You are viewing a single comment's thread from:
RE: World Wild West Web: STEEM, SBD & EOS Are All Riding High. EOS ICO receiving $15M per DAY (And there's still 6 months left to go!)
I'd like to know more about the price of SBD - the exchange I normally use (Coinspot) only has STEEM. And I only have been receiving SBD from my efforts here on Steemit.
IS SBD a separate coin?
If you go to your wallet page and click the menu next to sbd you can go to the market and buy steem with sbd.
Sbd are a different coin that is meant to track the US dollar. Right now it has gone really high but it is designed to come back down. So if you have any sbd, buy steem with it as soon as you can!
SBD is intended to be a reliable store of value that means it can be used for money exchange in every day life. It hasn't taken off as that though and since it's value is now much higher than 1USD it has lost it's attraction as being that 'reliable'. As @littlejoeward stated, it is probably a good idea to sell your SBDs now as they are way higher than they are meant to be and are likely to drop back to 1USD at some point.