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How to Buy Steem (STEEM)

A Step-by-Step-Guide on how to buy Steem (STEEM)

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase one of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive your welcome 10 Dollar.

Binance Signup
Step 2 – Transfer Your Funds to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Steem (STEEM) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate (STEEM) Steem

As soon as your deposit has been confirmed, you will now have access to your finances and you can launch purchasing and trading. To buy (STEEM) Steem on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot (STEEM) Steem, you will need to put the shortname of the coin (STEEM) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “STEEM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Steem (STEEM)
Step 4 – Purchasing (STEEM) Steem

After you have found (STEEM) Steem, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the recent rate (STEEM) Steem was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of STEEM you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of STEEM.

If you are happy, make a mouse click on “Buy STEEM”. Your order will be filled as soon as a Seller trades their STEEM for the price you gave.

Step 5 – Withdraw (STEEM) Steem

Unless you are trading, best advise is not to keep your coins on an Crypto Trader for an extended time frame. To withdraw your (STEEM) Steem, hover over the ”Funds” tab and mouse click on “Withdraw”. (STEEM) Steem can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (STEEM) Steem by using the provided drop-down box. Put into the volumen of (STEEM) Steem you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are happy, click “Submit”. You could be requested for email/phone verification before a take off.

Congrats! You've successfully purchased and safed (STEEM) Steem.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (STEEM) Steem is stored within your wallet, you're finished.