Steemit and Bittrex

in #steemit8 years ago (edited)

Hello everyone!

Now I want to discuss about steemit and bittrex, as well as explaining about the difference steemit with other cryptocurrency registered in bittrex exchange.

First, What is steemit? Steemit is a social media platform where everyone gets paid for creating and curating content. It leverages a robust digital points system, called Steem, that supports real value for digital rewards market through price discovery and liquidity. Of course with you just make interesting posts and you get an upvote from people you definitely will get the money that can be in the payout within 24 hours.

Secondly, What is bittrex? Bittrex crypto is a next generation trading platform built and operated in the United States by crypto enthusiasts with extensive development and security background or what we are familiar with a digital currency exchange trading or cryptocurrency.

I will discuss the differences steemit with other altcoin available in bittrex

Deposit

We know that during this bittrex only provide one point of deposit for each altcoin, let alone who had 2 years of trading as I certainly know about the deposit in bittrex.
As Bitcoin, litecoin, dogecoin which incidentally cryptocurrency long and settled in bittrex also available with 1 deposit.

But this is very different from the Steemit, bittrex provide a deposit of 2 to STEEM and one for STEEM DOLLAR (SBD).

Now much easier you can click on the steem dollar after that click transfer and enter the username bittrex along with the memo, before it's you have to buy steem with steem dollars in the market steemit itself because steem dollar market last month was not added.

Conclusion

Yup, that's convenience that has been given by the community steemit to make it easier to exchange it into bitcoin in bittrex market.

I was so little discussion about steemit and bittrex, I am very grateful for you taking the time to read the content of my post this time.

Thanks to @ned @dan @dantheman @bittrex-richie @tuck-fheman

Give #Upvote !

Regards,
Rendra Permana

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