I thought Steem Dollars are supposed to be pegged to the US Dollar and when you convert from Steem Dollars to Steem you are supposed to receive the equivalent in Steem. So if someone had 10 Steem Dollars and converted it to Steem at the current rate of .60, they would receive about 16.66 in Steem which would valued about about $10 USD. I know in your situation you went a different route but am I misunderstanding the Steem Dollar being pegged to the US Dollar?
RE: My first Withdraw from Steemit to Paypal!