Currently there is a "Buy Steem" link in the main menu, and links to "Buy" STEEM or STEEM POWER in the Steemit.com wallet (under the STEEM and STEEM POWER drop-down menus). I just submitted a pull request to make several updates.
Note - this post describes how the functionality will work if the PR is accepted by Steemit, Inc. The pull request has not been accepted yet, so there is no guarantee the changes will make it to the live site. [Edit] The pull request was approved!!
The existing links will now pre-load the BlockTrades.us 'Send' coin with "BTC" and the 'Receive' coin with either "Steem" or "Steem Power" (depending on whether the STEEM or SP link is clicked) so that users have one less step when buying STEEM or STEEM POWER.
There is now a "Sell" link in the "STEEM" dropdown, so users have the option of selling STEEM directly out of their wallet via the BlockTrades.us interface. This will make the process a lot easier for users who are not familiar with the process of using an exchange.
"Buy" and "Sell" links were added to the "SBD" dropdown as well, so users now have the option to buy and sell SBD directly from their Steemit.com wallet using the BlockTrades.us interface.
The pull request can be viewed here:
https://github.com/steemit/condenser/pull/1507
I plan work with Steemit to make whatever changes are requested, so hopefully it will get approved and put up on the live site soon!
Reminder to vote for witnesses!
The Steem witnesses are the elected leaders of the community that power the blockchain. Everybody should learn about the Steem witnesses and vote on who they think is best. If you don't know much about witnesses or aren't sure who to vote for, you can check out this Witness Voting Guide. If you think @timcliff is doing a great job, please consider voting for him as witness! You can vote for witnesses here: https://steemit.com/~witnesses
That's amazing.. Hopefully this gets added for the and rather than the stream as most people are going to be selling only and atm.. Stream is too valuable to be sold.. And not to say the price will increase.
Cheers and thanks for the update
Great, now if it is accepted, I will not have to transfer my sbd to the exchange first that converts sbd to bitcoin and then to my local exchange that gives me money for my btc. The process will be hassle free, also there will be more left for me as there will not be any commissions to pay for exchanging sbd or steem to btc.
Everyone vote for @timcliff
:)
Two things though:
https://blocktrades.us/unregistered_trade/sbd/btc (sell)
https://blocktrades.us/unregistered_trade/btc/sbd (buy)
I could see how that would be very beneficial to many users and help to propel Steemit forward even more.
This would be genius!
Wow, I didn't check that until I saw this post. Thanks @timcliff for this update, I will play around to see what is new. Thanks
There is no sell on my account. is it because i am minion? See the screenshot
The change was submitted to the GitHub repository. There is a process for it to first be reviewed by the Steemit dev team. Then if they approve it, it goes up to the website as part of their next release.
They have reviewed and approved the change, so hopefully we will see it live within the next few weeks :)
Amazing post @timcliff will be investing in Steem with my Ether I am mining with my RX 580 :)
This seems like a great idea! It can be confusing for people who are knew to cryptos about using exchanges. Many have never used a stock trading platform, nevertheless a crypto exchange. The simpler the process can be for people the better. I think. :/
That would be great. That always seemed annoying. I hope it will happen soon
This will be really useful for me as I'm pretty new to cryptocurrency exchange
That is a fantastic idea. Hope it falls into place.
It's good to see that you're taking care of the user experience on Steemit and working to improve the site. I thank you personally for your work, and everyone else who's working to make our community strong and successful.
All the best!
Welcome :)
Wow, this is great improvement of steem wallet, thanks @timcliff, more day more nice to stay here in steemit platform
Thanks @timcliff, super useful feature
i feel i may have contributed to this in some way! great fix! and i think an important one, great work! :)
That is why I have given you my vote. @timcliff work hard, party hard!
Congratulations @timcliff
You took 81 place in my Top 100 of posts
Seems reasonable.
Great stuff. Thank you for sharing. I wanted to vote for witness, but it seems i already did.
Cool, thank you :)
thank you very much for that!!!!!
Interesting, upvoted!
You have my witness vote.
Thanks :)
hehe, and I forgot to mention, I love the idea of your post.
I've downloaded it from Github so I can take a look.
Steem on.
Как бы биткоин-кран соединить со Steemit..( мысли вслух)..)
informative, I'll try this next time :) upvoted!
My votes goes to @timcliff . Following him because of amazing tips I get which adds value
Thanks :)
welcome and lets stay in touch.
I find the recent changes very usefull!
Especially when i found out I shouldn't take the 100%-upgrade-choice but the 50/50-choice. I use it almost daily now!
Lets get this implemented asap!
That would be cool!
what would be the best way to move the $ to your bank? I've heard banks are closing accounts when moving money from coinbase or other cryto related sites...not sure if this is true..if so what is the best way to convert this to cash that you can use?
Sorry, I don't have great advise for that. I've always used coinbase and never had an issue, but I have heard other people have run into issues using them.
buying and selling options directly are great benefits for everyone
Hi @timcliff loved your article but I had a few follow up questions...Is their a cost to this as in a user fee? Also, I am familiar with moving money into Steemit.com but haven't had reason yet to move it out. Not sure really how to convert it back to a Canadian dollar to pay for something like a phone bill etc
When you use the BlockTrades interface to move coins in or out of the platform either to/from other coins (like bitcoin) there is a fee built in to the rate that they give you. Also, when you sell BTC via a site like Coinbase, there is a fee charged for that.
Thank You @timcliff . Now I just have to figure out how to get it to a Canadian bank account right now I am using a credit card to purchase ether on Coinbase and then I buy steem on steemit.
Best Canadian exchange I could find is https://www.quadrigacx.com . They are located in Vancouver, BC, Canada.
#223 -2055 Commercial Drive, Vancouver BC
V5N 0C7
Thank you so much @happyme I will check them out. I have also been looking into some of the new debit/credit card options coming out over the next few months.
When it becomes as easy to use Steem as it is to use Mastercard or Visa, I think there will be a major change in how we do our banking. Exciting times ahead!
I agree completely.
Of course your articles contribute a lot here, you merit to be voted for as witness.
Thanks :)
This option really helpful. When it will display for us. upvote and follow
Thank you for this information, this is an alternative way how to convert steem to btc :)