Recently, when I transfered 53 SBD when it was trading about 2$, I noticed that blocktrades took a very high fee. I don't recall how high but it was around 3-5%. I have traded in shapeshift and their fee is generally much lower.
I have stopped using blocktrades. Now I use openledger. It is still not that good but better than blocktrades.
Blocktrades price are always high from the start, but he does say it on his site, even tho i stop using bt all together, i transfer steem to bittrex and sell it for btc, if i want to go the other way i buy steem on bittrex with btc and transfer into steemit, i avoid bt at all cost.
Thanks for the information. I am new to Steem and I was wondering what was the best way to purchase Steem. Since I already have a Bittrex account, I plan on following your advice
buy it from there and transfer it into steemit to power up without going into bt.
I've also stopped using blocktrades due to fees, I have started to use market.
Me too