BlockTrades adds ability to extend existing Steem Power delegations

in #blocktrades7 years ago (edited)

If you have an account on BlockTrades (https://blocktrades.us), you can now login to your account to extend the time period of any active Steem Power delegations you have leased from BlockTrades. Once a delegation has expired, you cannot extend it: you must purchase a new delegation at that point.

Save Money by Extending

We offer a 7 day discount on delegation extensions versus purchasing a brand new delegation. This is because we normally lose 7 days worth of delegation time whenever a delegation ends due to the rules of the Steem blockchain.
So if you purchase a 30 day extension to an existing delegation instead of buying a new 30 delegation, you will save about 20%.

To Extend a Lease

  1. Login to your BlockTrades account and go to your profile page.
  2. Select Steem Delegations menu option to see your existing delegations.
  3. Press Extend button beside the delegation you want to extend.
  4. Select the currency you wish to pay with.
  5. Press the Get Deposit Address button to get instructions on how to make a payment.
  6. Send funds using the instructions given. The more funds you send, the longer the delegation will be extended. You can reuse the same deposit address whenever you want to further extend the delegation.

Steem Delegations in User Profile
Steem Delegations in User Profile Page

Extend Delegation
Extend Delegation Page

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insufficient_funds_in_hot_wallet_to_send_outputHi @blocktrades, I tried to buy a lot of SBD and I'm getting this:

I got this same issue when trying to buy a steem delegation, no idea what it is, but I've got $1k tied up now and no steem delegation in my account yet 😢

Good!
I would suggest adding the link to the blocktrades web site to make it easier for users interested.

https://blocktrades.us/

However i still can't find the way to lease a delegation from you.

Thanks, I usually do, but looks like I forgot this time. If you are leasing a new delegation, go to the "Quick Trade" page after you login, then select a Receive coin type of "Steem Power Delegation" (either the 30 or 90 day version). The Steem delegations page you mention above is for seeing and/or extending your existing delegations.

Thanks I don't know how it didn't occur to me!

A last question, do you propose a prefferential fee for community/non profit projects ?

I purchased Steem delegation from Blocktrades and I'm a happy customer. It gives your upvotes wings.

How you do it?

I can't find the right place to click in their site...

Click on the receive currency tab, scroll down and Steem Delegation is at the bottom. Choose the length of service, choose currency to pay with. Then you're all set.

@blocktrades I am new to Steemit and I just don't know yet what is Steem Delegation and its use. Please enlighten me and it will be much appreciated. Thanks...

You would be better off buying your own Steem to power up if you want to make a profit. The rates don't allow for profit through curation rewards.

A delegation is a temporary loan of Steem Power from one user to another. By purchasing a Steem Power delegation, you can temporarily make your vote more powerful and gain higher curation rewards for your upvotes. We added the ability to purchase Steem delegations earlier this month: https://steemit.com/blocktrades/@blocktrades/blocktrades-now-offering-steem-power-delegations

Thank you so much for this information @blocktrades.

Thanks for this info I am also know this now I appreciate your comments @blocktrades 👍

I did not know, thanks for the information @blocktrades.

Wow simple and effective comment. This is helpful for me. Thanks.

Just thanks I didn´t know this.

@blocktrades now to buy from minnowbooster is more cheap ;)

yes it is just clear, yesterday our society is still confused to continue the delegation.
but there are still questions from me.
how about taking the second (extension) with the same fund, is the delegate (SP) also the same?
habits I have ever hired a delegate, if on the second take-out (extension) it increases. whether on @blocktrades also so?

Extensions just increase the time of an existing delegation. If you want to get more SP delegated to you, you can buy a separate delegation to add more SP. If you have multiple existing delegations, you can individually extend each one (you get a separate deposit address for each delegation).

nice

Amazing option i will use blocktrades to delegates more steempower

Thanks @blocktrades for info...I finding how to withdraw my SBD in many trader.. This is best and the fastest trader that I know... Thanks for a good work and you refund my SBD..keep it up

This is a good way to keep the community growing and a way of helping users to enjoy some discount. Kudos to @blocktrades

Hmm, mine isn't showing up. Is this for future purchases? I would love to take advantage with my current delegation.

It's for existing delegations as well, but as per our original post, you can only extend a delegation if you were signed in to your blocktrades account when you originally purchased it.

Understood. Thanks

@blocktrades What does "The more funds you send, the longer the delegation will be extended." mean?

You earlier in the article explained that you could extend, for instance a 30 day delegation with a 30 day extension (thus saving 20% on the cost of the 30 day delegation..thus presumably basically getting 37 days for the cost of 30).

But then you said "The more funds you send, the longer the delegation will be extended."

?

The 30 day extension was just an example for price comparison against a new delegation. You can extend for arbitrary amounts of time (for example 1 day to 1 year). It's pretty linear for extensions, so a 90 day extension costs 3 times as much as a 30 day extension. And a 15 day extension costs half of a 30 day extension. Our site provide an estimate for 30 day and 90 day extensions of the delegation as a base line (see the second picture on the post).

Ok so it's still buying x amount of time. 'The more you pay the more time you get' is the same thing technically, it just sounded weird to me. Thanks for clarifying.

One of your delegation [@]fatkat is trolling me. He also recently got a notice from steemcleaners for copypasta. Is that violation of your delegation lease terms of service?

Actually I reviewed his overall actions on steem after you made your post about him a while back and decided it didn't rise to the level that justified terminating his delegation.

Sorry to interrupt, November 01, 2017 I am sending 10 Steems to @blocktrades account, but until now BTC has not signed into my Bitcoin account yet. Please respond @blocktrades.


Screenshot_2017-12-01-23-45-23-43.png

Thanks for sharing the information @blocktrades - Steem On!

Awesome, that's a great feature.

That is a terrific feature, also we can do it in advance whenever we like before the expiration.

Good work, every day the platform is better!

Hi, @blocktrades ! I sold some 24 SBD and bought 235 BTS last night, I deposited the BTS to my poloniex accout wallet, however, it didn't arrive. Poloniex support team let me show transaction id, but I only remeber the memo when i transaction my SBD to you. My memo is 8086c24e-43dd-41f0-88d4-fd7917c0b393 .Please help me to find my transaction id. Thank you very much.

wow..it is very interesting. of course i will do it. and i will learn how. this is great for us small fish. but, can not the sp delegate add again? so that we small fish can rise up by not continuing to maintain full power vote? the price that used to make our little fish all happy. thank so much. i like you.

I will learn this when I got home from work. Thanks for sharing!

Blocktrades not working here on Steemit, anyone else having problems? It's not loading

One commenter had a problem using an older version of iOS (i.e. an apple device). The issue went away when he updated to a later version.

Yup same for me! It worked fine after updating iOS

Sorry to interrupt, November 01, 2017 I am sending 10 Steems to @blocktrades account, but until now BTC has not signed into my Bitcoin account yet. Please respond @blocktrades.


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resteemed. Neat feature.

🙈 only neat feature @aggroed

Hello Sir, Please resteem this my post
Click here

Thanks for posting @blocktrades

Great 👍 it has had to start so that people can extend lease as per balance sbd or steem. Thanks 🙏

Thanks for this update. Good to know.

Awesome!
now the user can to extend the lease of his delegate it's a very nice feature!
Thanks for informations

Thanks for the knowledge mentor

cool notification.. thanks

Thank you, @blocktrades for providing such a great service to the Steemit community!

this is very good information @bocktrades.
I used to buy delegates but the time is gone now my money stay a little, surely I will not buy it again for now, I have to wait my money again until enough to buy it, if for now I own again need unag, for the daily life of our family.
because in our place again the rainy season, so I can not work.
because I work as a construction worker, greetings from me for you @blocktrades.

upvote and resteem.


Please add support for Golos and Golos Gold!@blocktrades

Sounds awesome and may have to check it out once I gain enough Steem points. Resteemed to pass on the info

Greetings @blocktrades very good feature! Would you allow me to do the Spanish version of your publication?

sure, anyone is welcome to do a translation

Perfect! I will do it! :)

I also want to translate into Indonesian. Are you permission? @blocktrades

yes, translation to any language is fine

I already translated into Indonesian, thank you sir! @blocktrades

because of your hard work , the steemit community will be better and better , thanks for your sharing .

I look forward trying this feature out. I saw this in the blocktrades area and was not sure what it was about first. This post surely helps.

me encanta esta herramienta espero aprender a usarla mejor

I'm a newcomer @blocktrades, so I do not have the money to buy it. please support for my post.

I have a delegations for one months could extended it or need a new operation for this.
Best regard @galberto

If you purchased the delegation while signed into your BlockTrades account, then you can extend it. If you purchased it without signing in, you can't extend it.

Ok i get it without signed thanks a lot.

Hi @blocktrades. So let me get this correctly.

I did a loan earlier in November but I was not aware that we needed to be signed in with credentials on your site. I added another loan today also not signed in.

  1. Will the first and second loan both expire after 90 days from the original loan date?

  2. So it's safer and better to do any blocktrades transactions by logging in first?
    (Ok, I have now created an account for myself.)

  3. If I sign into Blocktrades next month and take another loan will this be a taken as new loan or join with my previous loan?

  4. I would prefer to always extend my loan each month, will I have to wait for the first loan to expire first or can I do new loan next month by logging into Blocktrades before taking the loan.

Hi,

  1. Each delegation is separate and will expire 90 days after their individual creation date.
  2. It's generally better to login before purchasing, because then we can maintain records of the purchase that you can review later. It's particularly useful for delegations, because we can offer an interface for extending delegations you purchased while signed in.
  3. Each delegation purchased is separate, they are not connected to previous delegation purchases.
  4. Since each delegation is separate, you could login and purchase a new delegation now. In this case, you will have the sum of the Steem Power from both delegations until the first one expires. Or you can wait till the first one expires before purchasing the second one if you don't want the temporary Steem Power increase.

Hi @blocktrades thank you very much for the detailed reply. This helps a lot, I will however just for future use the login details to make things easier. Thank you for the great service and quick support. You are the best.

Hi friend, I want to know If I take the loan from you how much interest I have to pay for it. I have not gone through it, I saw some people specially my friend @markwhittam had also taken the delegation facilities. So I also interested by have some doubt so please friend give the information so that I can achieve success in steemit community. Thanks, wish you a very beautiful time ahead my friend.

There's no interest, you pay the entire price for the delegation at purchase time.

good notification thanks

Thanks for the info

It is good to know the option is there and how to do it , Thank you. I was just trying to decide the other day on this kind of thing

I just love everything about this platform. @blocktrades this is amazing I am signing up for this and you have a new follower.

thankyou blocktrade

Oh! I did the delegation without logging into my account, so I don't see my delegation transactions.

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