Actually, the major issue with the conversion of HBD to hive is liquidity. While 5% is very large an amount for conversion, if there is enough liquidity, the decentralized market could be used without impacting the price much
Posted using LeoFinance Mobile
Conversion and the internal exchange are two different things. The 5% is on conversion, turning HIVE into HBD. The Internal exchange has no transaction fees. And there is some liquidity there through the HBD stabilizer which is 1% below the highest bid price (I believe).
Posted Using LeoFinance Beta
Okay but I have seen people having issues with buying large amount of HBD due to purchasing the coins at different price in the Internal market.
Posted using LeoFinance Mobile