Welcome!
This is not the ultimate guide to Steemit, but I will tell you the story how I almost burned $5 on figuring out myself.
As counter intuitive as Crypto may sometimes be:
Steem does not exactly make everything much easier
You can buy Steem on some popular exchanges
Bittrex, Binance, Poloniex, Upbit...Steemit actually uses your account name as address!
No more c1337-W28cWH4T3V3RcK3Y5&S7uFF
We're very used to these kind of keys
So while I was figuring out which of all the impossible steemit keys to use...
This is all you need
- I almost lost 5 Dollar
By pasting a steem memo key in the address.
Luckily the exchange canceled my order
But we all know the anxiety of sending money to the wrong address!
Otherwise, go here
And then
This way it automatically converts to steem power, so you don't have to power up
After figuring out, I was confident to transfer some more.
Right now my vote is worth about 12 cents
- Although it's not that much
It feels great to upvote great content
And give a little bit of reward
It doesn't cost you any Steem yourself vote for someone
So put your money where your mouth is, and buy some Steem
And put that Steempower to good use!