As all of you know, the prices of STEEM and especially SBD have been fluctuating like crazy this week, and it's been an unpredictable roller coaster ride. We recommend you to sell your SBD for some STEEM when its price hits sky high, but most importantly pay attention to our announcement this week.
Despite fluctuating prices of STEEM and SBD, Paywithsteem's calculation is still pegged at 1SBD/STEEM = $1. That means, 1SBD may be prices at $16 today, but on Paywithsteem, 1SBD is still worth $1. We hope that our customers will understand we are doing this to minimize losses on our part due to the volatility of the coins for the time being. Should there be changes, we will make an announcement, so stay tuned on our blog!
The buying process remains the same; follow the steps listed on our Amazon Wishlists page and receive a quote from us (approx 10-15% more depending on Bitcoin exchange fees).
Instead of operating an e-commerce that trades in STEEM or SBD, Paywithsteem will henceforth be fully focused on becoming a service to allow Steemians to shop online on any platform with STEEM and SBD, beginning with AMAZON, the biggest e-commerce platform in the US and UK.
With this move, the possibilities have expanded exponentially and Steemian-shoppers now have an even wider access to of products to shop for with their cryptocurrencies!
‘Spend Where you Earn’
The Team at Paywithsteem wishes you Happy Holidays
‘Pay with Steem, Fulfilling Dreams’
Your friendly Community Store.
