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RE: I Tried To Buy 10,000 Steem Last Night, But Failed. I Could Use Some Suggestions, Please.

in #steemit8 years ago (edited)

Yes, of course.
If he is dropping the much money at once, the amount they take will be a bit higher. From my understanding, it is 0.5% per transaction...So it 10,000 steem at $0.095 ($950ish) that's just under $5. Not a huge deal really if you are wanting to do things quick and easy, imo. But I haven't read into it that much, maybe there are hidden fees.
shrugs

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The transaction fee is one part. The most important one is what the rate of exchange is between STEEM/USD compared to the market rate.

Ooooh, understood.

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