#steem

The easiest way to buy STEEM directly in Europe - no more crypto conversions needed!

Are you in Europe? Maybe thinking about buying and powering up STEEM, now, or when it goes even lower? Thanks to @simplymike a few months ago I found the best way to buy STEEM for (most) Europeans. The service is called Bitvavo and it lets you simply buy STEEM directly from your bank account with the most used bank connection tools on this little continent of ours.

No more 'buying BTC on Coinbase, converting to STEEM, sending to Steem account via Bittrex/Binance nonsense.

Halleluja.

What does Bitvavo do for you?

You can top off your Bitvavo account with euros via iDeal (Dutch), or Sofort, Bankcontact, Sepa, Mybank - services known in Europe to pay online directly from your bank account. From that moment on you can freely buy any coin Bitvavo lists with your euros.

Screen Shot 2019-08-14 at 16.11.54.png

Once you've bought some crypto/STEEM it's just as easy to convert your cryptos to euros and send them back to your bank account again. Or of course, use this route to cash out STEEM when needed. They have very friendly maker and taker fees that go even lower if you use the service more often, so no fuss there either.

I didn't need to do KYC (with deposits below 5000 euros): just connect my bank account which was a very easy process. The fact that everything about this service works as smooth as the 'big brother' of Crypto, Coinbase, and they have done a great job at answering all possible questions you could have on their website and FAQ, made me feel very confident about using the service.

Screen Shot 2019-08-13 at 22.47.22.png

Buying STEEM

I've tried to send some STEEM from Bitvavo to my account. Very easy to do and it all neatly arrived in my Steem Wallet as well.

Screen Shot 2019-08-14 at 16.22.07.png

_{Simple form, speaks for itself}

Screen Shot 2019-08-14 at 16.24.20.png

_{First time you withdraw STEEM to an 'unknown' account you'll have to confirm from your e-mail inbox}

Screen Shot 2019-08-14 at 16.27.01.png

_{And STEEM magically appears in your wallet!}

Awesome affiliate program to top it off

Last but not least, they offer a great affiliate program:

Every user you invite does not have to pay any trading costs for the first € 1000 in the first week. Save your friends costs by inviting them through your affiliate link.

So I offer you my invite link, which helps both me (a portion of your trading fees) and you (no trading fees for the first week/1000 euros): https://bitvavo.com/?a=555DB85EE6.

Just wanted to share as I'm personally getting myself ready to buy a bit more and maybe you want to do the same.

I realized through some chat conversations and reading several blogs on Steem that many people still do a lot of conversions via BTC/LTC/ETH before they get their hands on STEEM - which at least in most European countries is not necessary anymore.

I'm personally excited I can buy smaller amounts of STEEM as I don't feel like I'm loosing too much value while converting Euros to BTC or LTC and then to STEEM. With this method even buying 1-10 STEEM at a time is worth it because there's almost no friction in doing so. Hope you'll enjoy it and if you do:

Let me know if you decided to try out Bitvavo and if you have any observations about the service you want to share!

Comments · 40

@barbara-orenya(75)· 2564d
Oh my, I'm discovering your post to late to upvote it but thanks a lot for this priceless info @soyrosa 😉 Until now I have used Kraken and I was kind of accustomed to buy Steem with it but this is nevertheless a painfully long process that I would be so glad to fasten and make easier, still.. !! 😉 I'm bookmarking your affiliate link
@jedigeiss(74)· 2566d
hi @soyrosa, just checked the possibilities and it seems this is really a cool option to get hold of a bit of crypto without too much hassle. Will test it and will for sure use the link of yours :) Thanks!
@sniper555(54)· 2566d
Amazing
@crypto.piotr(65)· 2566d
Dear @soyrosa

I just bumped into your recent publication and I cannot express how I found it valuable. It always frustrated me to go through such a complicated process, just to purchase STEEM.

I wonder if they do operate also in Poland.

Thanks for sharing this ref link. Will use it to register and check out this platform right away :)

Yours Piotr
@jaki01(77)· 2566d
Sounds very interesting ... I will test it soon.
@xpilar(75)· 2566d
Hi @soyrosa

Can't get paid with Norwegian visa card oh not with my shrill card either
@xpilar(75)· 2566d
Hi @soyrosa

Thank you for this great information you provide here I use your link and register right now

Re-steemed

Later I will create some info / blog about Bitvavo when I see how it works. Thanks again for sharing about Bitvavo
@englishtchrivy(73)· 2567d
bedankt voor het delen! ik ben benieuwd!
@ocdb(77)· 2567d
You got a 35.61% upvote from @ocdb courtesy of @soyrosa! :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 15 SBD and the equivalent amount in STEEM. Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)
@dboontje(63)· 2567d
Hi @soyrosa, als ik tijd heb zal ik vanavond ook eens gebruik maken van je link om Steem te kopen. Alles wat ik moet weten staat in je post neem ik aan?

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@wakeupkitty(72)· 2568d
That is why I use Bitvavo as wallet and no longer coinbase. 👍💕

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@simplymike(69)· 2569d
LOL, I never thought about writing a guide. Good thing you did! I didn't even know about the affiliate program - crappy marketer as I am. ;0)

Bitvavo has made it too easy to buy Steem for me. Ever since I discovered the service, I've been spensing way too much!
@miti.blog(64)· 2569d
Very interesting! Thanks for sharing! I will try it as soon as possible.
@arcange(79)· 2570d
Congratulations @soyrosa! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 4 with 70 comments
@steemitboard(66)· 2570d
Congratulations @soyrosa! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 10000 comments. Your next target is to reach 11000 comments.

_{You can view your badges on your Steem Board and compare to others on the Steem Ranking} _{If you no longer want to receive notifications, reply to this comment with the word STOP}

Vote for @Steemitboard as a witness to get one more award and increased upvotes!
@anttn(76)· 2570d
hey, thanks you a lot @soyrosa !!! this will be very useful :)) also to escape a bit the coinbase monopoly too..! I we suscribe with your link :-)
@demotruk(75)· 2571d
Those taker fees seem too good to be true. For buying Steem directly with fiat Do they also take deposit fees or any other hidden fee?
@neoxian-city(68)· 2571d
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@hans001(59)· 2571d
Well I just buy ltc with cash and send it to uuhhm I'm blacked out and they send steem to your account automatically. I heared of bitfavo earlier.

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@newageinv(74)· 2571d
Seems like a great interface with ease of use which is exactly what we need more of! I wish something like that would exist in the US!
@fareast-history(47)· 2571d
More fiat gates-more success!

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@niallon11(77)· 2571d
I don't need it to buy STEEM as i've already picked up some at these prices but it looks great for cashing out some in the future. If STEEM ever gets back over $5 it will be nice to sell some as we earn it.
@toofasteddie(77)· 2571d
Excellent information! I am going to use it as well!

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@paulag(74)· 2571d
Nice find 😁

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@atnazo(77)· 2571d
Good news for everyone who want buy crypto without exchanges!
@greencross(70)· 2571d
very nice, thanks a lot. will use your referral soon :)

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@bluerobo(70)· 2571d
A very helpful PSA. Gonna need it at 0.1 :D

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@ashtv(71)· 2571d
This looks ace. I’ll be giving it a try ASAP.

Quick question though; for a simpleton like me, I don’t know much about fees and how they work... Does the invite mean that if I buy £500 of STEEM, does any of that 500 get taken? Or is the fee less nature for the first week as it says... there are no fees on my bought STEEM?

Posted using Partiko iOS
@bubke(61)· 2571d
wow, i just arrived in Europe with all intentions of getting some steem/crypto, what a timing, will try it out tomorrow

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@stevelivingston(67)· 2571d
Good find. Will give it a go with your link

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@amahovac93(69)· 2571d
Looks good, but how much are the fees?

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@beerlover(65)· 2571d
nearly forgot to send you a !BEER
@beerlover(65)· 2571d
Whooot, that is cool. will use this next time.

Do you know if paypal is on there upcoming payment ideas?
@mindtrap(75)· 2571d
That’s awesome sis!!!

I’ll give it a shot and let you know. I am about to buy some too. Do they use Authenticator or anything of the sort?
@travoved(68)· 2571d
Looks great!👍 I wonder does it work for Russian citizens? 🤔

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@sathyasankar(65)· 2571d
Obviously a good news for steemians from Europe. Hope such a thing come to India soon.
@resiliencia(75)· 2571d
Gracias por compartir. Me lo apunto!
@lauch3d(66)· 2571d
ill resteem this to the German community. Sounds very interesting.

Nuuu we are not listed >:( but at least the austrian people ...as always :D
@starving(56)· 2571d
Simple and easy that's more like it :D
@abh12345(80)· 2571d
Super :)

Bookmarked for next time and I'll use your referral when I join.