Amazingly i have stayed glued to steemit since i joined, making considerable progress each day. The achievements tasks tutorials by @cryptokannon has been an awesome companion tool for me this far beginning from achievement1 task to achievement5 task 2 for which am about to make a review in this post.
In this post i shall be giving out a review of #steenscan.com.
One of the vital aspects in the Crypto space is the ability to exchange crypto into fiat (a process that is often termed as “Cashing out”). Crypto users need a quick and convenient means of exchange. I remember back in the days when I had just started blogging on Steemit, I had no idea of how to withdraw my earned steem. It was a very puzzling moment for me as I had to heavily rely on other old steemians for help in executing withdraws for me. They always charged me some fees for helping me out in the withdraw process." Source
Steemscan.com provides for a medium for which various user-friendly steem exchange tools are found in order to always run withdraws independently for security purposes and also avoid being taken advantage of by some other forks for their lack of knowledge on how the withdraw algorithm works out.
What is steemscan.com?
Steemscan.com is a steem exchange tool built on the steem blockchain. It is used in converting steem into other cryptocurrencies such as USDT, BTC, TRX. Steemscan was developed by @futureshock and @roadofrich. It is a user-friendly tool that can easily be understood by even a first time user. The other beauty about the steem scan tool is that it requires no KYC for someone to use it.
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steemscan.com has some major features such as Quick convert, witnesses, Dapps, and Lastest transactions.
QUICK CONVERT
This feature provides for the for the possibility of quick conversion. As seen in the image above, you enter the number of steem you wish to convert and then you select currency you want it to be converted to, it could be USDT, BTC, OR TRX. Once you enter the amount of steem you want to convert and select the currency of your choice, a menu from steem pops up for you to enter you active key to validate the transaction.
PROCESS OF CONVERSION
This process typically follows five main steps;
- Enter the amount of steem you want to exchange.
- Choose your desired Crypto you want to convert your steem to such as USDT, BTC or TRX.
- Enter the withdraw address to which you want your converted crypto to be sent to.
- Click create order
- Confirm the transaction by entering your active key in the steem login prompt.
It advisable to convert to TRX than BTC and USDT when transacting with small steem because of the relatively higher fixed fees charged on the later cryptocurrencies.
WITNESSES
Steemscan.com provides an easy interface that enables users to vote for witnesses. Once you are the witness feature, you find a long list of the various witnesses with their information from where you can choose from to cast your vote on any of them in a very seamless way. As seen in the image.
Dapps
Steemscan.com has a collection of various steem dapps sites which enables a steem user to locate them quickly and use them as desired.
CINCLUSION
LASTEST TRANSACTIONS
With steemscan, steem users are able to see the various latest transactions happening on the steem blockchain including Voting, comments etc. This feature has characters which are tabulated under various headings such as: Block ID, ID, Sender, Receiver/Permlink/Id, Type,Amount/%/Payload.
Making my achievement 5 task 2 post has been a great deal for me as i took out time to study through the resources provised. My appreciation to @yohan2on for the explicit materials to follow through to make this post and to @cryptokannon once again for this achievement task and also my appreciation goes to @futureshock and @roadofrich for development of #steenscan.com it is very easy to understand and convenient to use. Not forgetting my mentor @focusnow your support to this level has been enormous second to know.
Thank you