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RE: QuadrigaCX: The Plot Thickens
I don't know if it's true or not but someone said if you buy from Blocktrades you get one steem for one dollar regardless if the price of steem is lower. Is that true?
I don't know if it's true or not but someone said if you buy from Blocktrades you get one steem for one dollar regardless if the price of steem is lower. Is that true?
Just go to https://blocktrades.us/ and find out
Currently
100 STEEM will get you 30.124 SBD
Now, what you are probably thinking of is the internal conversion (done by the steem block chain). Where it does give you $1 worth of STEEM, no matter what the SBD was worth.
When this started, STEEM was always less than $1, so it was easy to keep the SBD peg to $1. But, lately it has been all over the place.
This conversion feature has been turned off in steemit.com
If you want to trade SBD for STEEM, use the internal currency market.