Fact on steemit.

in #wealth6 years ago

How will it feel like if you are paid money to use
social media ? In this article we will be looking at how to make money on Steemit.
The most trending thing on the internet is Social media: from Facebook to Twitter to Instagram and the the rest. People spend most of their days on social media. Have you ever wondered “what if I can make money from social media directly?.” The answer is yes you can: there is a social media network called Steemit that pays you to post and comment. Keep reading, we will be looking at how to make money on Steemit.
What is Steemit?
Steemit is a social media platform that rewards it users using a blockchain and a cryptocurrency called Steem. What this mean is that Steemit has its own cryptocurrency called steem and pay users with it. Just like you have Bitcoin and Litecoin, Steemit has its own built on blockchain and its called steem.
To put it in simple term, Steemit is a social media website that pays people for posting, commenting and upvoting on it webiste. If you are still confused, maybe this will help: It is like Facebook paying you for posting and commenting on Facebook. That sound very interesting right?
You can register or login into Steemit by clicking here . So now let’s look at how to make money 1_wt-yaiQmFaIx3Q6U4NvfGQ.jpegUNDERSTAND HOW IT WORKS
Just before we look at how to make money on Steemit practiacally, there are few things we need to consider that will help you understand Steemit and how it works. These are Steemit languages that you will come across quite often as you try to make money on Steemit.
Here are some important terminology you should know if you are looking at how to make money on Steemit:

  1. Steem: Steem is the main currency token of Steemit. You can use it to power up Steem Power or trade it for Steem Dollars, transfer to other accounts and more. Like I mentioned earlier, it is crptocurrency just like Bitcoin and the rest.
  2. Steem Power (SP) : If you are looking at how to make money with Steemit long term then this should be your chief concern. Steem power is the value of influence each memebers has on Steemit. The stronger your Steem power, the better your chances at making money with Steemit. You can influence posts and comments depending on how strong your Steem Power is. If you have a very strong Steem power, one upvote from you can take a post or comment from bottom to top.
  3. Steem Dollars (SDB) : Steem dollars are liquid currency that are pegged at $1. You can use it to acquire Steem or f1_b6VWUdRAVLZQ7gVQS_qRIw.jpeg

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