Source
We will talk a little of the stable currency
Steem Dollar as its name suggests is a currency that was designed to work and trade within the ecosystem steemit and have a value of 1 USD
To avoid the fluctuation of the steem currency and to be able to maintain the currency in a stable value, to pass the time this currency has changed its value due to the demand and purchase of this, this example was looked in the year 2017.
Example was looked at in the year 2017 and 2018 currently in the year 2021 was also looked at when the currency reached a ceiling of 10.01 USD currently worth 6.5 and fluctuating between 8 and 6 USD US
Steem dolar (SBD) uses different participation models works under the Graphene blockchain this executes transactions in 3 seconds unlike BTC O Eth is not mined.
At the time of my work on 03/15/2021 the value of Steem Dollars (SBD) is 6.61USD in the range #473.
Source<c/enter>
How to Get Steem Dollars
you can also buy it through an external wallet for example I use Binance I buy BTC I exchange them steem and then I transfer them to my steemit account, in the Steemit platform I exchange them to SBD.
Source
Exchange on external platforms
Binance.com
To buy steem and exchange them to SBD is very easy I buy with btc Steem BTC/Steem then I send them to my account in Steemit.com and there I exchange them in the internal exchange is very easy.
Within the steemit ecosystem you can transfer both steem and Steem Dolar let's see how.
picture of my steemit account
step 1 = wallet
step 2 = Steem or Steem Dolar
step 3 = transfer
picture of my steemit account
step 1 = your user
step 2 = user to send
step 3 = amount of SBD
step 4 = send
follow the steps below very easy and ready sent successfully be sure to write very well the user name to write as any error would be paid dearly.
Conclusion
there are many stable currencies but I like to talk about Steem Dollar because it is a clear example of supply and demand and its stable changes compared to others that maintain their value as the UsdT that always its value is 1usd American many thanks to all and thank you very much to the teacher.
I really admire him a lot for his incredible work, dedication and discipline.
@yohan2on
@steemitblog
@steemcurator01
@steemcurator02
by
@laser145
Hi @laser145
Thanks for attending the 6th Crypto course and for your effort in doing the given homework task.
Feedback
This is good work. Well done with the research study on SBD.
Blogging on steemit is indeed a great opportunity for someone to earn and accumulate Steem Backed Dollars (SBD). I better continue creating content here so that I keep accumulating some valuable SBDs.
Homework task
7
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