Hello,
Would someone kindly explain how this works. I had 59.82 Steem Dollars and I wanted to convert them to Steem. I did the transfer and it said it will take 1 week to complete. I noticed that immediately my account value dropped substantially.
Does it work like this:
Steem Dollars are converted to Steem with a 1 week holding period and then I have the possibility to add my new Steem via POWERUP option to add to my Steem Power?
Is this last statement/question correct? Thank you for your help in advance. I'm close to 40 and struggling here a bit on the workflow of the entire system.
Sincerely,
TJ