RE: Why Can't I Deposit Steem to Steemit?

[cognoscere]

I just did it tonight. Bought some Steem on Poloniex and transferred it to my Steemit account. You use your Steemit nickname and your public MEMO key, and specify the amount of Steem to transfer. Once the Steem shows up in your Steemit wallet, you can power it up. Hope this helps.

Comments

[chamujama]

So you use your steemit username AND your memo key? How so? With tranference of cryptocurrency, you can't make any mistakes or the currency is gone. Is it like this? (I'll use my steemit name and my bitcoin wallet addy in my example): > chamujama1GGFiaj1A1cWEh61hqyBmR1bdMxcrjHgBc < Like that?

[cognoscere]

Here's how to deposit Steem you purchased on Poloniex to your Steemit account. If you have an account on Poloniex, just buy one Steem token (real cheap right now ;-) and try it. After buying your 1 Steem, then go to BALANCES -> DEPOSITS AND WITHDRAWLS, then select the Withdraw action for your STEEM coin entry. Then enter your nickname (e.g. cognoscere), your Memo key that starts with STM, and an amount of 1.0 for this example. You can find your Memo key here: https://steemit.com/@your_nickname/permissions

[oldtimer]

I think that when I'd transfered from poloniex I'd just tipe my user name from steemit, no key. If you try with 1 steem first you can't lose much, anyway.

[cognoscere]

I just went and purchased a few more Steem on the Poloniex exchange so that I could share these screenshots. Good luck!!!

[refollete]

thanks

[verydicey]

I have read the memo key is a mistake to use and doing so broadcasts your key on the blockchain and allows people to send you private messages. It doesn't make any sense to use the Memo key... shouldn't it be the Activity key?

[smartphone]

Thank you. I searched google how to deposit steem into steemit and found this post on steemit. I havent done it yet, but i also bought 10$ worth of steem on bittrex and am going to deposit 5 steem into my steemit account. I will update this and let everyone know if it works. Thanks again!

[dc8]

I'm still wondering whether memo key is needed. Any updates?

[cognoscere]

Glad I could help, good luck @smartphone!

[adubthedon]

This worked, thanks