Lykke joins the list of exchanges supporting the STEEM token.

We are excited to announce the listing of STEEM/BTC and STEEM/USD trading pairs on Lykke!

“Working with great exchanges such as Lykke is very important for strengthening the Steem ecosystem. The opportunity offered by fiat trading pairs in particular offers the utmost convenience for Steem-based entrepreneurs all around the world — we are excited about the potential of such fiat trading pairs with Lykke.” David Jefferys, Manager of Business Development.

About Steem

Steem is an application-specific blockchain tailored for fast, functional, social and content-based blockchain applications like steemit.com, busy.org, d.tube, and hundreds more.

For more information, please visit: steem.com.

Among the benefits of Steem are zero fees and near instant transaction confirmation times. A large number of 3rd party developers leverage the Steem blockchain for distributed content management and autonomous token distribution.

Lykke has listed the STEEM token which is the cryptocurrency that powers the steemit network. Steemit, a social media platform for content creators, allows authors and curators to earn money for producing or curating quality content. The quality of their content is judged by the steemit community, whose members vote up the pieces they like. This way the authors have the means to monetize their effort directly.

The steemit economy is a system based on the free market and meritocracy. STEEM, the project’s base currency, can be withdrawn to the Lykke Exchange and traded for BTC or ETH. Users can then convert BTC/ETH into traditional fiat currency using the withdrawal function on the Lykke Exchange, if they wish to convert their STEEM earnings into cash. For more information visit the project’s website.

About Lykke

Lykke is a movement to build a global marketplace for the free exchange of financial assets. By leveraging the power of emerging technology, the Lykke platform eliminates market inefficiencies, promotes equal access from anywhere in the world, and supports the trade of any object of value.

Its major product offering is a wallet app integrated with Lykke Exchange. From now on our community members will also be able to trade and store STEEM tokens directly in their Lykke Wallet app available for download on Apple App Store and Google Play. Lykke has a transparent fee policy, you can check it here.