Steem dollar or SBD is a valuable coin of steem ecosystem and for a long time this coin has been trading above 1 us dollar. Because of this people on this platform was very happy especially when they were able to earn sbd as part of the author reward. They were very happy because the price of one coin was almost $4 sometimes even more that gives them great opportunity to earn higher reward but all these values were high because the exchange that is bringing more trading value to the coin was upbit and primarily this inflow was coming from krw pair.
Sbd is going to be deal estate on upbit exchange and this will be happening on 12th February. Those who don't know I would like to mention here that this is one of the exchange that allows only Korean users to get their account registered. This is not open for the foreign users so if you do not hold the identity documents for the courier then you will not be allowed to use their services. This coin is also available on HTX exchange and internal market also.
The exchange has announced that they will stop trading support for the coin on 12th February which is like a month from now so anyone who is holding coin there should be able to withdraw it or sell in the market before exchange go ahead and stop the support.
Altho it is available coin of the entire ecosystem but is still it is losing some support and probably this may also result in steem price collapse but I hope this not step too long so there is nothing to worry about but still it is a good approach to be careful and take the action according to avoid any financial loss later
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