Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator
Steem Dollars priceSBD
Steem Dollars price calculator
More cryptocurrencies calculator >Steem Dollars price live data summary
What is the highest price of SBD?
What is the lowest price of SBD?
Steem Dollars price prediction
What will the price of SBD be in 2025?
What will the price of SBD be in 2030?
Steem Dollars ratings
About Steem Dollars (SBD)
What is Steem Dollars (SBD)?
Steem Dollars (SBD) are cryptocurrency tokens that function as a stable store of value. Their value is pegged to the US dollar, making them a liquid, reliable investment option. These tokens are part of the Steem blockchain, a social network that rewards users for sharing content on Steemit. Users can earn STEEM tokens, which can be exchanged for SBD or used for commerce and exchange. It's a great way to build community and earn revenue at the same time.
How does Steem Dollars (SBD) Work?
Unlike traditional social media networks, Steem offers a unique approach in which users are rewarded for creating content. This decentralized platform ensures that the highest value is given to those who contribute the most. Not only do users have control over their data, but they can also earn rewards for each creation, making them platform stakeholders. However, the inconsistency of these rewards due to token price volatility can be a challenge. This is where Steem Dollars come in, as they provide stability to the world of cryptocurrencies and the individuals who use the Steem network. By functioning as a stable store of value that is pegged to the US dollar, SBD tokens protect traders from price manipulation and volatility. Additionally, the Steem protocol safeguards the community from manipulation by enabling one-way conversion from SBD to STEEM. This ensures that the pace of SBD creation is stable and eliminates the potential for misuse.
What makes Steem Dollars (SBD) Unique?
In order to earn SBD, users must engage in mining by contributing to the platform. Proof-of-Work is achieved by posting blogs, commenting, and upvoting on Steemit. The idea is that those who provide valuable content will receive more upvotes, as users will only upvote what they find helpful. Bloggers who receive upvotes are then rewarded with SBD tokens.
What is the SBD Token?
SBD, which stands for Steem Blockchain Dollars, is the term used for Steem Dollars. To create SBD, a reliable price feed must be combined with rules that prevent abuse. The creation of a reliable price feed requires three factors: reducing the impact of an incorrect feed, increasing the cost of producing an incorrect feed, and reducing the significance of timing.
Steem Dollars price performance in USD
Steem Dollars price history in USD
Steem Dollars market information
SBD to local currency
Crypto calculator- 1
- 2
- 3
- 4
- 5
How to buy Steem Dollars(SBD)
Create Your Free Bitget Account
Verify Your Account
Buy Steem Dollars (SBD)
Join SBD copy trading by following elite traders.
New listings on Bitget
Buy more
FAQ
What is the current price of Steem Dollars?
What is the 24 hour trading volume of Steem Dollars?
What is the all-time high of Steem Dollars?
Can I buy Steem Dollars on Bitget?
Can I get a steady income from investing in Steem Dollars?
Where can I buy Steem Dollars with the lowest fee?
Where can I buy Steem Dollars (SBD)?
Video section — quick verification, quick trading
Trade
Earn
BTC/USDT
SpotBTC/USDT
Margin