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RE: Are You Costing Yourself STEEM Power? - A Helpful Guide to Get the Most STEEM and Steem Power from Steem Dollars

in #steem • 7 years ago

I'm quite new to Steem so let me get this straight: SBD (in theory) should be worth $1 USD but it's currently over 15$, right? Does Steemit, when paying out the rewards, also make the assumption that it's only worth $1 and converts SBD into STEEM at this rate without checking the market price? If so, then we're really missing out! Should we go 50/50 then?

7 years ago in #steem by
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     7 years ago 

    Steemit does NOT check the market value of SBD when converting to STEEM via the convert button in your Steemit wallet.

    Yes, 50/50 is a good choice to get maximize payouts right now. Then go to a market to convert SBD to Steem.

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    • - Author $0.14, 0.00 TRX
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     7 years ago 

    Thank You, it's clear to me now :)

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