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RE: Why would anyone use the conversion function when they can trade their Steem Dollars on the market?

in #money8 years ago

When you convert Steem Dollars to STEEM by (4), what price do you get? The current feed price, or the price that's true in a week when you actually get your STEEM?

And what's the role of the 7-day price feed delay that the whitepaper talks about?