RE: Crypto Tutorial Basics Part 1 - How To Read A Candle Stick Chart by jakeworkingman

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cryptocurrency · @jakeworkingman · Jul 4 '17

awsome post #seolein im a in the process of building my steemit account  and i would like to purchase #steem  useing my paypal to purchase #litecoin and exchange it to steem ? is this posssible or do i have to use a bank account instead of paypal ?? thanks for the informative post ,, upvoted and followed

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@seolein · Jul 4 '17

Many thanks Jake! To be honest I'm not sure about Paypal. 

I find the best way to go to coinbase.com and buy Bitcoin with USD or EUR. Then send it to an exchange (I recommend Bittrex.com) , there you can easily exchange your BTC (Bitcoin) to STEEM with a 0.25% fee.

From Bittrex you can send your STEEMs to your Wallet here on Steemit website (click on your profile on the top and click on Wallet -> click on Permissions -> Copy the MEMO, this is the string of numbers you will paste in Bittrex as your "SEND TO" address.

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@jakeworkingman · Jul 4 '17

i have a  coinbase account already it wont let me buy any currency with my paypal , it say wire transfer or bank account  , and i was thinking about getting litecoin and exchange it for steem ,  bittrex will exchangew the litecoin?

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@seolein · Jul 4 '17

you can buy Litecoin, send it to Bittrex, change it to BTC (0.25% fee) and then change your BTC to STEEM (again 0.25% fee)... should work well!

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