Thank god!! The price of steem is increasing and at the same time in our steem period, steem dollar called SBD has started coming in our wallet. SBD was not available to us for the last two years in STEEMIT, but now it is available. So, newbies in these two years may not know how to convert SBD to Steem, so here I explain how to convert it.
A Steem Dollar called SBD is about 20 times more than 1 Steem. That means when we convert one SBD to STEEM, we get around 18 to 20 STEAM instead of one SBD. You can check the current prices of Steem and SBD by visiting CoinMarketCap website.
Step 1:
First go to steemit wallet and check how much SBD you have in your skin dollar wallet then when you click on the drop down menu in that SBD wallet it says market, click on it
Step 2:
After clicking on it the steemit wallet market will open. There are two options, sell order and buy order, in which go to buy order and select the current rate of steem
Step 3:
After selecting that, if we click on the SBDs we have, the screen will show how many steems we will get for the current SBD rate. If you want more Steems you have to click on the higher rates in the offers given on Steem. If you want to be faster, you should select less steams. The more you expect, the longer you will have to wait.
Step 4:
So you need to confirm the price of Steam and SPD price and then click on "Buy Steam" button below. After pressing so, your order is conformed. If there is a price of Steem at the price you have fixed, your order will be conformed immediately and the Steems received at the price you sold will be added to your Steem wallet. Or wait for that price to arrive.
Step 5:
As I was selecting the current price for this transaction, the SBDs were immediately converted to STEEM and added to my STEEM wallet.
Maybe if it doesn't arrive immediately then you have to wait till the price you pick comes so after the price comes it will be automatically added to your tail. Maybe if the price goes up you can cancel the order and pick the order again for the current SBD price.
I hope you find this post very useful, please leave your comments in my comments section.
Discord : @jyoti-thelight#6650 Telegram :- https://telegram.org/dl
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