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Steem is a cryptocurrency that is built on a blockchain. The Steem token is a digital asset on the Steem blockchain. The Steem token, or coin if you will, is similar to Bitcoin or Ether, but Steem uses “Proof-of-Brain” properties and Steem has a token distribution reward system. Steem claims to be the next-generation blockchain that can run real-time applications with near instant transactions. Steem also has a social network called Steemit, which is a blogging platform that uses Steem coins.
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When it comes to cryptocurrency it is all about the blockchain, which is a digital ledger that records all transactions in a decentralized way. All users on the network can view the transactions and no single authority runs the blockchain. The transactions are also anonymous in nature, making it nearly impossible to track.
Many people are trading cryptocurrencies and using those cryptocurrencies as an investment vehicle. Steem is not yet on the level of Bitcoin or Ether but it has gained a following. To purchase Steem you still have to buy Bitcoin or Ether first and then exchange it for Steem.
How do I buy Steem?
You can buy Steem by using one of the currency exchanges such as Bittrex or Poloniex. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchange it for Steem. You can then send Steem to your sportsbook account and you can withdraw Steem from your sportsbook account to your digital wallet.
BookMaker.eu offers cryptocurrency as an easier, cheaper, safer and more reliable option for deposits and withdrawals. BookMaker Sportsbook is now accepting more than 60 cryptocurrencies for daily transactions. Cash in on the crypto craze while taking advantage of BookMaker’s great Bitcoin bonuses!
Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, SALT, Siacoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, VeriCoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, BitcoinDark, DigixDAO, district0x, Emercoin, Iconomi, Lisk, MaidSafe, Omnicoin, NuBits, Novacoin, TenX, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counter Party.
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