I don't cover this. The reason I bought SBD to change to STEEM is that I can do it gradually over time (my style). If STEEM goes lower I get a better deal. If STEEM goes much much lower I can convert SBD to STEEM with a function in the blockchain. If STEEM goes above $2 I can wait and see.
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Great. Thanks @exyle.
So is your SBD sitting in your Steemit wallet? And, if so, are you powering up there or do you get a better deal buying Steem with your SBD elsewhere?
With other crypto I usually use blocktrades for convenience. (but bittrex gives a slightly better deal). SBD I just trade on the internal market for steem.
So when you trade SBD for Steem @exyle on the internal market, do you not mind that you get a lot less than 1 Steem for it?