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How to Buy steem-dollars With PayPal: Complete Beginner’s Guide

Right here’s how you can purchase steem-dollars (SBD):

  1. Get a steem-dollars wallet (Ledger Nano S, TREZOR)
  2. Get your SBD address
  3. Go to Coinbase
  4. Purchase SBD through a paypal or creditcard or a wiretransfer
  5. Send the SBD to your address

Step #1 – Get a steem-dollars Wallet

As a way to retailer your SBD you’ll need a wallet that may hold them. There’s a variety of wallets that help steem-dollars, nonetheless just a few respected wallets supports each steem-dollars and different cryptocurrencies. Ledger presents two fashions of safe {hardware} wallets that may hold SBD . For those who’re searching for a wallet that may hold SBD together with different cryptocurrencies, together with Bitcoin, Ethereum, and Ripple you gained’t discover a better choice. These pocket-sized {hardware} wallet are basically un hack able, and their user-friendly nature makes for a cheerful crypto life. The 2 available models are the Ledger Nano S and Ledger Nano X (mobile compatible).

Ledger Nano X

Step #2 – Buy steem-dollars with PayPal

Like many different alt coins, for the time being there isn’t a method to buy steem-dollars

Cryptocurrency coins with a creditcard, debit card or PayPal.

Once more,  the best way to get your hand on some SBD is to first head over to Coinbase. the place you should buy Bitcoin, Litecoin, or Ethereum.

To get started Click Here to get $10 Fee Bitcoin

coinbase

Step #3 – Use (Bitcoin-Ethereum-Litecoin) to Purchase steem-dollars

You’ll then use the bought BTC, LTC or ETH to buy steem-dollars . Firstly you’ll have to select a exchange that holds SBD similar to Binance.

You send the currency from coinbase to the exchange of choice utilizing a unique Deposit Address

as soon as sent It often takes a short while for the currency to land within the account, 10 minutes to half an hour (depending on the currency and the exchange used)

As soon as there you’ll then be capable of select the right buying and selling pair depending on which coin you bought from coinbase. BTC/SBD , ,LTC/SBD or ETH/SBD

binance

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