A Beginners Guide to Steemit for Your No-coiner Friends and Family!

Stable platform

Steemit is a stable platform where you can get all the information that you want from traditional social media, but the content you publish will pay you out in their own cryptocurrency. The benefit of this platform is that all the information shared is rewarded by others in the community that think you deserve reward! Users can virtually post as much information as they can find, to help the community grow and be compensated as such!

Once you are on Steemit you will easily earn value in your account so you can buy more coins for your cryptocurrency portfolio, or cash out and pay your car note like I do! There are also a plethora of crypto masters to get in touch with knowledge to help get you the proper information regarding the value and future of different currencies, it will become easy for you to make the right decision on which crypto will be the best for you according to your requirements.

Different Currencies Steemit Platform Operates On:

The biggest attraction of Steemit is that it has introduced two different currencies known as steem power and steem dollars, which each work in a separate way. Basically, each time you are payed out in a post, it pays you 50% in Steem and 50% in SBD (Steem dollars)

Steem Power - Steem power is like the powerhouse behind the steem platform. The more steem power your account holds, the more you pay out to others when you “upvote” their content. (When you are paid in steem power your funds are locked up for 13 weeks before you are able to get all of it out, increasing its value and making sure you don’t spend it right away!

Steem Dollars is like our paycheck that we get right away, opposed to steempower where it is more like stock options in the company. Steem dollars can be used immediately to cash out, buy more steempower, or boost your posts, which you will want to learn about.

Get help from the best

For the beginners, it is hard to understand that how the crypto world works. It is better to take some help from the professionals. There are many experts available and on the forum, you can easily ask the questions. They will give a quick response so that your issue will be resolved in limited time. It will help you make the right decision at right time.

Final word

Once Steemit crypto currency is introduced in the mass market it will be easier for anyone to make an extra 10 to 20 dollars a day to start. All they need is the internet connection and they are good to go. Just wait! Steemit will Change the world!