In recent weeks Steemit has swept a brutal way. Subscribers won thousands of dollars by publishing only 1 post. It may seem incredible, but it's reality. Therefore, it is not surprising that Steemit has gained popularity with unprecedented speed.
As a beginner you would like to participate in Steemit but maybe still do not know how up everything. It is true, the operation of Steemit is not so simple. But I'll try to explain everything you need to know the best way possible so that you can start participating in this net as soon as possible.
That is Steemit?
Steemit is a social network comparable with Reddit. As Reddit users can post messages. Other users can evaluate your messages. The Difference with Reddit is that not only rewards Steemit authors of messages, but also to each user that added value that benefits the network. Osea, users also evaluate and respond to messages, they are recompensandos.
The Steemit platform is built on a new digital currency. Each day a new quantity of this new currency arises. This amount is divided between the user of the social network. Users can choose whether they prefer to reinvest this reward in the network to recover more long-term benefits, or benefits may convert their way immediata real money.
As Steemit work?
As already mentioned, every day a new amount of digital currency is created. This amount is distributed among users who add value to the social network. The more a user adds value, the greater will be your reward. Users who post messages will be rewarded. Users who evaluate messages will be rewarded. As well users respond to messages and so interesting discussiones start, they will be rewarded.
In Steemit there are 3 coins: Steem, Steem Power and Steem Dollar.
Steem:
Steem is a currency that can be bought and sold on the market. This currency can be sold in the same way that sold shares in the market. A user who wants to invest more in Steemit, you must first buy Steem. A user who wants to get their money out of the platform will also have to covertir profits in Steem (or Steem Dollar).
Steem Power:
Steem Power is a currency that allows the user to invest in long-term platform. It is not possible to convert into real money Steem Power immediato so. The conversion of Steem Power in Steem is only possible for a period of 2 years in 104 weekly payments. This feature was introduced to prevent large price changes and market volatility.
Power Possessing Steem is important for each user you want to earn more money long term. The more Steem Power somebody owns, the greater its investment in the platform which will result in greater rewards when the platform grows. A user with more Steem Power will also be more rewarded when he is rewarded for posting a message or evaluate messages from other users. It is also important to know that when someone is rewarded, half of that reward is paid in Steem Power, and the other part in Steem Dollar.
Steem Dollar:
Steem Dollar is a currency that retains its value. It was designed stable currency that can be sold so immediata. When a user is rewarded, half of the reward received Steem Dollar. A user with Steem Dollar will also be rewarded with an interest of 10% to retain their Steem Dollares.
How to turn your reward in real money?
As converts Steem Dollars earned in real money? To achieve this change, a user must follow the next 2 steps.
Step 1: Convert Steem Dollar in Bitcoin
Convert Steem Dollar Bitcoin is very easy with https://blocktrades.us/. Select the conversion of Steem Dollar in Bitcoin and put your Bitcoin address. Then click on Deposit Get Address.
After a field opens with further instructions to follow. The instructions tell you to send Steem Dollares to address with blocktrades accompanied memo.
Now you return to your Steem wallet, you click on your Steem Dollares and select transfer. A screen opens where you can make the transaction. To write blocktrades in the field and the Memo field write the memo you received from blocktrades. Now you can send your dirreccion Dollares Steem Bitcoin.
Step 2: Convert Bitcoin in Euro
To convert Bitcoin in Euro must send Bitcoins received in your Bitcoin address to a broker as there vendir Kraken and the Bitcoins in the market in exchange for Euros.
How to write your first message?
At the top of the screen is to click on Submit a Story. Now you can write your first message. It is advisable to start with an introduction of yourself in your first message. As tag you have to use introduceyourself. The more open and honest you are in your introduction message, users will appreciate it more and more will be your reward. A photo of yourself with the figure today is also good advice.
Now you are ready to use Steemit. I wish you luck !!!
Thanks For Posting
I am A Beginner
Will Need To Refer To This Here When Needed
@blocktrades I try to help the community. I hope you give me permission.
Thanks!