New to steem and wonder how to power up without leaving the platform? Here is how to do it. Forget blocktrades, just let steemit fix it.
Step one
In the wallet, select market from the drop-down menu next to SBD:
Step two
In the buy section of the market, enter the price you intend to pay. Click on the sum you have available or enter how much you would like to spend. Click buy and authenticate with your private key:
Note that if you set your price too low, the order might never execute. Conversely you can sell steem to SBD in the sell section if you think the market is going to crash.
Step three
When you have your steem, select "power up" from the drop-down menu in the Steem section of your wallet:
Enter how much you want in the dialog, click "power up" and enjoy more power to have more fun.
For more advanced users
Trading the internal market can be a good idea to increase your holding. Just remember that in the end you will end up on the wrong side of the market and might end up paying more to get your precious steem. But it is possible to guard your holding when the market is going down. And end up with more steem than before. There is however risk involved in this activity.
For fullblown experts
Select the market where you get best price. Poloniex, Bittrex, wherever SBD and steem is accepted. Just take care and not mess up in the transactions.
Forget about Blocktrades, Changelly etc.
They are good IF you have a currency other than SBD or Steem you want to power up with. As long as it is SBD, there is NO NEED to ever leave Steemit. And yes, they charge an overhead on the conversion. Using the method described here is free of charge.
OK?
