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RE: How To Buy Steem with USD (Newbie Guide 👼🏼 )
MrsLauren, so you're saying that in order to buy SteemPower, you must first buy another crypto ie Bitcoin, or Ethereum? Can you not just buy SteemPower directly with USD? If I buy Bitcoin at a high price, I would assume this gives me a lot less SteemPower, no? I'm not really clear on this...
As of right now, the only way you can buy Steem (to transfer to steempower), is buy purchasing it with another cryptocurrency. You can buy either LTC, ETH, or BTC with your USD and then transfer the crypto you purchased to Steem. If you buy $50 worth of Bitcoin then you can use that $50 worth of Bitcoin to buy $50 worth of Steem. I hope that makes sense :)
Thanks for your reply MrsLauren...yes, it makes sense. However, is there any advantage to buying-in with a cheaper crypto, than Bitcoin, or does it matter at all, providing I'm buying Steem right away? :D
It doesnt matter, because youre getting the exact amount, just in a different currency. But if you're feeling a bit skeptical, my best advice would be just to earn steem by interacting/commenting/posting on the Steemit blockchain, and if you're sincere and write quality content, you will make crypto instead of buying it.