" How to change SBD to Steem by @khayjhay"
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Greetings dear Steemians! It is my delight to participate in this intriguing contest created by @dequeen.
There is joy in every Steemian's heart this period. SBD is back!.
Did you know about sbd or is it something new to you?
I recently joined Steemit and SBD is relatively new to me. This is actually my firsthand experience with SBD although I heard other Steemians praying for its arrival sometime last month.
I had to go find out more about SBD from the crypto academy. I came to realise that;
SBD (Steem Backed Dollar) is one of the incentives or rewards given to authors.
It is built on the Steem block chain.
It is a tradable token on the Steemit platform and can be transferred anytime and anywhere.
It a stable coin used to checkmate high cost and low cost of Steem.
How has the arrival of SBDs influenced the growth of Account.
I still don't know somethings about SBD but I can see the great influence it has on my account. I have been able to accumulate a lot of Steem tokens. My Steem Power has increased significantly and this has given me a lot more influence on this platform. My total USD asset has also increased.
I have received more incentives with the existence of SBD than when it was absent. Before its arrival, I would feel so bad if I get $1.0 or even lower on a particular post. Now, the case is different. I am even praying to get at least a dollar on my posts because I know I will definitely gain SBD.
The return of SBD has made me to be more active than ever before making it possible for me to earn more.
On the whole, SBD has greatly influenced my account's growth. I urge every Steemian reading to embrace it and make good use of it while it lasts.
Briefly explain how to convert SBD to steem.
This is very essential to know. What's the use of having SBD if you can not convert it to Steem?
I can vividly recall the first time I wanted to convert my little Steem Dollars to Steem. I was really confused. I had to reach out to @eliany who thankfully guided me.
- Before thinking of converting SBD you have to redeem it.
The next thing to do is to login to your wallet. You have to do this to have access to your money.
Scroll down to where your Steem Dollars and click on the drop down menu.
- Click on Market.
- Under Buy Steem type the amount of SBD you want to convert or if you want to click on your available SBD and click on Buy Steem.
- Add your private active key and login.
- Order placed
Do you consider that it is better to receive rewards directly in Steem or do you prefer them in SBD? Why
From what I have seen so far, earning in SBD is better than earning in Steem.
Let's look at this post. When this posts eventually pays out, I'll be getting 5 SBD which is equivalent to about 65 Steem (1SBD is about 13 Steem) - that's way better than earning in Steem alone.
Since it does not come often, it is best to utilise this period SBD has decided to stay with us. Wishing everyone a successful SBD season 😊.
It's been my great pleasure to participate in this contest. I would love to invite @kidi40, @goodybest , @adylinah and @alexanderpeace to participate.
You've got a free upvote from witness fuli.
Peace & Love!
LinkedIn share
https://www.linkedin.com/posts/keziah-jacob-265767331_how-to-change-sbd-to-steem-by-khayjhay-activity-7271310113469034496-IEVY?utm_source=share&utm_medium=member_android
Curated by: @bossj23
Thank you so much 🙏
I really appreciate
New user will benefit greatly from this post thank you for demonstrating steps on how to exchange SBD to steem