What is the best way to exchange TRX for STEEM or exchange STEEM for TRX?

in GEMS4 years ago

Can we build a STEEM/TRX internal market in our Steemit wallets?

With the new integration of TRX into Steemit.com there is a host of new possibilities, however one that I am having trouble with finding currently is a fast and simple way to exchange one for the other.

Currently in our Steemit wallets we have the SBD/STEEM internal market where one can easily go between STEEM and SBD. I would love to see the same thing with TRX and STEEM where we could seamlessly go from one to other without having to go to an external exchange.

Are there any options like this currently? Is there a way to swap between the two coins without going to an exchange that you know of?

If not, can we get something like this built?

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I would like to trade my TRX for more STEEM. How do I do that?

TRX is very low compare to steem or sbd. loy of confusions

@jondoe, Hopefully Steem Devs will think about it because in my opinion this idea is really worth. Stay blessed.

You can swap your STEEM to TRX, using TSTEEM via nutbox.io

Can I swap my TRX for STEEM?

Yeah, you can do that!

What are the fees like? Is it cheaper than going through an exchange in order to get my TRX into STEEM?

It depends on the pool size. However, I prefer using JustSwap.

once you get to tsteem, how do you get to steem, and what are the fees like?

tsteem is only a TRC20 token on the Tron Blockchain, you are not actually converting Tron to Steem, but you are trading Tron for a TRC20 token tsteem. Currently I am using Binance, send tron to Binance, sell for BTC and buy Steem. Seems like a pain in the butt, but is currently the only way.

tsteem is a wrapped version of steem no? There should be some way to unwrap from tsteem to steem no?

I'm curious as to whether it will become possible to send TRX from our Steem accounts directly to an exchange from the Steem wallet interface without having to involve a free-standing TRX wallet.

=^..^=

A very good suggestion :)
Resteemed