Looking for Steem Dollars? Find SBD Price, Exchanges, Reviews, Chart, Historical Data & SBD Marketcap
Steem Dollars (SBD) Ranked 264 in Coin Market Daddy Currencies Index. Steem Dollars (SBD) price is $0.749335. It has a current circulating supply of 8,492,793 SBD and a Marketcap of $6.36M. Today Steem Dollars price is down (-0.05%). $82.4K worth of Steem Dollars (SBD) has been traded in the past 24 hours. Steem Dollars (SBD) currency type is coin. SBD trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Steem Dollars (SBD) and contribute to CMD Cryptocurrency Encyclopedia.
Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the Steem.it platform. SBD are pegged to the value of the USD and can be redeemed on the Steem.it platform for about one dollar worth of Steem.
When Content creators receive rewards on the Steem.it platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period. SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform.
NEWS Steem is the first and the most advanced crypto social network at the moment. On top of it it has multiple products built on it. Basically this is one of very few cryptos with real purpose and a working product. This alone is a massive advantage which might result in a good gains for investors, sinc