Steemit Wallet 101 🤔🤔🤔🤔🤔🤔

in #steem8 years ago

Has anyone explained the functionality of the individual facets of a steemit wallet? How is the estimated value calculated? I would like some kind of " steemit wallet for dummies"!!!

Please help, I'm a CryptoCurrency and technological delinquent!!!!

I want to understand the potential and utilise the functionality correctly without exploding with frustration!!

#steemteam #trending #cryptocurrency #steemit #intelliguy

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there is a search function at the upper right corner, make use of it.

  • STEEM is the openly traded token of value. (Example: 1 STEEM = $3)
  • STEEM Dollars are units pegged to the value of USD and can earn interest over time. (Example: 1 STEEM Dollar = .33 STEEM)
  • STEEM Power is locked in the system, however, it can be "powered down" back to STEEM over a 2 year period in monthly payouts. (1 STEEM Power is worth ~0.042 STEEM each month over next 2 years)

Now I know why I received interest. I didn't know what to think of it! Thanks!

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