HOW TO GO FROM 💵 to STEEM
I wanted to get more money in my STEEM account but wasn't sure about the process. So I went through it and decided to write down the simple steps that helped me.
This is just what worked for me:
1) Sign up for a Coinbase.com account.
2) Connect your Coinbase account to your bank.
IF you are concerned about the reach that Coinbase will have then use Ally to create a free checking account. They are a great bank and you can deposit just enough there.
3) Purchase either Bitcoin or Ether.
It would be great if you could purchase STEEM directly but you currently can't do that. You will need to purchase Ether (ETH) or Bitcoin (BTC). In the rest of this I use ETH but the same will work for BTC.
4) Create a Bitshares account.
Go to Bitshares and click "TRY ONLINE EXCHANGE" > "CREATE NEW ACCOUNT" > "USE WALLET MODEL". Then you will fill out the screen to get your account created.
5) Purchase STEEM with Ether / Bitcoin directly on Bitshares by sending it from Coinbase
The next two screens show you the address you can use on Coinbase to send your Ether and get it converted directly to STEEM.
You can take this address and go to Coinbase to withdraw. Once that is done and sent then you will have STEEM in your Bitshares account.
6) Withdraw the STEEM to your STEEM account name
The last step is to just send your STEEM to your account and then you can POWER UP!! 🔥
There are probably other ways to do this but this one has worked well for me. It seems that getting money over to STEEM (or any cryptocurrency ) is not super easy.
Hope this helps and I am just providing this as a reference. Attempt it at your own risk! 👍 😀