Hi Scorps,
I will tell you everything I know to help You:
Steem:
Steem is a crypto-currency currently valued at $2.5.
Steem is what is the money that is used on Steemit.
Steemit:
Steemit is a social media on the Steem blockchain.
Upvote:
When you upvote a person's post, you are paying that person Steem,
also you get rewarded 7 days later as a curator.
Curator:
When you upvote, comment, or make a blog, you are rewarded 7 days later as a curator, and be paid in Steem Dollars or Steem Power.
Steem Power:
Steem Power is your investment in Steem. It is locked up Steem,
and controls how much your upvote is worth.
*Anything else, just ask me :)
Thank You so much for this information.
How can the Steem be withdrawn?
Steem can be withdrawn by having a Crypto-wallet.
If you have an android phone,
the 'Mycelium' wallet can be downloaded from the Google play store.
Alternatively, you can transfer the Steem to an online exchange,
but there are potential risks with online exchanges.
I have a GreenBits wallet . Can I transfer Steem into GreenBits wallet?