Buy Cryptocurrency With Fiat Anywhere In The World- The Easiest Way - SwapSteem Exchange + SWEET Token Airdrop Details

in #swapsteem5 years ago (edited)

bg5.png

It could be a really frustrating hassle trying to buy bitcoin as a cryptocurrency newbie whilst trying to avoid being scammed and what not. I always tell anyone, I don't avoid being scammed, I only ensure I protect myself. Well, do I protect myself? kind of, have I been scammed? not really, thankfully. Sometime lastweek a friend caught the crypto-fever and immediately wanted to buy some steem from U.S.A and asked me about it, binance and a couple of other exchanges rejected his credit card because it was B.O.A issued and Luno which I use was also unavailable the States. There are countless laws and regulations concerning the purchase of cryptocurrencies which varies in different location and institutions causing a huge dent in crypto mainstream adoption.

He was left with only two choices, contact a friend who was in Canada and send him money though paypal, who will then purchase the equivalent crypto of choice through Netcoins, and send it to his wallet. OR send me the money through paypal, then I purchase through Luno and credit his wallet with his desired crypto. Other than these, I ran out of options. So in essence, if he had no friends in the locations where crypto could be purchased, his plan would have met a dead end. But even this method cannot fly without trust. This is no doubt a feat in the FIAT - CRYPTO gateway system, and even though a lot of people who already are in the cryptosphere might have other convenient ways of purchasing crypto with fiat, the knowledge for noobs is definitely scarce.

INTRODUCING SWAPSTEEM EXCHANGE PLATFORM

A FIAT - CRYPTO gateway that combines the power of the steem blockchain with escrow service. Escrow is basically keeping money, bond, document etc in custody or trust until a specified condition has been fulfilled. Swapsteem is an open source project, recognized and supported by @utopian-io.

How does SwapSteem work?

We have installed a dynamic system on the SwapSteem UI, where trading parties signal each other for instant trading, and we connect the trading parties together to relate their terms and conditions of trade,and upon agreement a trade is initiated between the users. source

Quite easy by my understanding. Through the U.I, a user creates an order to trade FIAT-CRYPTO, or sell CRYPTO-FIAT, an escrow agent provided by the platform checks to see if both seller and buyer have obliged to and met with the conditions of the agreement, and then approves it

bg5.png

The unique thing is that SwapSteem offer users a secure fiat market for traders to exchange cryptocurrency for local currency through bank transfer or paypal, eliminating location based regulations and restrictions.

Immediately a trader clicks on the buy/sell button. A trade contract is initiated where the seller places the Steem/SBD in escrow. Placing of Steem/SBD into escrow is an automated process using the Steemsmartcontract provided by SteemConnect (with one click). source
Once the buyer realizes that the Steem/SBD is securely stored in escrow, the buyer can safely send fiat/Crypto to the Bank/Paypal/Crypto address provided by the seller in the sell order. Without a secured escrow, the seller could disappear upon receiving payments from the buyer. Once the buyer makes payment and clicks the "confirm button," the seller won't be able to cancel the escrow. Immediately the buyer has made full payments to the specified account/Paypal/Crypto address provided by the seller in the sell order, the seller needs to confirm payment by clicking the "confirm button" and patiently wait for the seller to confirm the receipt of payment which will automatically release the escrowed steem/SBD to the buyer's Steem account wallet. On the off chance that the seller/buyer doesn't fulfill their end of the deal, inside the three days window given to complete the trade. A dispute resolution process is initiated by the affected party.

Through this escrow system, the buyer and seller transact safely on the steem blockchain. There is growing amount of acceptable currency and cryptocurrency for trading on the exchange, this makes the platform widely accessible and useable, bringing ease to the nerve recking FIAT-CRYPTO gateway issue and making a potential way for mass crypto adoption.

This is the first and only platform to offer this service, talk about publicity for steem. Good times ahead people, good times ahead. Will you like to know more about Swapsteem? Read here.

Swapsteem is running a SWEET Airdrop!
@swapsteem has decided to AirDrop 2.1 Mil of our platform utility tokens SWEET, which is 10% of the total supply, to the steem community in return of support to the project as announced in our posts Participate in the SwapSteem Airdrop and Claim your SWEET TOKENs and SwapSteem SWEET'Drop is Live - Claim your SWEET Now!.

Here are the rules

Like to use my referral? Click here

All images are from swapsteem.com


vg.JPG





GIVEAWAY!!!!
I have 4 different steem monsters card to give away, and what you have to do is very easy.

  • Use my ref link to sign up on swapsteem
  • Go to my site at steemhosting.com/kilimanjaro
  • Subscribe to my email list, just submit your email at the bottom of the page
  • Resteem
  • Show me a proof in the comments.

That's all, easy peezy

The Catch

I'm running, JSECOIN code snippet in my site, my site is basically new and I'm trying to monetize it, so the best way for me will be to drive traffic there somehow, and get rewarded with JSECoin, which you can too if you own a site, so please work with me guys, visit the site and play around while the JSECoin code snippet uses your free processing power to mine without disturbing you the site visitor one bit. So till I come up with a more interesting way of keeping you glued to my site, giveaways will be my best approach. So lets get to it.

P.S

I will randomly pick the winners from the comments below....last time, I did a comment first, win first thing, this will not be so, and results will be paid out when this post pays out.

Thanks for understanding and participating...


Sort:  

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by mistakili from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Is it as easy as signing in?

Posted using Partiko iOS

Hmnn...yup, gotta try it.

Posted using Partiko Android

Ok, thanks. I signed into it. Haven’t done anything with it yet, however.

Posted using Partiko iOS

Thanks, the use will come eventually

Congratulations @mistakili! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 20000 upvotes. Your next target is to reach 25000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

The Steem blockchain survived its first virus plague!

You can upvote this notification to help all Steem users. Learn how here!

You got a 6.36% upvote from @ocdb courtesy of @mistakili! :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 45 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)

Thanks for sharing, upvoted you!

Also, if you are looking to get some tokens without investing or mining check out Crowdholding. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform.

They are already listed on CoinMarketCap and have over 36k signups. They are growing even during the bear market.

You can join up by clicking on my referral link and you get their token for just completing your profile. Start earning crypto without investing or mining today.

https://www.crowdholding.com/accounts/JonnyDee/referral/

Thanks for the info

Coin Marketplace

STEEM 0.33
TRX 0.11
JST 0.034
BTC 66579.21
ETH 3282.19
USDT 1.00
SBD 4.30