If you're adamant on not using Gmail for whatever reason, there's also Yahoo mail that's been reported to work correctly in this thread.
Or you could simply disable email confirmations until it gets solved.
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I wasn't getting the emails either, I went in to change the option to get emails from your profile-privacy_settings section and after making some changes and saving the emails started coming. And I am using a hotmail email address. So I'm not sure it was a Live/hotmail/outlook problem but something just screwed up with the setting in Steam. Making any change in the privacy_settings and saving it might just fix your problem.
I learned about changing this setting from watching this video: http://youtu.be/khWhARhVSUY
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To the ones who finally got the confirmation e-mails: did you have to resend the offers?
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Anyone feel what i feel right now ??
Note: If your steam account using outlook mail, change to gmail and you will be able to trade again .. tested by me!!
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