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RE: The Ultimate Guide for Steemit Beginners: Money, Posts, Design, Topics, Bots, Behaviour, Community and Apps
Thank you so much for this comprehensive guide. I am bookmarking this and will follow your advice! I have one question: In the SBD section, you say "You can always convert SBD to Steem, buy or sell it on the internal market or - and that is in my opinion the best choice - trade it on the market into Steem Power. This way you help the platform, you get a higher influence and you get actually more for each SBD than by converting it directly." To clarify, are you saying that in your opinion the best choice is do sell the SBD on an external market ( like Bittrex for example), then buy Steem and convert it to Steem Power? Thanks again!
No, I don't mean an external market. I am talking about the internal market: https://steemit.com/market
Here you will get more for each SBD than when you just click "convert". I don't quite understand why. It seems that for converting a different exchange rate is being used. Maybe someone who is reading this and has a clue can answer that better. But I am pretty sure that this is the case. Try it yourself to compare.
Thanks for clarifying!
This comment has received a 0.04 % upvote from @booster thanks to: @flauwy.
GOOD I did not get that (been trying to sell.... waited waited ... canceled.. put another bid.. waited... waited... ) just wanted a quicky and there you have it, thank You