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BUILDTEAM Tokens now trading on Steem Engine by buildteam

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· @buildteam ·
$53.85
BUILDTEAM Tokens now trading on Steem Engine
<center>
![](https://i.imgur.com/iVUkLwb.jpg)
</center>

The [BUILDTEAM token](https://buildteam.io/tokens.php) is how BuildTeam pays developers, translators, and everyone else who contributes to our projects. While it's possible to trade the token, staking it provides you with a [passive STEEM income on a bi-weekly basis](https://steemit.com/buildteam/@buildteam/buildteam-announcement-proof-of-stake-has-arrived-stake-your-tokens-now).

Until now, the BUILDTEAM token has only been tradeable and able to be staked on BitShares. But as a team that's focused on the Steem blockchain, we decided that there should be the option to do the same on Steem Engine. 

Because of this, we've worked on a **BitShares/Steem Engine gateway** which now allows you to convert BUILDTEAM tokens back and forth between the two.

## How can I buy BUILDTEAM Tokens on Steem Engine?

If you want to **buy BUILDTEAM tokens with STEEM**, you can do so via the [Steem Engine market](https://steem-engine.com/?p=market&t=BUILDTEAM), the same way you would buy any other token available there.

You can easily see what the current supply and demand for the token is, including the 24h trading volume.


<center>
![](https://cdn.discordapp.com/attachments/514750637926514698/591546052197351424/unknown.png)
</center>

## How does a conversion work?

To convert BUILDTEAM tokens **from BitShares to Steem Engine**, you will have to send them to the **buildteam.gate** account first.

Simply enter the amount of BUILDTEAM tokens you'd like to transfer, and include the **Steem username** of the account you want to transfer the tokens to in the memo.

<center>
![](https://i.imgur.com/cMahTE6.png)
</center>

To convert BUILDTEAM tokens **from Steem Engine to BitShares**, you have the choice between using Steem Engine directly, or using Steem Keychain.

Simply send the BUILDTEAM tokens to **buildteam.gate** and include the **BitShares username** of the account you want to transfer the tokens to in the memo.

### Steem Engine:

<br>

<center>
![](https://i.imgur.com/5rMRMTf.png)
</center>

<br>

### Steem Keychain:

<br>

<center>
![](https://i.imgur.com/jNbuyRV.png)
</center>

## Things to keep in mind

* While Steem blockchain transactions only take 3 seconds, our gateway might need a **maximum of 10 minutes** to process your transaction. It's likely to happen faster, but please keep that possibility in mind. 

    If the transaction takes **longer than 10 minutes**, or if you **forgot to include the memo/entered an incorrect memo**, please contact our customer support on [Discord](https://discord.buildteam.io)! At this point in time, we can only do manual refunds, but are working on an automatic refund feature for the future.

* Please note that, as is the case on every exchange, transfers **to the wrong account cannot be refunded**. Double check before clicking "send" that all information you entered is correct.

* The minimum amount that can be transferred is **1 BUILDTEAM token**. If you send less, your transaction **will not be processed**. 

    Instead, the gateway will **accumulate transactions smaller than 1 BUILDTEAM token** and will send the combined amount to the destination account once the minimum threshhold is reached. Your tokens will not be lost!

* BitShares has **transaction fees** which you will have to pay if you send from BitShares to Steem Engine. The gateway itself **does not have fees**, so if you send 1 BUILDTEAM token, you will receive 1 BUILDTEAM token on Steem Engine.

    It's a little bit different if you send it the other way, because then **the gateway will have to pay the fee**. In that case, the transaction fee will be subtracted from your transaction amount. The fee depends on what the **current BitShares network fees** are, but is typically close to 0.5 BUILDTEAM tokens.
As a result, you will receive a little bit less on the BitShares side than you sent via Steem Engine.

* **The staking process is not changed** for the moment. Staking can only be done on BitShares, but we're working on a staking option on Steem Engine. Right now, there is no timeline for when this feature will be available, but we will keep you updated!

 ---

<br>

|<center>Visit our website for more!</center>|<center>Subsribe to our YouTube Channel</center>|
|---|---|
|<center><a href="https://buildteam.io"><img src="https://cdn.steemitimages.com/DQmbDJHz3NXQ1bEM4N1pGFpdU4iFcFk9TB6UUtsUxTvcmR8/bt-logo.png" /></a></center>| <center><a href="https://www.youtube.com/channel/UCrRw_yqDWwX9ZmTYc7m89TA?view_as=subscriber"><img src="https://cdn.steemitimages.com/DQmTSXgeBNvgDYdACL9puJ9XXMKcvduMS5og6jJMA3qGtjR/youtube.png" /></a></center>|


|<center>Check out @Minnowbooster</center>|<center>Don't miss out on @Steemvoter</center>|
|---|---|
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|<center>**Set @buildteam as your Steem [witness proxy](https://steemit.com/~witnesses)**</center>|
|---|
<center>Set it up today and contribute to building a better tomorrow!<br><a href="https://steemit.com/~witnesses"><img src="https://cdn.steemitimages.com/DQmbuQSE1GqdC1msekYAaJNWr83kPwKykWzC6XGp1L91SQS/image.png" /></a></center>

<center>
<sub>( Want an easier way? Use our SteemConnect [proxy link](https://steemconnect.com/sign/account-witness-proxy?proxy=buildteam&approve=1)!  )</sub><br>
</center>

|<center>**Join our Discord Chat**</center>|
|---|
<center>Get support and connect with us and other BuildTeam fans! <br><br> <a href="https://discord.gg/S37bYma"><img src="https://steemitimages.com/DQmV3vq9X1LuEx1JeHCxPMTSyYDeM8MoaMXe2udAUCPM7B6/image.png" /></a><br><br></center>

***

<center><sub>This is a @steemvoter subscription payment post. Thank you to Steemvoter customers for allowing us to use your Steem accounts to upvote this post by virtue of your free subscription to the [Steemvoter.com](https://steemvoter.com) bot service. @steemvoter is proudly a @buildteam subsidiary and sister project to @dlease, @tokenbb, @ginabot, @steemsports and @minnowbooster.</sub></center>
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 1506 others
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vote details (1570)
@julisavio ·
$0.02
Greetings, buildteam

Excelente news. I buyed 8 buildteam token now at steem-engine

Lets see how it works 

thank you
πŸ‘  
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vote details (1)
@suesa ·
$0.07
Glad to see you putting your trust in us!

Remember that, if you want the payout every two weeks, you will have to stake the tokens on BitShares.
πŸ‘  
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vote details (1)
@julisavio · (edited)
How can i do it??? If i stake on steem- engine it works???
 And, with 8 buildteam tokens, how much steem i will receive more or less??

thank you a lot for help
πŸ‘  
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@masterthematrix ·
$0.03
Nice, the Buildteam Token has been a great success so far I'm glad that you took it to Steem Engine DEX.
πŸ‘  ,
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@suesa ·
$0.06
We always aim for maximal accessibility and community involvement! 
πŸ‘  
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vote details (1)
@steemitqa ·
$0.02
Look good guys!
πŸ‘  
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@suesa ·
$0.06
Thank you! :)
πŸ‘  
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vote details (1)
@steemitboard ·
Congratulations @buildteam! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@buildteam/voted.png?201906280340"></td><td>You received more than 90000 upvotes. Your next target is to reach 95000 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@buildteam) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=buildteam)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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@ash ·
$0.06
would be cool if you could just use the steem-engine stake function... :)
πŸ‘  , , , ,
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vote details (5)
@suesa ·
$0.06
The Steem Engine staking function sadly doesn't fulfill our current needs in regards to staking, but we're working on a solution! :)
πŸ‘  ,
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vote details (2)
@ash ·
awesome! :)
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@hatoto ·
Also reicht es aus, die Token einfach nur zu besitzen um Zahlungen zu erhalten?
πŸ‘  ,
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vote details (2)
@bafi ·
$0.02
I've been staking BT tokens since October 2018 with great results. This is an amazing opportunity to get BT tokens in a simpler way!
πŸ‘  
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@raycoms ·
$0.02
Just tried it out, works almost instantly.
πŸ‘  
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vote details (1)
@eturnerx ·
Great progress! A staking option on steem-engine would be amazing.

Posted using [Partiko Android](https://partiko.app/referral/eturnerx)
πŸ‘  ,
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vote details (2)
@suesa ·
$0.06
We're working on that but can't give a timeline right now. But we will publish an update as soon as it's possible!
πŸ‘  
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@thecryptodrive ·
I would take a rough stab at end of September for that.
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@felander · (edited)
$0.04
just a few small questions:
- Are the BTS-Buildteam and SteemP-Buildteam linked in any way? or are they totally different markets (with possible arbitrage possiblilities)
- Is buildteam providing some of the liquidity on Steemengine or is that just the users.
- Will the buybacks happen on Bitshares alone or on both exchanges?

by the way, I am a big Builteam fan and like the cool passive income you provide twice per month.  Have been steadily accumulating for a long time now
πŸ‘  
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vote details (1)
@reggaemuffin ·
$0.14
The markets are completely user driven as Buildteam itself does not sell tokens. Some of the liquidity cones from our internal team funds while doing first testing to ensure no problems arise. Arbitrage is possible and encouraged. So far buybacks happen on bitshares, we will announce should we change that. 

See this as a first step into expanding our token reach :) 
πŸ‘  , , , , , , , ,
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vote details (9)
@newageinv ·
$0.02
Great news!  An easier way to increase stakes!  Looking forward to seeing the continued development!

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
πŸ‘  
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@suesa ·
$0.05
We appreciate your support!
πŸ‘  
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vote details (1)
@steem-plus ·
SteemPlus upvote
Hi, @buildteam!

You just got a **0.24%** upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in [here](https://steemit.com/@steem-plus) to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
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@flaxz ·
$0.02
Well done, this is the right decision for you and for Steem, it will make it way easier for many more people to participate, stay awesome.
πŸ‘  
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@suesa ·
$0.05
Thank you for this nice words! Everything that helps to engage people more is good for the community.
πŸ‘  , ,
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vote details (3)
@flaxz ·
πŸ‘πŸ˜€<div class="pull-right"><sub><a href="/steemreply/@arcange/introducing-steemreply-stay-in-touch-with-your-steem-network">Posted with <img src="http://steemreply.com/logo-comment.png"/></a></sub></div>
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@arcange ·
Congratulations @buildteam!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20190628) in the following category:

* Upvotes - Ranked 5 with 1496 upvotes
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@angelica7 ·
$0.09
Es una excelente noticia, buena vibra para todo el equipo y felicitaciones por esta gran paso.

Posted using [Partiko Android](https://partiko.app/referral/angelica7)
πŸ‘  
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vote details (1)
@crypto.piotr ·
$0.19
Dear @buildteam

Thank you for providing me with link to this old publication with me. 

Would you mind sharing with me if buildteam token supply is fixed or will it be growing?

I'm just learning about your project and Im trying to figure out what would be utility, where demand would be coming from, where selling pressure would come from too. What's the supply etc. Need to figure out inflation to at least roughly understand your business model.

Yours
Piotr
πŸ‘  
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vote details (1)
@thecryptodrive ·
Hi, our token has a 1 million total  hard cap is distributed to developers at a max rate of 5000 tokens per month. We don’t always distribute the full 5000, and the distributed portion is normall 80% staked depending on the choice of the recipient, 25% staking is mandatory.

Staking gives the holder a share of BuildTeam project nett revenues, projects such as @dlease, @tokenbb @steemvoter, historically it has shown that by staking the tokens you can earn up to 60% ROI in Steem nett revenues.

I hope this helps, any questions feel free to let me know.
πŸ‘  
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vote details (1)
@crypto.piotr ·
$0.12
Dear @@thecryptodrive

Thank you for your prompt reply @thecryptodrive and for sharing more details about your project with me.

I just checked steem-engine market and 5000 buildtokens per month would be worth quite a lot. Would you expect that price of token would maintain it's current level? I mean, 5k x few users ... that's a lot of selling pressure.

I hope you don't mind all those questions. Just one more: does steem-engine allow to create token, reward investors/developers with those tokens and "freeze" them? Meaning: none of those people would be able to sell them for 1 year or so. Any idea? I tried to find such a functionality but I couldn't.

Are you also planning to launch your own tribe and set up your own "steemit.com-like" front-end?

Yours
Piotr
πŸ‘  
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