Steem Dollars (SBD) Cryptocurrency

1 Steem Dollars is currently worth 1.70 usd

1 Hour 0.18%  24 Hours -20.58%  7 Days -27.92%

Coin Rank: 287

Price in BTC: 0.00022302

24H Volume: $1,373,290.00

Market CAP: $18,301,573.00

Total Supply: 10,774,568

Available Supply: 10,774,568

Steem Dollars (SBD) Cryptocurrency About Steem Dollars
Start date: 04/06/2016

Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the platform. SBD are pegged to the value of the USD and can be redeemed on the platform for about one dollar worth of Steem. 

When Content creators receive rewards on the platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period. SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform.