You are viewing a single comment's thread from:

RE: Twentieth Week of Growing SP Through Faucet earnings

in #steem4 years ago

I have been using CoinPot faucets for several months and now collect about 1-2 STEEM per day. I convert everything to Litecoin then thru Bloacktrades to STEEM.

Why do you choose Dash?

Sort:  

When I began, Dash was easier to reach the minimum withdrawal value, and was worth more STEEM. I've just checked, and it seems that Litecoin may be a bit easier now that its price has dropped a lot (so we need less of other cryptos to convert to Litecoin). But I did a simulation, and Dash seems to still be giving a bit more STEEM.

As I write this, 0.002 Dash (the minimum withdrawal value) is trading for 0.867 STEEM on BlockTrades. If converted to Litecoin at CoinPot, 0.002 Dash would become 0.00222500 LTC, and trade for 0.858 STEEM on BlockTrades.

Thank you for the detailed explanation. I never went to the trouble to check conversion rates. I just new that Litecoin had low fees and a low minimum withdraw value. I will have to try doing my exchanges with Dash for awhile.