About SBD
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. Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by rewarding them for sharing content. It’s currently the only blockchain that can power real applications via social apps like Steem.it. 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.
Official Website
![image image](https://s2.coinmarketcap.com/static/img/coins/64x64/1312.png)
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Frequently Asked Questions
What is the all-time high price of Steem Dollars (SBD)?
Read MoreThe all-time high of SBD was 22.34 USD on 2017-05-18, from which the coin is now down 89.57027752909579%. The all-time high price of Steem Dollars (SBD) is 22.34. The current price of SBD is down 89.57027752909579% from its all-time high.
How much Steem Dollars (SBD) is there in circulation?
Read MoreAs of
, there is currently 13.63M SBD in circulation. SBD has a maximum supply of 0. What is the market cap of Steem Dollars (SBD)?
Read MoreThe current market cap of SBD is 31.76M. It is calculated by multiplying the current supply of SBD by its real-time market price of 2.33.
What is the all-time low price of Steem Dollars (SBD)?
Read MoreThe all-time low of SBD was 0.26029672
, from which the coin is now up 795.1322936378147%. The all-time low price of Steem Dollars (SBD) is 0.26029672. The current price of SBD is up 795.1322936378147% from its all-time low. Is Steem Dollars (SBD) a good investment?
Read MoreSteem Dollars (SBD) has a market capitalization of $31.76M and is ranked #682 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Steem Dollars (SBD) price trends and patterns to find the best time to purchase SBD.