WHERE TO TRADE YOUR STEEM AND STEEM DOLLARS For Beginners
There are a lot of exchanges that holds STEEM and SBD cryptocurrency. It is such a joy to see that our very own STEEM is being traded in more cryptocurrency exchanges and I believe there are more exchanges to come soon. Some traders have their favorite exchange while some have distributed their tokens across several exchanges. It really depends which exchange you are comfortable trading with. It also matters on the ease of use and interface that each trader is used to.
It is known that coinmarketcap.com lists all coins tradeable in major exchanges, I have listed the following exchanges based on the market list of each coin to make it easier for you.
Below are diagrams to help you identify the major exchanges that will allow you to trade STEEM and SBD.
OPENLEDGER DEX: https://openledger.io
BITTREX: https://bittrex.com
UPBIT (Korean Exchange) : https://upbit.com
POLONIEX: https://poloniex.com
BINANCE: https://www.binance.com
HITBTC: https://hitbtc.com
OPENLEDGER DEX: https://openledger.io
BITTREX: https://bittrex.com
UPBIT (Korean Exchange) : https://upbit.com
POLONIEX: https://poloniex.com
HITBTC: https://hitbtc.com
If you want a quick exchange of your STEEM and SBD without logging-in on an account, you can also use https://blocktrades.us.
Each exchange have their own strength and advanced features, it is up to you to choose which is best for your STEEM and crypto trading needs.
IMPORTANT POINTS TO REMEMBER:
- Make sure to check and type the accurate URL or address of the exchange website you are accessing. There are a lot of phishing sites that would steal your info account and passwords. It would be much better if you save it in your bookmarks.
- Research about the exchange you want to use. Know more about the company and the team behind it. You can read about reviews or ask experienced traders their recommended exchange sites.
- Familiarize yourself with the interface as some sites have different designs and you sometimes get confused with the buy and sell features of the exchange interface.
- Keep only adequate amount of coins for trading in exchanges. If you plan to hold STEEM and/or SBD, keep it in your STEEMIT wallet.
Better be safe than sorry!
STEEM and SBD has been going strong and are great coins to trade. I hope that many more exchanges will allow steem in their list.
Wow, that's really nice to see that Steem and SBD are trading on many exchanges and inturn that is an good sign because it inturn reflects the number of transactions going on. But i don't use any of them because till now i am not planned to use an exchange and found Blocktrades for effective for me. Thanks for sharing. 🙂
Stay Blessed.
I do use @blocktrades for convenient quick trades. It is also a reliable site. Stay blessed as well, steem on! ☺
I agree with you and thank you. 🙂
It is good to know how everything works before doing them especially with our precious STEEM and SBDs where if you just make a mistake would mean a lost funds or even an account. Good pointers you made there Ate @shellany
Thanks for the additional pointers and appreciating @cryptopie! ☺
Nice basic info... With so many newcomers absolutely needed ;)
Thanks glad to be of help!☺
Thanks for this great resource! I am very new to Steemit and the whole cryptocurrency thing. I have used blocktrades to change SBDs to STEEM but didn’t know there were so many other exchange services out there.
You're welcome! Let's continue to learn together! Steem on! :)
interesting post , thank you for information