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RE: BlockTrades adds support for USD Tether coins (USDT_OMNI and USDT_ERC20)
I want to buy STEEM with CC or Paypal. Right now to buy STEEM, I have to buy some shitcoin on coinbase then transfer it to another exchange, sell it off, buy STEEM. So complicated and expensive
With bitcoin or Ethereum, you can buy steem easily using blocktrades. 😌 It's fast.
Instead of buying shitcoins and send them to another exchange. Just buy bitcoin or ETH. Then use @blocktrades to exchange it to steem here.💁
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That's what I'm talking about. Bitcoin and Ethereum are shitcoins.
Although I get it... The transaction fees that goes when using Btc or other "shitcoins" following that route 😂 is still something.
It'll be wonderful for one to be able to use PayPal or CC to buy STEEM directly.
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Lol. @mmmmkkkk311😂😂😂.
This is the funniest thing I've read this week😂
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We're working on simplifying the process of buying crypto with fiat currencies (e.g. USD and Euros). Getting thru all the regulatory hurdles just takes a lot of time.
I have talked with simplex about fiat exchange options recently. They have bit higher fees and volume requirements. In case of eSteem those volumes are quite high at this moment to consider partnership but I think you guys have enough volume to integrate with them.
This is actually a good suggestion but given that Simplex take the risk of holding and exchanging base on spot price, it may not be the right move for Steem at this moment. Steem volume and liquidity isn't strong enough to withstand any sort of block selling.