Similar to SP, SMD tokens cannot be purchased directly on an external exchange. SMD are primarily earned through contributing but can be purchased by converting STEEM tokens to SMD tokens.
Actually Steem Dollars can now purchased on external exchanges !
https://poloniex.com/exchange#btc_sbd
https://bittrex.com/Market/Index?MarketName=BTC-SBD
PS Abbreviation of SBD = Steem Backed Dollars
or just SD = Steem Dollars (not SMD please edit)
hi, thanks for your comment. are you reffereing to my posts?
because if i buy steem, i am able to convert to steem dollars. i was under the impression, that steem dollar get interest, so are not losing money , compared to steems.
but SMD are traded on polo and bittrex?