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The conversion takes three days

After the conversation it's add again to steem dollar wallet

You can use the internal market to buy STEEM with your SBD, it's quicker than the 3 day period.

Coin Marketplace

STEEM 0.24
TRX 0.21
JST 0.036
BTC 97815.63
ETH 3380.51
USDT 1.00
SBD 3.31