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RE: How to Exchange JPY ¥ to STEEM & vice versa 🎌💴

in #tutorial4 years ago

@abbey701 hi glad this post helps. Please ask me anything that you still don't understand.

There is no Japanese exchange that handles STEEM. So you use two exchanges, Binance and bitflyer.

yes, if bitflyer listed STEEM on their exchange then we can just buy STEEM directly there with JPY then transfer the STEEM into our steemit wallet. For now, we have to use second crypto exchange that listed STEEM on their market exchange such as Binance, that's why we have to go through many steps to get steem into our steemit wallet.

Great that you have read steemit FAQ. I actually never read the FAQ.. but I have to read some sections as I prepared the task for newcomers. You can check this post too on curation and delegation just for your additional understanding about steem blockchain https://steemit.com/hive-172186/@cryptokannon/achievement-6-understanding-curation-and-community

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@cryptokannon
Thanks to you, I could imagine how to exchange STEEM. I would like to try it in the future. My reward is still small.

By the way, I had a better understanding of Delegation from the link you provided.Actually, I didn't really understand delegation.
My English isn't good enough, but more than that, there are still many things I can't understand about steemit...

I really appreciated you delegating SteemPower to me!! You previously wrote that I don't need to return them. But I feel sorry for you,and I think it is better for me to return to you. (Not now,but in the future.)

For that, I need to have more SteemPower, but it seems too hard to get...
In fact, I still don't understand the benefits of having more SteemPower and increasing influence in the steemit community.
When posting an article, there is a way to set SteemPower to 100% and gain power, but I do not know whether I should do it...
First of all, should I have a lot of my own SteemPower to increase my influence? Is this the most efficient means??

I still don't understand much...
Thank you for always teaching me!!

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