What is steemit?

Good day everybody!

About steemit:

Steemit.com is a page that pays you for the attention you receive from "steem-power" holders

You get paid in the currencies called "steem" and "steem-power" for your posts, you can withdraw steem anytime , but steem power is locked for 2 years making the whole system more valuable.

Usually every post you make is rewarded 50% in steem and 50% in steem power, you can convert steem to steem power anytime, or set it so the reward is paid 100% in steem power on every post.

How much steem-power you have determines the value of your likes, the more steem-power you have the more money people earn when you up-vote their posts.

The currency steem can be withdrawn from the site anytime, but all steem power is locked for 2 years on your account, if you try to convert the steem power back to steem before the time is up, you lose a percentage of the total.

You are paid in steemit not only for posting or commenting on other people's posts, you are also paid in steemit a percentage of the amount you hold in Steem power.

Besides steem and steem power, there is a third option within steemit called "steem dollars", you can convert your steem into steem dollar anytime, you can also withdraw steem dollar directly, the main difference between steem and steem dollars is that steem dollars will always be worth $1 per unit, while the price of steem changes every second.

Once you decide to have a payout you only need to send the steem or the steemdollars to bittrex.com or poloniex.com within those websites you can convert steem and steem dollars into bitcoin or any other currency within minutes.

You are not required to use your real name on the steemit account, no deposit is needed to start.

Steemit.com is already one of the most popular sites on the internet due to its innovative reward system.

Dont waste this chance of making money by posting anything.

Regards
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