How do I make money using steemit?

chasad75 (71)in #steemit • 8 years ago

The best thing to happen to you is when you start enjoying making money. The icing on the cake is when you can make crazy money with zero investment. Well, it’s certainly possible, and Steemit is the platform that can make it happen for you.

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What is Steemit?

Steemit is a blockchain-based social media platform that rewards people for creating content. It is a place for individuals where they can create content, promote the content they deem good, comment on others stories and all this while earning money, sometimes thousands or even tens of thousands of dollars for single posts.

You can make money on Steemit by writing quality blog posts, but also upvoting and commenting on posts. When you write blog posts you get a reward as an Author, and when you comment and upvote, you earn a reward as a Curator.

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How does Steemit work? (Making Money with Steemit)

To start with, signing up on Steemit is free.

Steemit pays you for taking part in its theme activities through Steem, Steem Power, and Steem Dollars. Steem has already become a popular digital currency. The best thing is that the payment can be converted to US Dollars in exchanges.

Basically, there are two opportunities for you to make money with Steemit.

First is by Blogging or Posting. Here, you have to share your original and unique posts. When other members up-vote your post, you receive a payout. The number of upvotes determines your payout. Depending on the number of upvotes you get, you can receive 75% of the total payout.

Second, is by Curating or Voting. Steemit pays you for upvoting a post before it goes viral. You are entitled to a curation payout when you upvote a post. The reward amount can be up to 25%. However, it also depends on the amount you have vested, known as Steem Power.