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Abuja
1 Level
443 Review
750.75 Karma

Review on Steem Dollars by Amos joseph

Revainrating 4 out of 5

Steem SBD

Steemit SBD

Using steem blockchain content rewarding platform comes with multiple advantage users using the platform can earn huge amount of reward although the platform requires constant hardwork and persistence users reputation on the platform sometimes determine users earning.

Although users can buy token known as steem power SP to increase their reputation on the platform users can earn directly from staking making curation, delegation and voting other authors content.

Getting paid requires seven days from the day a post is been published also all reward earned from writing content will be decided by two half goes to the author and the other half goes to curation voters.

Steemit blockchain has 3 different type of token used for rewarding it's authors

1. STEEM: basically used for rewarding users it also be used for buying more reputation on the platform SP.

TRON: it's equivalent to SP when ever an author publish a content they get rewarded using tron and SP.

SBD: it's the platform stable token like USDT SBD is used for controlling price movement on steemit platform and it can be traded directly on the platform it can be exchange to STEEM and vise versa.

In general steem SBD is equally used to reward content creators on steemit blockchain it can be exchange directly on the platform for steem token it is not listed on multiple exchange as it's mostly used on steemit blockchain for conversion of other token, it is not supported on multiple wallet not used as trading pairs in multiple exchange.



Pros
  • Decentralized open source blockchain project for writing content used for rewarding users there are multiple ways of earning in the platform apart from just writing article users can stake, make delegation and curation.
  • SBD is the platform stable coin like USDT
  • It can be traded directly on the platform and exchange for STEEM token
Cons
  • SBD is not listed on multiple exchange platform not supported on multiple wallet
  • Has limited usage mostly restricted to steemit platform