Steemit Crypto Academy ~ Time to Trading of SBD into stable coin USDT.

Hello my brautiful Steemit people!
How are you? I hope my all friends will be well. by the grace of God i am also well Today i am talking about SBD coin. Many people will already know about it but this post is only for those who are new on Steemit Platform. SBD is the dollar of steemit blockchain who value considered as One Dollar. About three or four month before, the steem price was very down. But no matter how the value of steem down, the value of the SBD stays around one dollar. My purpose to writing this post is only about SBD dollars. We will talk about Steem in another post.

First let me tell you why we convert SBD to USDT coins. USDT is a stable coin whose value is always considered to be one dollar all over the crpto currency market . But SBD is the steemit coin whose value always considered one dollar but only for steemit blockchain. its value considered one dollar only on steemit But elsewhere, the rate is based on the market rate. Today, its value ranges from 9 to 11 dollor, depending on the crypto currency market rate.

At the moment, the rate is 10.62 dollar. but the same discussion happens again that this stable is not a stable coin. its value will be around one dollar after few days.

So We have a golden opportunity in which we can convert one dollar worth sbd coin into 11 dollar easily.

For this you have to perform a few simple steps which I will tell you in detail. First login your account in the steemit wallet Then you click on a small icon that appear near the SbD, and then go to market and convert SBD to Steem. Then when you have your SBD converted into the steem coin, you can go to any exchange and convert it into USDT.

cc.

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