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RE: Are You Converting SBD to STEEM?

in #sbd5 years ago

I tried selling STEEM on both the internal market and on Bittrex to see if one was better than the other:

When you said you sold on the internal market, do you mean you sold for btc on the internal market? I only know the internal market is steem/sbd, btc not inclusive.

2864.301 and 2,800 = 0.022964285714286

235.488 and 243.579 = 0.034358438646555
Also, when you said you converted 2864 and 2800 steem. I thought you already got 2864 steem using 2800 steem, how come you have both again. Or do I miss a part of the writeup?

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Yes, sold STEEM on the interval market to buy SBD to convert. No BTC involved.

Yes, I got 2864 for 2800. Displaying the numbers again was just to show what percentage profit each approach gave me (internal market vs bittrex). Every situation will be different, so please keep that in mind as well.