So you want more Steem Power? Great news! I've previously written about investing in the Steem blockchain by powering up SBD to Steem Power, and often get questions in replies about how to do this. In this tutorial, I will show you two ways of powering up your Steem Backed Dollars to Steem Power, to invest in the community and increasing your voting power and curation influence, and I will actually do some of the powering up as part of the tutorial.
- Using the internal market
Under your SBD, you will notice the option of going to the "market" internal to the Steem blockchain:
This will bring us to the following page, where we'll be focusing on the left side of the market, since we are buying Steem with SBD
In this case, I'll be spending 5 SBD to buy Steem, so I enter 5 into the SBD field, which at current rates will give me 5.64 Steem. Once done, I click on the "Buy Steem" button.
After confirming and then inputting your Steem password, you will see a confirmation:
After the trade is successful, you'll see your new Steem reflected in your wallet:
Remember, we're powering up SBD into Steem Power, so now to finalize this, we need to convert our recently purchased Steem into Steem Power, done in our wallet, by clicking on "power up"
And voila, you will notice that my Steem Power has increased by a little more than 5
