I have not seen any mention on Steemit yet of Changelly, so I thought I would make a quick post.

Often times I try to go from Steem to Steem Dollars, and the internal market is too illiquid at times to make a trade that I would like

I like Changelly. I can switch from Steem to Steem Dollars without having to go through the internal market, or going through an exchange like Bittrex where I would have to go Steem to Bitcoin, Bitcoin to Steem Dollars--along with the added fees along the way.

Changelly seems to be able to go from Steem to Steem Dollars quickly and without major fees.

(There is a 0.5% fee on all transactions--so it's not completely free. But with only one step in a trade hopefully that is cheaper than going Steem--Bitcoin--Steem Dollar.)

I just did a transaction where I got better deal for my Steem on Changelly than I would have gotten on the internal market. (From experience this isn't always true.)

The transaction was this, I got 4.282 Steem Dollars for 36.582 Steem, which was a slightly better deal than what I was offered on the internal market.

I think Changelly would be very useful when trading the Steem Dollar peg. Convert a Steem Dollar to Steem over seven days, then transfer that Steem to Changelly for Steem Dollars. Thus buying a dollars worth of Steem for 95 cents, or whatever the peg is at the moment. (This conversion is supposed to drop to 3.5 days whenever the changes take place.)

You can use Changelly for changing most cyrptocurrency to any other cyrptocurrency. (I'm new to this crypto thing, so they're maybe a currency missing, but they have the ones I recognize.)

Click here to read more about Changelly.

So Changelly seems to be another alternative to try out when exchanging your Steem. If you have any experience with it please share in the comments below.