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RE: Re-investing SBD into Steem Power? Consider skipping the Internal Market for the Exchanges.
Definitely it pays to be aware of the prices in both internal markets and exchanges. The fact that there is no fee in the internal market is a strong incentive... However It may require a bit more patience to fill your order...
The lack of fees on the IM is certainly a bonus. However, the fees on exchanges are generally pretty small, so not a major factor.