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RE: STEEM Price Analysis – December 9, 2016
Question for you guys....where are most of you buying your Steem? If the author uses cents instead of satoshi to refer to his analysis, does that mean he is buying and selling it here on Steemit with SBD? Also, if I purchase Steem on another exchange, can they be transferred here? Can I send my Steem tokens from here to another exchange? Any help would be greatly appreciated. Thanks.
Yes, you buy and sell off-site and can transfer to/from your Steem wallet. If you just want to convert from SD to Steem, you can use the internal exchange.
I quote in dollars to make it simple to understand. Not many people know how much 0.000374 BTC is or what a "satoshi" is. And I also use dollars because that's how the wallet and internal exchange is priced.
There are three main exchanges where you can buy/sell your Steem: Blocktrades, Poloniex, and Bittrex.
Thank you!