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No if you want to convert SBD to Steem the internal market is likely always going to be the best option. I certainly would not pay fees to Bittrex to do it.

Thanks Mike... I just wasn't sure if the Internal Market was skewed by whales playing the Steem->SBD side or not... I tried to work it out but the maths broke my brain.

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STEEM 0.21
TRX 0.25
JST 0.037
BTC 104514.86
ETH 3261.34
SBD 4.21