Assalam O Alaikum |
|---|
Hello dear friends! Welcome to my post. How are you all? I hope you will be doing well by the grace of Almighty Allah. I'm also fine and enjoying my day. Today I'm here to participate in this amazing contest which is organized by @dequeen in this Steem Fashion & Style community. The topic of this contest is about "How to change SBD to Steem?". So let's start without any more delay of time.
Did you know about SBD or is it something new to you? |
|---|
Yes dear friends, I already know about SBD because, back in 2021 when I signed up in Steemit, I used to get my reward in the form of SBD and then I convert it into Steem token. SBD means that Steem dollar which is also a native token of Steemit platform same like as a Steem. It is also a cryptocurrency which has a great value in the crypto world and among the Steemians. This is because, the Steemians get the rewards for posting in the form of SBD.
And then, they can sale it, hold it and can convert it into Steem tokens. Besides this, the SBD used to provide stability and liquidity to the Steem token in the crypto space as when the price of Steem token drops, the printing of SBD stops and the users get reward only in the form of Steem and steem power called SP. But when it's prices increase, the printing of SBD starts again.
How has the arrival of SBD influenced the growth of account? |
|---|
Yes, the SBD has a huge impact on our Steemit accounts because its boosts the rewards which we get for posting and contributing to the Steemit platform. So when our rewards increase, our earnings increase, when our earnings increases, the growth of account also increase. This is because, by converting one SBD token to steem we get more than 10 Steem tokens which is a very huge amount. When we get more SBDs, we can power up more Steems and eventually our sp increase.
I still remembered that, last year when the printing of SBD was at its peak, I have witnessed a great benefit to my account. Yes because, I was struggling to get my First dolphin but when the arrival of SBD, I achieved my first dolphin on no time. Also I have earned a handsome amount of money during those days and now I'm very happy to see SBD again and looks forward to achieve more dolphins.
Briefly explain how to convert SBD to Steem. |
|---|
Yes, it is very easy to get Steem tokens by selling our SBD within our Steemit wallets. Let's have a look at the steps to convert SBD into Steem tokens:
Step 1:
- First of all, open your Steemit wallet, scroll down and click on the amount of SBD which you have in your wallet as shown below.
Step 2:
- After clicking there, we will move to the next page and then click on the market option which you can see in the below screenshot.
Step 3:
- In the last and final step, you have to add the amount of SBD which you want to convert into Steem and then click on the buy options as shown below. And finally, you will receive Steem tokens in your wallet.
Do you consider that it is better to receive rewards directly in Steem or do you prefer them in SBD? Why |
|---|
Always SBD, yes I want to get all of my rewards in the form of SBD because, getting reward in the form of SBD is far better than getting it in the form of Steem token. This is because, the SBD has more worth as compared to steem tokens which provides us a way to earn more and boost our accounts by powering up a high amount of liquid Steems which we get after selling SBD. Also, with the SBD we can everything which we want to achieve there like becoming a moderator, Curator and Steem representative also.
So friends, that was my entry about that topic and I hope you will enjoy reading it. Now it is a time to say goodbye to everyone and I want to invite my friends @ashkhan, @sahmie, @shiftitamanna and @josepha to take a part in this amazing contest.
You have to share a new post in this community for your booming support.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit