The Magic of STEEM's Internal Market
Need to move some steem to SBD? SBD to steem? There's a market for that. If you don't know how to get there, it's easy.
- Click on the table of contents in the upper right hand
- Go to currency markets
That's it! You're there.
I love this feature of steemit. It allows you to trade the two different currencies for free unlike traditional fx trading which has a bunch of fees. This is a literal "free market" and very rare in the financial world. The only problem is there is not a ton of liquidity at certain times, like I pointed out last night with my other post. The more people that take advantage of this market, the less of a problem liquidity becomes. So take a look, and spread the word!
This is not meant to be financial nor tax advice, for entertainment purposes only. Consult a professional.
I'm always converting SBD to Steem (when conditions favour) with the internal market. I love it ;)
This post has received a 0.57 % upvote from @drotto thanks to: @gunsmithing.