How to Buy Steem (STEEM)

A Step-by-Step-Guide on how to buy Steem (STEEM)

Step 1 – Signup to Kraken

You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting Ethereum or Bitcoin.

Binance Signup
Step 2 – {Send} Your {Ethereum (ETH) or Bitcoin (BTC)} to an {Crypto Trader}

Your {ETH (Ethereum) or BTC (Bitcoin)} {has} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {similar}. Steem (STEEM) is {available} on Binance, so {we will} use that as an {illustration}. {Unsure} on how to send {funds from Coinbase} to an {Crypto Exchange}? ({Follow} {these easy steps})

Make sure {you've} {selected} the {right} coin you {want} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {Ethereum} deposit address, {et cetera}. {If} {you are} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {unlike} ({Follow} {our manual}).

Step 3 – {Find} Steem (STEEM)

{As soon as} your deposit has been {approved}, {you will} {immediately} have access to your {assets} and you can {launch} {purchasing} and trading. To {purchase} Steem (STEEM) on Binance, {you'll} want to {hover over} the {tab which is called “Exchange”} and{ after that} {click} on “Basic”.

{To} {discover} Steem (STEEM), {you'll} need to {put} the {cointype} (STEEM) into the {search-box}, which is {highlighted} in the {graphic}. {Be certain of having} {choosen} the {proper} {grouping}, {we've} {marked} this {too}. Click on “STEEM/BTC” to {go ahead}.

Binance Hot To Buy Steem (STEEM)
Binance How to Buy (STEEM) Steem
Step 4 – {Buy} Steem (STEEM)

{As soon as} {you have} {located} Steem (STEEM), {you'll} be {presented with} a {Price Chart} (in the Center of the {image}) and {some} Order Books ({on the Left} of the {image}). {And now} {we're} {going to make} our{ own} Limit Order.

The {”Price” field} will be {filled} with the{ most} {up-to-date} {tariff} Steem (STEEM) was {sold} for. {You can change this} to your {desired} {price}. The {”Amount” field} is the {quantity} of STEEM you {like} to {purchase}. The {”Total” field} is the {total} price in {Bitcoin} that {you'll} {settle} for the {whole} {quantity} of STEEM.

{If} {you're} {happy}, {make a mouse click} on “Buy STEEM”. Your {order} will be filled {when} a {Seller} {sells} their STEEM for the price you {introduced}.

Step 5 – Withdraw Steem (STEEM)

Unless {you are}{} trading, {best advise is not to keep} {coins} on an {Crypto Trader} for an {extended} {period of time}. {To} {withdraw} your Steem (STEEM), {go to} the {”Funds” tab} and {click} on “Withdraw”. Steem (STEEM) can be {stored securely} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Steem (STEEM) by using the {given} drop-down box. {Drop in} the {amount} of Steem (STEEM) {you would} {wish} to {take off}. {Take into account} the {demonstrated} {minimus/fees}. Also make sure you have {filled} your {precise} withdraw address.

{If} {you are} {glad}, {click} “Submit”. You {may} be {asked} for {email/phone verification} {before} a {withdrawal}.

Binance Withdraw

{Congratulations}! {You've} successfully {bought} and {stored} Steem (STEEM).

That's it!

{Withdrawals} from {Cryptocurrency Exchange} can {durate} {anywhere from} 1 – 30 minutes ({rely} on {usage of the network}). {As soon as} {you have} {confirmed} your {withdrawal} {using} {Ethplorer.io or Etherscan.io} and the (STEEM) Steem is {stored} {in} your wallet, {you are} {finished}.

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