Cryptocurrencies: 30335
Markets: 109686
Market Cap: $2,581,722,618,480     
24h Vol: $150,939,560,100
Cryptela — Cryptocurrency News and Market Intelligence
1 Steem Backed Dollars (SBD) Rank 1240
$0.476438
Steem Backed Dollars (SBD) Rank 1240
Website
9,801,650 SBD

Steem Backed Dollars (SBD)
Steem Backed Dollars (SBD)
SBD

Steem Backed Dollars (SBD) Price
$0.48

Steem Backed Dollars (SBD) 24h Vol
$4,818,283

Steem Backed Dollars (SBD) Market Cap
$4,669,881

Steem Backed Dollars (SBD) Circulating
9,801,650

Full Name
Steem Backed Dollars (SBD)
Symbol
SBD
Algorithm
BTC Price
16.37 BTC
BTC Market
160,464,179 BTC
BTC 24h Vol
165,563,496 BTC
Total Coins Mined
9,801,650 SBD
1h
1.27 %
24h
5.39 %
7d
0.16 %
Charts


Description

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

When Content creators receive rewards on the Steem.it 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.

Full Name Steem Backed Dollars (SBD)
Start Date 2016-04-06
Algorithm N/A
Proof Type N/A
Website steemit.com
Twitter N/A
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 9,801,650 SBD
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Steem Backed Dollars (SBD) News