Internal market
Steemit's Internal Market is a place where you can buy or sell your Steem Dollars in exchange for Steem Tokens.
The Internal Market is an alternative to using the convert to Steem button found in the drop-down menu next to your dollar value listed in your Steem Wallet.
An example transaction of me converting (selling) Steem Based Dollars (SBD) to Steem Tokens and then finally, Powering Up by converting the Steem Tokens into Steem Power can be seen below:
When I clicked on the CONVERT TO STEEM button from the drop-down menu next to my SBD in my wallet I was presented with a warning:
I was advised that since Steem is selling at above $1.00 USD, I should NOT use the CONVERT TO STEEM button but rather the MARKET button and I would get more Steem for my SBD.
NOTE: In order to perform transactions with your money, you will need to be logged in with your ACTIVE or MASTER keys.
Go to your WALLET and from the drop-down menu next to STEEM DOLLARS, choose MARKET (Sorry, I captured this image AFTER I had already moved my SBD so it shows zero SBD. It did show 12.199 before I converted it). [[file:]]
Image credits: All images used were screen captures made by me @happyme
