The different types of Steem this concept may look somewhat difficult to understand but once you get hold of this concept it will be easier for you to understand Steem and 2 and postings there are three types of sting currency the first one is Steem the second one is Steem power the third one which is the last one is steem Dollar let us have a look what is Steem Steem is the main currency and the Steem platform. it is a liquid currency if you don't know what is liquid currency it is simply a currency which you can use to buy or sell anything and this is Transferable from one user to another user and also you can step this currency with other currency like Bitcoin or ethereum on various cryptocurrency exchanges bittrex poloniex is one of those exchanges.
Where you can swap Steem with other currency as I said earlier you can convert Steem to other currencies like Bitcoin or you can convert Bitcoin to Steem.One important thing is Steem has hundred percent inflation and Holly so the value is very volatile
The second type of currency is Steem power this is a long-term currency you cannot convert this currency into another form would it but still power is one of the most important currencies on Steem network if you hold mre Steem power you have more power on the network and you will and more dollars when you are put a content the value of your vote will be proportional to the Steem power you are holding .So it means you should add more Steem power to have more control on the network and to earn more money if you are holding 100 Steem power you will get 15% of inflation for that Steem power you can power up are bored and your FB what is polyp is simply transferring you are a Steem to Steem power board on power is selling your Steem power it means your transfer in your Steem power to Steem but when you are falling down your Steem power you will not get that currency immediately into your Steem so it takes 13 weeks to get the currency into your wallet each week you will get a portion of your Steem power as Steem into your wallet
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