. Because i earnings as like you @yash0108
This post has received a 8.33 % upvote from @steemthat thanks to: @binkley.
This post has received a 3.13 % upvote from @drotto thanks to: @binkley.
New Followers get 0.001 SBD$ and an upvote for free!!
Just follow @steemvote and...
You come by my post to spam and don't even upvote. If you are gonna spam at least give me a dang upvote. We all need eyes on our content but that is not cool @steemvote. In your spam you even say you upvote your newest post. What a bunch of crap!