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RE: Easily Convert Steem into Other Currencies!

in #steem7 years ago

It's already difficult in some countries to exchange the local currency into cryptocurrency and PayPal makes it more difficult or impossible. For example PayPal is not an option in Coinbase for Europe, only the USA. LocalBitcoin is universal, so your solution is to change local currency into Bitcoin, then into Steem. I don't see other solutions.

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Wow! Thanks for your super quick response, @gmichelbkk!

My money in Paypal is not local Jamaican currency... it's US$.

PayPal is not an option in Coinbase for Europe, only the USA.

Yes... I have a US bank account BUT I'd have to live in the US for Coinbase to accept the US bank info. ;)

LocalBitcoin is universal, so your solution is to change local currency into Bitcoin, then into Steem.

So I want a way to change US$ in my Paypal in to Bitcoin, then in to Steem as you said. So you are saying I should use "LocalBitcoin"? If so, I'll check the list to see how to buy that.

My apologies for all the questions on something that's not what your post is about.

The best would be to withdraw your USD from PAYPAL and then use the cash to buy Bitcoin.

Ok. Thank you again. I appreciate.