RE: BlockTrades adds ability to extend existing Steem Power delegations

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RE: BlockTrades adds ability to extend existing Steem Power delegations

blocktrades (79)in #blocktrades • 7 years ago

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.

7 years ago in #blocktrades by blocktrades (79)

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galberto (73) 7 years ago

Ok i get it without signed thanks a lot.

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diebaasman (58) 7 years ago (edited)

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.

Will the first and second loan both expire after 90 days from the original loan date?
So it's safer and better to do any blocktrades transactions by logging in first?
(Ok, I have now created an account for myself.)
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?
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.

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blocktrades (79) 7 years ago

Hi,

Each delegation is separate and will expire 90 days after their individual creation date.
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.
Each delegation purchased is separate, they are not connected to previous delegation purchases.
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.

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diebaasman (58) 7 years ago

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.

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