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RE: SBD Potato Day 2: Now using the @Likwid service!
By the way - to quickly exchange STEEM to SBD simply send STEEM to @bank.sbd with memo: swap
The bot will make exchange on the internal market, the fee is 0% :)
Cool, I tested that out, and it worked as promised!
:)
Hi @cardboard
Apparently they do not charge commission.
But when you take the Steem price account with respect to the SBD they calculate the Steem at a higher price so they deliver less SBD. I already did the tests,
I coded it ;) The bot makes transaction on the internal market taking current prices. So when you sell STEEM for SBD, the STEEM ask price is taken and the exchange transaction is performed. The previous transaction could be with lower price but the bot does not have time to make a waiting order and instead just grabs the STEEM that is offered :)
Hi @cardboard
Thanks for the explanation, this type of xpres exchange is very good ..
It must be more widespread.
Ah sweet, I will try that for sure thanks so much!