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RE: SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

in #steem8 years ago

And what closes the loop? Only the owner of the Steemit-Market who takes deposits in BTC, sell STEEM at $3.80... then buys STEEM back at $3.00. So this is by design so owner can charge a 30% exchange fee to n00bs.

Coin Marketplace

STEEM 0.21
TRX 0.13
JST 0.030
BTC 67164.91
ETH 3518.77
USDT 1.00
SBD 2.71