STEEM can be turned into STEEM Power (SP) by turning on your steemit wallet or cli_wallet. It can also be turned into Steem Dollars (SBD) using the market options' in the steemit wallet (click on the number of your STEEM)
STEEM and Steem Dollars can be transferred to other user accounts. That lets you send funds to friends, donate to cause or pay for goods.
They can also be sent to bursakriptocurrency such as Bittrex or Poloniex (Bittrex.com; Poloniex.com) and then exchanged with Bitcoin (BTC) .After exchanging with Bitcoin then it can be redeemed with other currents of cryptocurrencies or fiat such as USD, GBP, EUR, CNY , and RUB.
Turning STEEM into STEEM Power (powering up)
You can turn STEEM into STEEM Power by turning it on. More STEEM power gives you more sound effect. your voice gives you more revenue.
STEEM Power is locked as STEEM Power until you turn it off. Power down takes 3 months and is released back to you in STEEM form, launched within 13 weeks.
To turn your STEEM into STEEM Power using your Steemit wallet: go to the wallet. Click on your STEEM number and select 'Power up' enter the amount you want to power up and click 'Power Up'
Send / transfer STEEM or Steem Dollars
To send STEEM or Steem Dollars to other users, go to your wallet in Steemit: click on STEEM or Steem Dollars amount (right side of page) then in box select 'transfer'
Then in the 'to' field enter the recipient's name. You can also add messages in the memo field.
If you are transferring to an exchange, such as bittrex or poloniex, you will enter bittrex in the 'to' field, you will also enter the memo given to you on the bittrex site. On this occasion the memo works as a unique identifier for your bittrex wallet.
When already entered details click submit.
If you then scroll down the wallet page you will see details of the transaction you just created in the history of your wallet.
STEEM and Steem Dollars Exchanges
Bittrex - Online cryptocurrency exchange
Poloniex - exchange of cryptocurrencyonline See more on Stock Exchange Steem
Trader accepts STEEM or Steem Dollars
Peerhub: https://www.peerhub.com - Online market place
Link
Steemit: https://steemit.com
Steem.io: https: //steem.io
Steemit Help: https: //www.steemithelp.net