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RE: Beginner Basics: Your Steemit Wallet, STEEM vs. SBD vs. SP, Powering Up, & Cashing Out!

in #steemit • 7 years ago

I see that to change your SBD to steem you can either convert and wait 3.5 days or use the market. But do you know if you simply convert what price you are getting? The price at the moment you click on convert o the price it converts after 3.5 days? Great post a clear explanations, will follow!

7 years ago in #steemit by
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     7 years ago (edited)

    So according to the FAQ, the price you're getting is the median price over the course of the 3.5-day period.

    And welcome to Steemit btw ;) I hope you enjoy the @randowhale vote I've just sent you! Followed...looking forward to seeing more of your travel content!

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       7 years ago 

      Thanks for the up vote and follow and for clearing that up. Seems to me that its better just to sell on market and know the exact price you are going to get!

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