Hi, thanks for this article. Apparently things have changed. When I click 'buy' I am transferred to a BlockTrades site with an empty UI. What I want to know is, to what address do I need to send the bitcoins I have in my external BTC wallet. Or alternatively how does BlockTrade know where to send it. And how do I get BlockTrade to work.
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I posted an updated guide here. I will be updating the link on the "Quick Start Guide" to point to the new one soon.
https://steemit.com/steem/@timcliff/how-to-buy-steem-guide
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..
Short answer: regulations. It is extremely difficult and expensive for a legitimate company to sell a crypto currency for “real money” which is why there are so few of them out there. The ones that do (like coinbase) are doing it as their only “thing”. It is not something Steemit could just easily add to their site.
Thats good question demanding aswers expecially We the beginners. Thanks for the prompt.