I can't get historical STEEMAUD data, but going off current price the fee/rate premium was quite substantial - 10% or so.
48 hours is also a fair wait, converting to BTC and selling at Local Bitcoins would be a lot quicker ... not sure how total fees would compare.
Either way, this is great news. Aussies can now buy and sell Steem directly for AUD. For such a small country, we produce a surprising number of savvy entrepreneurial minds!
Nice one @hannahlicious - Up'd, RS'd and following.
PS We'd love to have you in Team Aus - See @Choogirl's instructions for joining at the bottom of the latest membership update
Ooo is Local Bitcoins a site I can use in that i'm not aware of? I will definitely check that out then, thanks so much for the advice :)
I actually just discovered team australia and followed the instructions on @choogirl's post so I think she will put me in the next recruits post! Can't believe I never discovered it earlier :)
thanks so much :)
No worries :)
Yeah Local Bitcoins is great - years ago it was pretty much your only option for buying bitcoin. The best professional traders on there will do an instant cash deposit at a smart-ATM or online transfer from same bank. Not everyone does that though, so just check the details before initiating a sale. Some traders also require SMS and ID verification, but most aren't too fussed.
okay that sounds awesome, will have a look at that tonight :) thanks again!
No wuckaz :)