I really want to understand this, and I hope I can get some help even though this post is about a month old.
Would using the internal market be just as good as using an external market?
I checked the internal market. Should I leave the default price that comes up as is, or adjust it?
Currently I have $2.597 SBD, and Coin Market Cap is showing prices right now of $1.26 for SBD, and $1.86 for Steem.
If I plug 2.597 into the Total field in the internal market's Buy Steem section, it shows that I should get 1.708 Steem at a price of 1.520811.
Is this the way to do it? Can somebody help me understand how all this works, and why the numbers are what they are?
Also, 1 Steem is worth 1 SP, correct?
Thanks!