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RE: NOW you can buy STEEM with Visa or Mastercard credit/debit card

in #steem8 years ago

I see Craig downvoted this but it's a valid comment. There are cheaper ways to buy BTC and alts, but this seems convenient if you don't care about getting overcharged. The current market price of bitcoin can be seen at https://bitcoinwisdom.com and many other sites.

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I posted about steem, so it displeases me to see comments and links about bitcoin, this is supposed to be about buying steem, not bitcoin

The bitcoin rate is the root of what they'll charge for any altcoin. In this case it's about a 37% premium, and the STEEM rate sees the same 37% premium. So if one wants to buy some STEEM now and isn't set up to buy BTC in some other fashion, this service is useful if the premium is acceptable. Otherwise, with some patience, there are cheaper ways.

Yes, I use Gemini.com to buy btc, their btc price is always lower than coinbase, last night I purchased 1 bitcoin and the fee was $2.15, coinbase would charge about $20 fee

and it's good for those who want to pay for anonymity. Changeelly says the rate will reduce as the service matures, they just started

With a credit/debit card you can't be getting anonymity. The anonymity that Changelly offers is changing one crypto to another.

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..

The steem eco system could very easily set up there own e-commerce payment gateway. Why don't they?

Operating a money service business exchange isn't so easy. And credit cards and crypto don't mix so well either. That's why any crypto purchases with CC charge seemingly exorbitant fees. They have to charge extra to cover losses from fraud.

Poor @craig-grant. I agree this is great news about STEEM :p. Thanks for sharing the link, these are the things the network need.

but the comment was about the exchange rate changelly uses which is the means you are promoting to buy steem. Not against it, I even upvoted your post earlier and was thinking about getting some SBD from USD through them, but I also believe the comment is on topic and not promoting the buying of Bitcoin.

Your train of thought displeases me.

Malaysian trains displease me.