Steemit’s internal market is used on a daily basis. For many the transaction is simple. SBD earned as post rewards is converted to STEEM. However for some, the internal market is also used to trade SBD/STEEM on a daily basis.
One of the benefits of using the internal market is zero cost. Unlike other exchanges, there is no cost in using Steemit’s internal market to trade. But there is also some drawbacks. One of which is the lack of visualisations. The Steemit internal market only shows Market Depth, open orders and a limited view of recent closed orders.
To address this issue of lack of visualisations and to aid those that wish to trade SBD/STEEM on the internal market, I have devised some visualisation which I intend on sharing daily.
Over time I hope to improve on this report by adding more analytics that will aid in your decision making.
Snapshot taken 10:15 GMT 9 Mar. 18. Time shown GMT
1 Jan ‘18 to Present – Daily Spread, Average Daily Exch. Rate, Daily SBD Volume
Yesterday 15 min Average Exch. Rate and SBD Volume
Today 15 min Average Exch. Rate and SBD Volume
1 Jan ‘18 to Present –Average 1h Exch. Rate
10 Day – Average 1h Exch. Rate
Yesterday – Average 1h Exch. Rate
Today – Average 1h Exch. Rate