Steem Token is another fast rising coin in the cryptocurrency market today.
On this article, we are going to review Steem.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
Steem is a cryptocurrency built for social and content-based blockchain applications like Steemit. Third-party developers can leverage Steem for distributed content management and autonomous token distribution. Transactions on Steem are processed in ~3 seconds without fees.
There are 390,812,774.92 STEEM in supply.
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Pros of Steem
- A lot of investors are ‘flocking’ to invest
- It is now listed on Coinbase
- They are fully decentralized
Cons of Steem
- The coin is still under development
- Multiple issues with its synchronizations between ledgers
Is Steem Legit or Scam?
Due to the high rate of scam in cryptocurrency, a lot of traders have been trading in fear and most have also given up.
According to research, Steem is not a scam coin. It has been listed on top cryptocurrency wallets like Blockchain, Binance and lots more.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Steem on the comment section below. Don’t forget to rate and leave a review.