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RE: The Beginner's Guide to Steemit, Part 4: Your Account's Wallet

in #steemit8 years ago (edited)

Blocktrades' fees go down as you trade more. Put in the figure for 1 SBD, then 10, then 100, and you'll see. For BTC, most of the fee actually comes from the BTC end, and would apply in most exchanges.

I do find them reasonable, if you trade at least 10 or so SBD, though with SBD's current prices, it might require a bit more.

Edit: Also, it depends on the coin. I checked just now for instance, 67 SBD can lead to $122 worth of BTC, but $125 worth of Ethereum, while the nominal value is $129.31.

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Thanks for the clarification, @geekorner! I knew it scaled based on the amount, but it's good to have some concrete examples.