- #846
Steem Dollars SBD
SBD Price
Market Cap
$41.66 MRank #846FDV
$41.66 MRank #993Investors
X Followers
Detailed Performance
SBD shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
SBD to USD Converter
Price History
- All-Time High
- $22.127.33x to ATH
- All-Time Low
- $0.0339688.87x to ATL
- Trade Launch Date
- 18 Jul, 2016
3047 days ago
Exchanges
Exchanges type
About SBD
Steem Dollars (SBD) is one of the three currencies on the Steem blockchain. It is intended to be worth approximately $1 USD and serves as a stable currency within the Steem ecosystem. It is designed to represent an "I Owe You $1 USD worth of Steem." However, SBD has recently become volatile and can be traded at different values. Holding SBD also generates a 10% annual interest.
What makes Steem Dollars unique?
Steem Dollars (SBD) is unique compared to other cryptocurrencies because it is designed to be a stable currency within the Steem network. It is supposed to be worth $1 USD and is backed by an equal amount of STEEM. This stability is meant to provide users with a reliable and predictable value for their holdings. However, recent trading activity has caused SBD to become more volatile, deviating from its intended value. Additionally, SBD generates a 10% interest, which is another distinguishing feature compared to other cryptocurrencies.
Live Steem Dollars Price Data
The current price of Steem Dollars (SBD) is approximately $3.01, reflecting a increase of 0.70% in the last 24 hours. The SBD trading volume in the last 24 hours stands at $1.47 million. Steem Dollars's market cap is currently $41.66 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of SBD is 13.80 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Steem Dollars's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on SBD, check out our crypto insights page.
Official Links
SBD to USD Converter
Price History
- All-Time High
- $22.127.33x to ATH
- All-Time Low
- $0.0339688.87x to ATL
- Trade Launch Date
- 18 Jul, 2016
3047 days ago