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RE: Steemit Update [January 6th, 2025] : Steemit Learning Challenge Season 22 - Week 4

in #steemit10 days ago

If anyone knows where I can sell or swap SBD at or near the upbit price please let me know . Is there any DEX that swaps SBD
Since I do not have access to the upbit - SBD market I would like to find someone who does . I have sbd to trade for steem . I would be willing to give up to 10 percent of the sbd upbit value to make the trade . Example I send you 100 SBD at current upbit price $7.00 * 100 sbd =700 dollars at time of trade you then take your 10% 70 dollars USD then you send me 630 dollars of steem = 1972 steem at current price 0.3194. I have access to a lot of SBD . I would be putting a lot of trust in this person and this person has nothing to lose and thousands of dollars to gain . if you are honest and interested message me .

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Sadly, the Upbit SBD price is not a "real" market price; it is created purely by automated trading by people trying to manipulate and make a profit with the SBD already residing on the Upbit exchange.

As far as I know, the ability (for ANYONE) to deposit and withdraw SBD to Upbit has been suspended by the exchange itself. Thus the Upbit price exists only within the closed loop that is Upbit.

It would be a bit like someone telling the world they can buy a new Rolls Royce for $1,000... but nobody can find the store, and even if you could, you're not allowed in.

If anyone knows differently, please enlighten the community.

Thank you very much @denmarkguy for the information