Steemit is powered by its value token steem and all the payments are decentralized and blockchain based.

Steemit has three value tokens: Steem, Steem Backed Dollars (or Steem Dollars) and Steem Power.

There are many ways to earn Steem, Steem Backed Dollars or Steem Power in the platform, and today we want to show you how to do it! We can only show you how to use Steemit, then it will be up to you to create new quality content or to curate quality posts, by doing so you'll help yourself and the Steem ecosystem.

Part 1 - Create a New Story

Step 1: Click "Submit New Story" and you'll be taken to the Steemit text editor

Part 2 - Curate Content

Step 1: In order to curate content you must have Steem Power, which is the "fuel" to your upvotes. Get some Steem Power

You can get Steem Power by:Writing Content: half of your reward will be paid in Steem Power and the other half will be paid in Steem Backed Dollars. You can turn Steem Dollars into Steem (see part 3), which can be turned into Steem Power.Buy Steem: You can buy steem, transfer it to your account and use "Power Up" to turn it into Steem Power (see part 5).

Step 2: Browse for Stories. You can use the search tool (1) or filter by statistics (2), tags and topics (3)

Part 3 - Turn Steem Dollars into Steem

When you receive Steem Dollars you have the option to turn it into Steem automatically, which will take 5 days. You can also use the Steem exchange to convert your SBD into Steem (see part 6)

Step 1: Click your avatar and choose "Wallet"

Step 2: Click the arrow next to your Steem Dollar balance and click "Convert to STEEM"

Step 3: Choose the amount (1) and click "Convert" (2)

Step 4: Click "OK" to confirm amount and sign into your account to authorize the withdrawal.

You are done. Just wait 5 days and your Steem will be credited according to your Steem Dollar. In this case, $0.01 worth of Steem will be credited to our account.

Part 4 - Turn Steem into Steem Power

Step 1: Click your avatar and choose "Wallet"

Step 2: Click the arrow next to your Steem balance and click "Power Up"

Step 3: Choose the amount (1) and click "Convert" (2)

Part 5 - How to use the Steemit Exchange

Step 1: Click the menu and choose "Internet Market" .

Step 2: You will be taken to Steemit's decentralized exchange. Fill in the price and ammount of steem/steem dollars you want to buy or sell.