Steemit Crypto Academy Contest / S7W1 - Practical Guide on the best way to buy STEEM in Indonesia

Crypto and its development is my main attraction to be part of the Steemit Crypto Academy Contest Season 7 Week 1 - with the Topic Prepare a step-by-step Guide for at least one way to buy STEEM in your Country.

Here are some points that I will describe based on the provisions that have been published:

What is the level of crypto adoption in your country and how popular is the Steem token?

If referring to several reading sources published online, the crypto user population continues to experience significant growth, this is closely related to the Commodity Futures Trading Supervisor (Bappebti) which is the official supervisory institution in Indonesia, I think this is the main reason how users cryptos freely invest their assets into the coins they want.

From the trusted online media in Indonesia, it is stated that until the end of 2022, Crypto Transactions in Indonesia Touch IDR 260 Trillion until September 2022. These transactions were carried out by 16.1 million investors, the increase in investment is closely related to the decrease in the price of crypto against USD or local currency (IDR) so that investors try to continue to increase the assets they have at the time of the current decline in prices.

Currently the popularity of steem has decreased compared to 2017, this is closely related to the population of platform users and the value of steem at that time, when compared to now investors are more likely to invest their assets in a number of other coins such as BNB, and other coins and based on personal analysis some of their crypto investor friends prefer to invest in a number of tokens that have active movements on the exchange. We hope that the growth of the investment climate will grow with this paradigm shift.

Regulations regarding crypto assets as investment assets and not transactions replacing conventional currencies are another reason steem cannot be fully implemented in financial transactions, as well as other coins

Highlight various ways users in your country utilize to buy crypto assets.

The availability of crypto transaction services in Indonesia has made it easy for investors to make transactions (sales and purchases), many exchanges can be accessed in Indonesia and there are several exchanges that provide local currency such as Indodax, UpBit and Binance. Investors can freely deposit local currency and then buy directly BTC or other coins available on the exchange.

Even so, there are also exchanges that cannot be accessed via the local network, users must use a VPN as a solution for transactions. I have been in the crypto space since 2016, back then only knowing poloniex as the main exchange I used. But currently the growth of the exchange is growing rapidly so that users can freely choose the type according to their individual wishes.

Prepare a guide on at least one of the ways to buy Steem in your country (Practical steps with screenshots required).

The first step to buy Steem is to have an Exchange account first, I will give an example of a purchase made using one of the exchanges that I use, namely UpBit

Make sure to verify user data first before making a deposit, identity that needs to be prepared such as an Identity Card and cellphone number, this avoids problems when making withdrawals. Make a deposit in IDR (local currency) or USD if the account has been verified

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From the three pictures above I will explain about the initial guide in buying steem by making an IDR deposit first.
From the first picture it shows that what needs to be done is to open the Upbit application and press wallet, then in the search field enter the currency to be deposited, I give an example of IDR as the currency to be deposited in this exchange.

The next step can be seen in the second image by selecting the deposit menu, then the destination account number will appear which will be used to transfer the desired amount of money.

After obtaining the account number, you can make transfers either via mobile banking or ATM, I will show you a simulation using the Local Bank application.

Enter the destination account number and fill in the nominal IDR to be transferred. Wait a few minutes, the money will enter your UpBit wallet.

After the IDR is in your wallet, you can select the IDR search menu and the amount of money you have deposited will appear there.

The next step is to buy BTC, because currently Steem is in the process of preparing to purchase directly via IDR, at this time I can only explain tutorials on purchasing using BTC.

The picture beside is a guide to buying BTC before buying Steem on the exchange that I use, at the moment I don't have Assets on UPbit, so the guide I made is not a direct transaction.

The steps taken can be seen in the red column that I have made, starting by selecting the purchase menu, then determining the nominal purchase, 100% of IDR assets, 25%, 50% or 75% of the assets deposited earlier via transfer to the exchenge company account used .

After buying BTC, you can buy STEEM according to the assets you have, choose to buy directly or follow the existing price developments. The picture beside shows the current steem trading value, there you can see there is a range of steem values traded on the exchange.

Choose the value of steem against BTC that suits your wishes, then make a purchase according to the percentage of assets you have after purchasing from IDR.

That's a short guide on a practical way to buy Steem through local currency, starting with a deposit on an exchange, buying BTC and finally buying Steem.

How would you rate the ease of purchasing Steem tokens in your country? Highlight the difficulties in buying Steem in your country, if any.

I see that with the regulations regarding cryptocurrency as an asset under the supervision of the Commodity Futures Trading Regulatory Agency (Bappebti), Steem can be obtained/given easily, because direct purchases can also be made on binance, by depositing IDR you can buy steem directly, or you can choose another Exchange like indodax.

The difficulty of being able to buy is almost non-existent, the problem is only for new investors who do not understand the basic methods and principles in cryptocurrency, so a guide is needed. On the other hand, the use of certain banks in Indonesia that do not have transfer access through a Virtual Account provided by the Exchange Admin causes other problems, but is considered not a serious problem.

In principle, Steem can be reached easily, starting from buying and selling it on exchanges that are familiar to people in Indonesia.

What's your opinion on the future of the Steem token? And what method of buying Steem would you like to be made available in your country?

Steem will grow if everyone tries to maintain their ecosystem well, I am more inclined to see that rewards are obtained from publishing posts on the Steemit Platform, If the percentage is more to Steem Power compared to Steem it will encourage an increase in Steem power even though choosing Rewards: 50% SBD / 50% SP.

Then how to encourage the current and future investment climate for Steem through the implementation of programs that are carried out for Steem's growth.

Dependence on the Steemit Team will be overcome if many investors build communities and provide support to those who try to produce interesting content. I saw this in an earlier era where there were lots of communities with Whale accounts. I've been through that phase competitively since 2016.

With the idea of an independent community (hopefully), it can encourage the growth of the investment climate and community independence in distributing positive votes to writers.

Steem will return someday and I believe in this so that I continue to increase Steem's strength and maintain the consistency of 0 Cash Out for 21 months.

Regarding the method of purchasing steem, it is very easy, it's just that it hasn't been released on all exchanges regarding direct purchases using local currency