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RE: Now we have an exchange in colombia to pass SBD or STEEM to pesos colombianos (local money)

in #steemit7 years ago

Great news :-) We have 1 Business in Panama I know of that is doing great but fees are high as well. Interesting to note that Money Gram, Western union, and almost no banks will do business with him.
When I come to Columbia maybe I'll try this service. I'll need some peso's when I get there. :-)
Cheers

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Yes friend rates are high now because service is starting but i think when they have more volume they will reduce the rates. Regards

well, the markets are so volatile they need a buffer depending on what they do with the coin after they buy, Plus we are making so much in appreciation it doesn't hurt so much. LOL
I had to power-down when steem was less than $1 so lost much money selling, but I am eating. :-)
Cheers

Wow hehehe power down at $1 :( now your steem would cost 5x more

Painful but true, I used to gamble all my Bitcoin away also at $60-80 per unit. I held Millions of coins like DOGE and RDD for years then sold for a slight profit. now a cent each or more! $10,000 USD per 1 Million. LOL
Live and learn.