Hello dear steemians, I will tell you about my idea to help you get better rates both for buying/selling steem/steem dolloars for fiat currency (U.S.D/Euro/INR etc) and it will save you loads of money .
Why did i think of this Idea
Every idea is an outcome of some sort of a problem. I joined steemit last month and got absorbed in this platform and gradually understood the prospects. Now when I wanted to buy steem power I had to buy BTC which I tried using an exchange in India called Zebpay I put in INR 2500 + a transaction charge of around INR 45 approx bought some BTC and converted to steem and what I got was around 13 steem so each steem was coming around INR 200 approx but steem was approx 2 U.S.D (1 U.S.D. is aprox INR 64 ) at that time so I had to pay approx 50 % extra for buying and after selling I will have to give transaction charge and then tax.
So it's too much expenses. And next I will have to think twice before investing.
The fact that India is a huge market if steemit becomes popular in India and people here are new to this cryto currency and most people whom I personally approached to create an account, never created one since they had only one fear that they won't be able to cash out.
But my idea will help not only Indians but people from any part of the world to transact easily and at a higher profit both ways.
I hope if people start using this idea to mutually support each other then Both the buyer and the seller can save huge amount of money and easily transact.
The Idea
In one line let's finish. You can find people in steemit who want to buy steem/steem dollars and directly approach them to transfer the fiat currency amount to your bank or paypal or whatever account and then you can transfer the steem/SBD directly to his steemit account.
These days I come across a lot of trading ideas like the ones used by and
. They trade up votes for SBD and delegation of steem power or loaning SBD etc. Thus I feel my idea is feasible as well and it's not going to cost anything to the one using my idea. I am more than happy to help.
The safety measures you can take
Every idea has it's pros and cons so Safety is in your hands you should deal carefully before trading huge amounts and should look to find some amount of trust factor.
Before any transaction you should always mention the other person involved in the trade and create a post to let the community know (like posts after transaction) and if any fraudulent transaction happens then the community will know and that person won't be dealt with in future.
You should use one common tag ( lemme name it #freexchange meaning free exchange since no transaction fee is involved) for people to easily find the trust worthy people with whom transaction is safe.
After the transaction is successfully done then you can write another post let others know about the successful transaction and people will know that these people are trustworthy similarly mention the people and use the tag #freexchange
I know there are better ways of implementing this idea for taking one more step towards decentralization so that people can have the power on their own hands and won't have to pay for this service to anybody since transfer of Steem/SBD is free in this platform and it happens at a lightning speed. I am sure some brilliant people will think about it and take it forward.
All the best and don't forget to let me know about your feedback how this is going on if you start using this idea.
If you like my post then feel free to up vote comment and even resteem and follow
.
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