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RE: How to use BlockTrades to exchange cryptocurrencies
Thank you for this very informative post @blocktrades. I have used your services before and have found them very reliable.
Given our Steem Community has 3 different "cryptos," do you have any links to "strategies" involved in buying one or the other and timing? Specifically, for example, we can all use BlockTrades to simply convert BTC directly to Steem Power.
Is there any benefit, instead, to purchase SBD or Steem and go through the conversion process to Steem Power?
Love for you
There is effectively no difference. When "transferring" SP it's actually powering it up from our account into yours, so it's the same process with one less step.
Sometimes you may see slight discrepancies in the prices on our website, but this is simply an artifact from the timing of our system and how it calculates the conversion numbers for the front page. Steem and SP are fixed at a 1-to-1 value, so there will be no difference between the two.
OK, thank you for the response @blocktrades-help. Probably should have mentioned in my original message that I was first made aware of this possibility of a "strategy" in a post by @exyle (if I am understanding correctly, he is one of the top Witnesses, so presumably his input carries some "weight") ...
I am quite sure he refers in there to some sort of benefit to purchasing SBD and then sort of "strategy" from there vs. simply buying SP through BlockTrades. However, it is not "spelled out" clearly (to this reader at least) exactly what the step-by-step process would be ... That said, it almost certainly needs to be linked to timing of some sort, i.e. buy one, wait for some "price signal," take the next step, etc.
Steemin’ along and on the move ... Posted using Partiko Android
I sent 94bitshare to be converted to steem but up till now I have not see any steem in my account ,unlike before what is happening
Hey, sorry we didn't see this comment until just now!
Send us an email to [email protected] including your BTS account name or the specific transaction hash if you're still having trouble.