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That's true, as long as you get good rates on the external exchange.

What this does is increase the Trading volume for Steem, making it feel like a more used cryptocurrency. Sadly the internal market is not included in the trading volumes for Coinmarketcap, making it seem like it is a smaller currency than it actually is.

Coin Marketplace

STEEM 0.06
TRX 0.28
JST 0.048
BTC 71322.16
ETH 2054.24
USDT 1.00
SBD 0.50