How to transfer STEEM from Binance to Steemit!

in #binance7 years ago (edited)

• Tired of "begging" for upvotes in the different discord-channels?
• Wanna get ahead in the steemit game?
• Got some extra crypto laying around?

The exchange binance.com recently made STEEM available, and it is really easy to trade and then transfer STEEM to Steemit. You don't need a complex address full of numbers and such, just only your "username"!
(Enter the username without the "@" sign, thanks @sorin.cristescu for bringing this to our attention).
binance-steem-3.jpg

picture-steem-bnb.jpg
Update! You can trade STEEM with BNB, Bitcoin & Etherium. Have fun! And use this referral link to sign up for binance.com and I will get some kind of bonus: https://www.binance.com/?ref=15718663
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Doesn't work for me. Either I'm unlucky or I'm stupid. Opened a ticket with Binance to see what happens

binanceSteemWdrBug.png

Oh, yeah I misguided you @sorin.cristescu, you need to remove the "@", I am going to try and see if I can update that image. Sorry about that! (image updated).

To be completely honest, it felt very weird to type in my username as my address lol. To add to the value of your post @friendly-fenix I transfer LTC to Binance, convert into BNB, then swing trade alts. The BNB/STEEM pair was very convenient with a low fee. The whole process took like 2 mins, mostly due to the fact that I had to type in google authenticator and confirm the binance-steemit transaction via email... Thanks for your post.

Thanks @friendly-fenix. Would be nice if this was explained in Steemit's settings pages, but it worked. just putting your handle in the address is sketchy but it works!!

Can you withdrawal your steem just as easily straight to BNB? I haven’t tried it personally yet, but use binanace as my main trading exchange and love it. Would be wonderful if it was this simple as well!

@tspink
I changed the article now, (after your feedback), see the new image; that shows that you can trade BNB to STEEM and vice versa.

Thanks for taking a look into that and updating the article! I greatly appreciate all your time and effort and will definitely utilize this now!

Thanks for checking up on me, I like your feedback, it brings a higher value to my post.

Hmmm... Not sure, but I will look into it... Thanks for your valid input @tspink it is always welcome!
=)

@tspink
Why don't you try it and let me know in the comments?

No you withdraw steem as steem and then you can trade it to BNB.

Can you please explain what binance is to me

Hey @maz2000
binance.com is an exchange where you can trade crypto-currencies. You can also send and receive crypto-currencies. They also have their own coin (BNB). And now they trade "STEEM" our local crypto-currency!

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by friendly-fenix from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, 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.

This post has received a 0.39 % upvote from @booster thanks to: @friendly-fenix.

Resteemed upvoted

Thanks it worked.... just bought 100 Steem for .18 cents.... if it keeps dropping I will by more.

Binance Exchnage is listing many new altcoins.
Binance has the highest marketshare today. Read Binance Exchange Review to know more.

nice, how does it really work?

Ha ha, Okay.

1./ Put bitcoin or any other listed crypto into binance.com from your crypto-wallet.
2./ exchange it into to "STEEM"
3./Send the "STEEM" like in the picture above, to your username, and then it ends up in your wallet here on Steemit. (and you can change it to "steem dollars" to buy bots and such services).