Sort:  

The simplest way is on the internal market. The internal market takes into account the external value of SBD.

So your steps would be receive SBD for payout. Buy Steem with your SBD on the internal market. Then Power Up the Steem you just bought on the internal market.

Wallet>Market>Buy Steam, super easy cheesy. Here's a more detailed explanation. Note, the convert to steem option is no longer available.

Coin Marketplace

STEEM 0.16
TRX 0.17
JST 0.028
BTC 69086.63
ETH 2471.20
USDT 1.00
SBD 2.39