Key metricsKey metrics
PricePrice$1.0324

Steem Dollars (SBD) Information{coin_name} ({symbol}) Information

A new way for publishers to monetize their online content and community, based on battle-tested blockchain technology

Questions and AnswersQuestions and Answers

Where do the new STEEM tokens come from?
Blockchains like Steem and Bitcoin produce new tokens each time a block is produced. Unlike Bitcoin, where all of the new coins go to the block producers (called miners), the Steem blockchain allocates a majority of the new tokens to a reward fund called the “rewards pool”. The rewards pool gives users tokens for participating in the platform based on the value they add.
How long does it take to transfer STEEM or SBD tokens between users?
A transfer of tokens between accounts typically takes 3 seconds. This is far faster than most blockchain tokens.
Are there fees for Powering Up, Powering Down, trading on the internal market, or converting SBD to STEEM?
No. None of these actions incur any fees.
How much are the transaction fees for sending tokens to other users?
There are never any fees for transfers within the Steem network. However, if you transfer Steem to an exchange and convert it to another currency, you may incur a small fee from the exchange.
What is a MVEST?
A VEST is a unit of measurement for Steem Power. A MVEST is one million VESTS. The amount of Steem Power in one MVEST can be found on steemd.com as steem_per_mvests.
What can I do with my SBD tokens?
Convert to STEEM via your wallet (takes 3.5 days) Exchange for STEEM in the internal market Withdraw to an exchange, and trade for BTC or other digital tokens Purchase items through third-party stores that accept SBD tokens
What can I do with my STEEM tokens?
“Power Up” to Steem Power Exchange for SBD in the internal market Withdraw to an exchange, and trade for BTC or other digital tokens Purchase items through third-party stores that accept STEEM tokens

TechnicalTechnical

Key metricsKey metrics

Source Code Repositories

steemit/steem 1763 Stars 77 Contributers 358 Open Issues

The blockchain for Smart Media Tokens (SMTs) and decentralized applications.

EconomicsEconomics

Tradeable CoinsTradeable Coins
334,245,260 (100% of total) ({tradeable_of_total} of total)

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Upbit SBD/KRW $1.0333 0.09% $66,320 0.42% 0.42%
Bittrex SBD/BTC $1.0222 -0.99% $5,902.84 1.2% 3.7%

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This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
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