Buy Steem Coin
You can buy Steem coin at any popular exchange that supports it. Coinbase
is a common name, that has a global reach and world wide popularity, when it comes to purchasing cryptocurrencies. Some other ones are - Bittrex
. OpenLedger is difficult and complex for newbies, hence Bittrex is better to use as it has an easy interface. Started at half a dollar, back in 2016, Steem Coin Price is around $5 to $7 now.
Storing Steem Coin
Storing Steem Coin is easy as investors have an array of options available. From online exchanges like OpenLedger and Bittrex itself, to offline Steem wallets, you can store your Steem coins anywhere. For long term storage, Steem coins should not stay in online Steem wallets because of the vulnerability. Exchanges and online wallets are prone to hacking and malware attacks, that is why offline and paper wallets are better. SteemIt and Busy itself are the social media platform that are capable of storing your Steem Coins.
The applications that support Steem coin like eSteem also have in-built Steem coin wallets to store Steem cryptocurrency. Vessel
is a desktop wallet that enables the investors to store and manage Steem coins. Hardware wallets like KeepKey
, Trezor and Ledger Nano S are also some popular choices of investors. Hardware wallets are perfect for long-term storage. As they come with a secure private key that stays with the investor himself. It is not known to anyone else, hence it is completely secure and safe.
Conclusion: Steem Coin
Steem Cryptocurrency is a revolutionary idea where user engagement is coupled with monetary benefits. It makes sense in a way that users, who create and curate most of the content online, get nothing in return. Some users create better content than paid writers, yet they remain unpaid. To fill this gap and to encourage more quality users to contribute to social media platforms, Steem Coin is a fresh perspective.
It is an amazing idea that is sure to bring about a revolution in the way people have been using social media so far. Right now, the users on platform are somewhere around 300 thousand, out of which not many are active. As the number of active users and user profiles will increase on Steem platform, so will the number of votes. Hence, the money that the users can earn too will rise. Steem coin price prediction as of now is unpredictable, due to ever-changing trends. But chances are that it will experience an upward trend in coming years.