You are viewing a single comment's thread from:

RE: SDCD (Steem Dollar Conversion Day) #1 - SPUD Compatible

in #sdcd • 5 years ago (edited)

It really depends at the moment, I think it will probably cost you a little bit:

image.png

1 SBD = 5 STEEM

image.png

So yeah, It'll cost about 0.264 STEEM per 1 SBD you buy and convert, which is quite costly so I'll understand if you don't want to do it. I think I'm losing 50 STEEM on my conversion, but because they've taken off decimals it may be a little better than that. (5.019 I have just calculated from an actual convert)

yeah so it's a loss, probably should put it in the post

5 years ago in #sdcd by
$0.00
    1 vote
    Reply 4
    Sort:  
  • Trending
    • [-]
     5 years ago (edited) 

    .264 per 5 STEEM -> .052 per STEEM
    or
    .264 STEEM per SBD
    right?

    $0.00
      Reply
      [-]
       5 years ago (edited) 

      No.

      Converting 1 SBD gives you ~ 5 STEEM
      Buying 1 SBD from the market costs 5.264

      So you'll lose ~ 0.264 STEEM per 1 SBD you buy and convert

      $0.00
        Reply
        [-]
         5 years ago  

        That's what I mean, I see you've edited the

        It'll cost about 0.264 STEEM per 1 STEEM
        ;)

        [-]
         5 years ago  

        LOL Yeah! Wasn't thinking quite straight. Thanks for telling me!

        $0.00
          Reply