Check the Exchange Rates for STEEM against BUSD
| Platform | Steem | Binance-Peg BUSD |
|---|---|---|
| Binance | 1 STEEM | 0.18 BUSD |
How to Purchase Steem (STEEM) Using Binance-Peg BUSD (BUSD)
To purchase Steem using Binance-Peg BUSD, start by finding a cryptocurrency exchange that offers the STEEM/BUSD trading pair. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Then, locate the STEEM/BUSD pair on the platform and place an order to trade your Binance-Peg BUSD for Steem. If the pair is unavailable, you can first exchange Binance-Peg BUSD for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Steem. Be aware of potential exchange fees, which can vary by platform and impact the total cost of your transaction.
How to Exchange Steem (STEEM) for Binance-Peg BUSD (BUSD)
To sell Steem for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the STEEM/BUSD trading pair. Create an account, verify your identity, and deposit your STEEM into your exchange wallet. Locate the STEEM/BUSD pair on the trading platform and place a sell order to exchange your Steem for Binance-Peg BUSD. If the STEEM/BUSD pair is unavailable, you can first sell Steem for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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