RE: Chapter 1 of 11: Have you recently Sign up on Steemit and Don't know what to do First - Basic Things for New People make their way easier on the Platform - Part 1: What you need to know to be more confident & get rewarded on the platform?
@mrdupin accoridng to my research sbd is a crypto from the steem blockchain that is pegged to the USD in the sense that its minimum will always be 1 USD. Talking about the other side, it can go up above $1 without a barrier. It is planned as a more stable crypto than steem, and as it has much less marketcap, with much less investment on it, it can go up a lot faster than steem.
It happened a few weeks ago that SBD went as high as $16 I believe, which was 10 times much than Steem. So, if you exchanges on the internal market (something I will be talking about in more detail in chapter #2 of the wallet), you could get 10 steem for every 1 sbd. Now its around 3 steem for 1 sbd.
Hope this answers your question a bit.
Thanks for your support and looking forward to see you on future posts.
Regards, @gold84