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RE: Quickly Losing Confidence in Poloniex

in #steem7 years ago

I've noticed that Changely supports SBD. It kinda works like ShapeShift, if you've used it before. You send coin to an address they give you and they'll send the coin you want in exchange directly to a wallet you enter, if I'm not mistaken.

I'll try out Changely on my next withdrawal

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Let us know how it goes. What the experience is like and if the fees are reasonable.

My apologies... It's actually changelly.com with the double "L"
I went there just now and I must say that it seems pretty fair to me. I just tried entering a 1SBD to BTC transaction to test it out, though the minimum is about 10SBD. It charges a 0.5% fee.

It says I would get 0.00055123 BTC for 1SBD, and that translates to about $1.45 at the current BTC price. It's not bad, considering SBD is trading for $1.53 right now: http://steemdollar.com

I don't have SBD to try it out now, but I will probably do that in a day or so.

I hope this helps :)

Thanks for the info! I will take a look at both Changelly and ShapeShift. Although I am really looking for a market platform that can also hold dozens of coins.

You're welcome :)