Hey @timcliff, considering the price drop of SBD to $0.60 is it cheaper not to use this function to get steem than the internal market?
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Hey @timcliff, considering the price drop of SBD to $0.60 is it cheaper not to use this function to get steem than the internal market?
SBD conversions will pay out less than $1 USD worth of STEEM if the debt ratio is over 10% (which it currently is). The short answer is that it depends. I would not recommend using the conversion feature unless you understand how it works.