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Buying more Steem πŸ‘©πŸ»β€πŸ’»πŸ’­

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@fleur
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A couple of days ago, I successfully joined Binance and bought cryptocurrency for the first time. I chose one Ethereum coin because when I was redirected to Koinal for the fiat to cryptocurrency exchange, the minimum unit was one and buying one Bitcoin on a first transaction would have bankrupted me πŸ˜‚. I then used Blocktrades to exchange my Ethereum coin for Steem which I powered up.

I went from a plankton to a minnow in minutes and it was gratifying that my upvote was worth over one cent for the first time since I returned to Steemit in June this year🀣.

For a non technological Steemian, the experience was honestly very complex, so when I repeated the transaction today and bought another Ethereum’s worth of Steem, I had to relearn the process! What I must remember next time, (if I continue to invest in cryptocurrency which is actually quite addictive πŸ˜†) is that I must use Binance.com as a starting point for both transactions (Fiat-Ethereum then Ethereum-Steem) and not try and use the mobile app version of Binance.

Over the past two days, the price of Ethereum has gone up along with most other alt coins including Steem, though Steem had increased only by 1 cent, so it cost a little more fiat on this occasion. Incidentally, I paid using my debit card as I did not want to be charged by my credit card provider as though I was making a cash withdrawal.

In my view, investing in Steem is far more satisfying than using bots for upvotes, though I appreciate that it’s a luxury to be able to invest, @fleur πŸ’­

(Image courtesy of pixabay)

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