How to get more STEEM for your SBD by paulag

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· @paulag ·
$11.38
How to get more STEEM for your SBD
<center><a href='https://d.tube/#!/v/paulag/85wq15i6'><img src='https://ipfs.io/ipfs/QmdLPm3ZzR7bzQAMVhiwpbcxQPMDqLf24ag7QE69f8tVcG'></a></center><hr>

Hay Everyone and Welcome to my Dtube Video

In this video you will learn how you can use the internal mechanism to convert your SBD for STEEM using the SBD $ peg.  The internal market uses the internal current market rates, but by doing things a little different, you can ensure you swap your SBD for STEEM at $1 per SBD.  This way you can get more bang for your buck when SBD is tranding on the external market at less than a $1

<hr><a href='https://d.tube/#!/v/paulag/85wq15i6'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmdbJxE3pQV29oRangiDw8HSuErVqXFp9nRbJvfEJ5aNNV'> ▶️ IPFS</a>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 285 others
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vote details (349)
@clumsysilverdad ·
SBD is holding at least... i guess that is good?  ... well it is down a bit actually
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@paulag ·
being down is okay because we can get more steem per SBD using the peg :-)
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@clumsysilverdad ·
i like your attitude... you are one of the people that keep me believing ... have a great one !
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@gray00 ·
I will use this trick when I trade my SBD each month to pay for web hosting. thank you paulag!
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@paulag ·
fantastic
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@apshamilton ·
$0.07
This is great information. Thanks for letting us know.
👍  ,
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@paulag ·
You are welcome

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@bluerobo ·
8ir807t9t
What would be the easiest way to convert EUR in Steem or SBD at the moment?
Because these prices are getting super cheap and I could use some SP ;)
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@paulag ·
You can purchase steem or sbd on many exchanges. Coinmarketcap will give you a list. 

Posted using [Partiko Android](https://steemit.com/@partiko-android)
👍  
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vote details (1)
@cicisaja ·
Yaaayyy.. why would you let me know it now @paulag 😢 I buy steem with sbd through the market few days ago. Next time, I'm gonna try this. THANK YOU💖
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@paulag ·
Just make sure when you are doing this the price of sbd on the external markets is less than a dollar 😁

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@cicisaja ·
Not right now @paulag 😂😂😂 I'll check it out before I try that trick😉 last transaction was 0.972/steem
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@flavio.rib ·
Good share :) for sure very useful
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@paulag ·
🤑 glad u liked it

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@ykdesign · (edited)
wonderful information, this time is invested in steem. love your presentation.
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@paulag ·
Thank you @ykdesign

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@soyrosa ·
Amazing tip @paulag! I knew about the 'option', but am actually now trying it out for the first time - your video made so much sense :-)
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@paulag ·
Glad u liked it @soyrosa, more steem in your pocket so 🤑

Posted using [Partiko Android](https://steemit.com/@partiko-android)
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@eduards ·
Благодарю за информацию!
!!!! Как  обменять Sbd on Steem!!!!
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@steem-ua ·
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Your **UA** account score is currently 6.919 which ranks you at **#93** across all Steem accounts.
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@intrepidphotos · (edited)
Do you know if it uses the internal median price of steem for the blockchain for converting the 1$ SBD?    If so one has to be careful as this is a weighted average and when the markets move fast there can be a big gap that takes some days to catch up.  At the moment it is 0.716 vs the external price of 0.5983.  So you get 1$ worth of steem for your SBD but it is using a higher price of steem to do the conversion and so the market can still be better even if SBD is lower than 1$ until this catches up.

![image.png](https://files.steempeak.com/file/steempeak/intrepidphotos/sVuyyOHv-image.png)
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@paulag ·
yes the price of STEEM changes, thats why there is a 3.5 day wait period on this, to smooth out spikes.  either way, if you use the internal market, you will get the external price for SBD, so if thats only 98 cent, you will only get 98 cent worth of steem, no matter what the price of steem, where as if you use the internal mechanism instead of the market, you will get 1 dollar worth of steem and this option is always most beneficial when sbd is being traded at less than a dollar.
properties (22)
post_id66,116,048
authorpaulag
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categorysteem
json_metadata{"app":"steemit\/0.1","tags":["steem"]}
created2018-11-16 10:10:12
last_update2018-11-16 10:10:12
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cashout_time1969-12-31 23:59:59
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curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
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root_title"How to get more STEEM for your SBD"
beneficiaries[]
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@intrepidphotos · (edited)
I don’t agree that it’s always better .   You get 1$ worth of steem at the weighted average rate .  If the market is falling the average rate will be higher than the spot market .  Take the data yesterday.   1$ of steem at 71 cent steem is 1.408 steem.  External market 0.95 $ of steem at 0.598 is 1.58 steem.  So if it converted at those numbers the external market got you more steem.
properties (22)
post_id66,135,961
authorintrepidphotos
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categorysteem
json_metadata{"app":"steemit\/0.1","tags":["steem"]}
created2018-11-16 18:25:42
last_update2018-11-16 18:26:09
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cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
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@futuremind ·
This is *valuable* information!

I must admit, that I've been seeing accounts "in conversion" and was perplexed as to what was happening. I felt a bit shy to ask anyone about it, so you've helped me preserve my shyness with this presentation.

You have a gift for explaining things, in a way that's easy to understand. 
Resteemed for exposure. Thank you @paulag
properties (22)
post_id66,120,594
authorfuturemind
permlinkre-paulag-85wq15i6-20181116t122250557z
categorysteem
json_metadata{"tags":["steem"],"users":["paulag"],"app":"steemit\/0.1"}
created2018-11-16 12:22:51
last_update2018-11-16 12:22:51
depth1
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last_payout2018-11-23 12:22:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
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percent_steem_dollars10,000
@konelectric ·
$0.12
Very nice. As long as steem and SBD are both below a dollar, I'll be doing this. Thanks.
👍  , , ,
properties (23)
post_id66,135,238
authorkonelectric
permlinkre-paulag-85wq15i6-20181116t180749690z
categorysteem
json_metadata{"app":"steemit\/0.1","tags":["steem"]}
created2018-11-16 18:08:45
last_update2018-11-16 18:08:45
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last_payout2018-11-23 18:08:45
cashout_time1969-12-31 23:59:59
total_payout_value0.095 SBD
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author_reputation7,585,775,750,291
root_title"How to get more STEEM for your SBD"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (4)
@arthur.grafo ·
I don't understand why I would do this

According to your suggestion, if I want to change SBD 100 to Steem, I'll get Steem 100

I just changed at 0.50c - which meant my SBD 100 bought me Steem 200. I made double what you would

Is there something I am not understanding?
properties (22)
post_id66,339,800
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categorysteem
json_metadata{"tags":["steem"],"app":"steemit\/0.1"}
created2018-11-20 19:21:21
last_update2018-11-20 19:21:21
depth1
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author_reputation98,728,933,224,085
root_title"How to get more STEEM for your SBD"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000