Steem Dollars (SBD) Logo
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How to Buy Steem Dollars (SBD)

Looking to buy Steem Dollars(SBD)? You can purchase SBD through Web3 wallets, decentralized exchanges (DEXs), or supported centralized exchanges in just a few steps. This guide walks you through the best ways to buy Steem Dollars, and how to store and manage your SBD securely after purchase.

Crypto Rating
4.0
Last updated: -- (UTC+8)

Where Can I Buy Steem Dollars (SBD)?

Even though Steem Dollars is not listed on BingX yet, you can buy it using Web3 wallets, decentralized exchanges, or reputable centralized exchanges that list SBD. Once you buy Steem Dollars elsewhere, you can transfer it to your own wallet, and later deposit it into BingX when trading becomes available.
Why Is Steem Dollars Not Listed on BingX Yet?
Steem Dollars undergoes standard listing reviews for security, liquidity, and project integrity. Once approved, Steem Dollars could be supported on BingX Spot, Convert, and Earn products. Sign up now to be notified when Steem Dollars becomes available.

Choose How to Buy Steem Dollars

  • Buy Steem Dollars on BingX ChainSpot
    BingX ChainSpot offers access to early-stage Solana ecosystem tokens directly from your BingX account.
    1. Navigate to ChainSpot: In the BingX app or website, go to the Spot tab, then select ChainSpot.
    2. Fund your Spot account: Ensure you’ve finished Advanced KYC and have USDT in your Spot Account.
    3. Search for SBD: Use the ChainSpot search bar or select SBD from the Solana-supported asset list.
    4. Enter the amount of SBD to buy: Specify how much USDT you want to swap into SBD. Only market orders are supported on ChainSpot.
    5. Receive SBD: Check the output, fees, and contract details, then confirm the order; ChainSpot executes the swap on-chain and deposits Steem Dollars straight into your BingX Spot Account with no external wallets or bridging required.
    Pro Tip: ChainSpot eliminates the need for external wallets or manual bridging, but on-chain swaps may still incur Solana gas fees and be affected by liquidity or price volatility.
  • Buy Steem Dollars on a Decentralized Exchange (DEX)
    Alternatively, you can buy Steem Dollars on DEXs without KYC by using a compatible Web3 wallet.
    1. Set up a Web3 wallet: Create a compatible Web3 wallet, such as Trust Wallet, MetaMask, or Phantom, and fund it with a base token like USDC, USDT, WETH, or BNB. Make sure your wallet supports the network your token is on. For example, MetaMask supports Ethereum and most EVM chains.
    2. Connect to a compatible DEX: Connect your wallet to a DEX to buy Steem Dollars without KYC, e.g., use Uniswap for Ethereum tokens, and Raydium for Solana-based tokens to ensure full compatibility.
    3. Search for SBD: Choose the SBD pair and enter how much USDC or other base currency you want to swap into SBD.
    4. Swap for Steem Dollars: Set slippage, review gas fees, and approve the swap. Your Steem Dollars will arrive once the transaction is confirmed on-chain.
    Pro Tip: On-chain purchases include gas fees and carry slippage, liquidity, and smart contract risks. You are fully responsible for self-custody.
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  • Buy Steem Dollars on a Supported Centralized Exchange (CEX)
    Centralized exchanges (CEX) are the simplest and most popular way to buy SBD. Perfect for beginners.
    1. Choose an exchange: Choose a reputable exchange or platform that lists Steem Dollars in your region.
    2. Create and verify account: Sign up using your email address, create a secure password, and verify your identity by submitting a valid ID and, if required, proof of address to begin trading in a compliant and secure manner.
    3. Add a payment method: Deposit funds using fiat like USD, EUR, etc., or crypto like USDT, BTC or ETH.
    4. Buy SBD: Search for SBD, select a trading pair like SBD/USDT, choose Market or Limit, enter the amount you want to purchase, and place the order.
    5. Store Steem Dollars: Withdraw SBD to your own wallet for self-custody if desired, and later deposit it into BingX once supported.
    Pro Tip: Always pick a reputable exchange with strong security, low fees, and good reviews. A few minutes of research can save you a lot.
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  • Buy Steem Dollars via Token Swap on a Web3 Wallet
    You can buy SBD through token swaps in Web3 wallets for a quick, KYC-free option.
    1. Get a Web3 wallet ready: Install MetaMask, Trust Wallet, Phantom, or another wallet compatible with SBD’s blockchain.
    2. Fund the wallet: Add a base token like USDT, ETH, or SOL via an on-ramp service or by transferring from BingX.
    3. Prepare gas fees: Ensure you have the blockchain’s native token such as ETH, BNB, or SOL to cover gas costs for the swap.
    4. Swap for SBD: Open the wallet’s Swap feature, choose the base token as the input and SBD as the output, review slippage and estimated output, and confirm the transaction.
    5. Receive SBD: Once the transaction is confirmed on-chain, SBD will appear in your wallet.
    Pro Tip: Wallet swaps may have higher fees, limited network support, and require full responsibility for safeguarding your private keys.
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What Can You Do with Steem Dollars After Buying?

  • Hold Steem Dollars

    Store SBD securely in a self-custody wallet or hardware wallet if you're planning long-term storage.

  • Trade SBD

    Buy or sell Steem Dollars on reputable DEXs or CEXs where it is listed, or use trading bots and automation tools available on those platforms.

  • Earn Steem Dollars

    Stake or use SBD in staking pools or DeFi platforms if supported, participate in governance, or access ecosystem features and utilities built around Steem Dollars.

  • Store or Transfer Steem Dollars

    Send SBD to a hardware wallet for long-term security, or transfer it to other wallets or users anytime for payments, swaps, or portfolio management.

How to Safely Store Steem Dollars

  • The safest way to store Steem Dollars is in a self-custody wallet where you control your private keys, like MetaMask, Trust Wallet, or hardware wallets like Ledger or Trezor.Once Steem Dollars is listed, you can deposit it into your BingX Spot Account for secure trading and easy access to BingX features.

FAQs About Buying Steem Dollars (SBD)

Why isn’t Steem Dollars listed on BingX yet?

New assets must pass BingX’s internal review process, which evaluates security, liquidity, compliance, project fundamentals, and overall listing readiness before being made available for trading.

Where can I buy Steem Dollars now?

How do I transfer Steem Dollars to BingX later?

What is the safest way to buy Steem Dollars?

Can I buy Steem Dollars without KYC?

Steem Dollars Investment Calculator

See how much a $100 Steem Dollars investment from your selected year would be worth today, based on historical data.
You would get
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Check the real-time SBD/USDT exchange rate before placing any purchase order. Remember, past performance is not a guarantee of future results.

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