Steemit is a social media website that uses the blockchain and a cryptocurrency called Steem to reward participants.
You can make money on Steemit by writing quality blog posts, but also upvoting and commenting on posts. When you write blog posts you get a reward as an Author, and when you comment and upvote, you earn a reward as a Curator.
Under each and every post you can see the detail and for this particular post that has a total of $78 on it, $65 will go to the author of the post and $13 will go to the people who commented and upvoted. As you can see you can earn just by participating without writing blog posts. Payment is made about seven days later in your wallet on Steemit!
There are three different kind of Steem on Steemit: STEEM, STEEM Power and Steem Dollars
Here is an explanation below.
The more Steem Power you have the more rewards you will get as an Author and Curator. Also, the more value you will give to your comments and upvotes to others. It is important to grow your number of followers on Steemit so you can get more and more rewards. Followers with a lot of Steem Power can give you a lot more rewards than regular users.
If you look at the blogs of people on Steemit who are getting $100+ in rewards on each post, you will see that they have started with much lower rewards. The key is to persist in writing posts and participating so a breakthrough can happen.
Finally, you can change you Steem Dollars or Steem into Bitcoin on an exchange like BlockTrades, and then use Coinbase to sell your Bitcoin into US Dollars.
I’d like to share with you the latest video by Jerry Banfield who has started on Steemit just two months ago and has made thousands of USD writing blog posts. He is now a top ten author on Steemit as you can see in the image below.
You definitely want to learn from him.
New Social Media Blogging Website Pays for Posts, Upvotes, and Comments!
Published on Aug 7, 2017
Would you watch this video to and join us at at https://steemit.com/@jerrybanfield/ because this is the opportunity we have been looking for to get a return out of the time we spend online sharing our lives on Facebook, Twitter, and Reddit with our posts, comments, and upvotes? Here are answers to the questions my friends and family asked when I invited them to join!
I hope this is useful.
1.5k Views · 10 Upvotes
Upvote · 10
JethalalComment...
RecommendedAll
Promoted by Bestfolio Solutions Private Limited
All your stock market investments are absolutely free.
Now enjoy zero brokerage charges on equity investments & only Rs 20 per executed order for F&O trading.
Sign Up
Kehinde Awosemo
Kehinde Awosemo, Internet Marketer, Fx/Binary Trader/Cryptopreneur
Answered Jul 3
STEEM is a blockchain-based social media platform where anyone can earn rewards.
The Price of BTC is rising and with new technologies around Bitcoin and huge investments continuing to be inputted it is fair to say the majority believe the price is going to rocket. If you are like me and don't have a lot of money to be buying btc out right to make the investment worth while. Tried faucets and fancy something more stable than trading your hard earned. So you found your way over to STEEMIT! Price of STEEM to BITCOIN has been rising quickly and as recently leveled off as people will begin to sell. Again with more investment and users joining it is quite the earner! But what's best to earn more as you start?
I thought about keeping these tips to myself but I like to help others and feel the more people earn the more will stay!
BUILDING YOUR SP
Your SP is your steam power which earns you STEEM, as the power builds you earn more power which creates more so it is vital to build this. To do this It comes from getting involved and producing good articles, voting and commenting.
MORE CREATING, LESS VOTING
Voting can get you paid when your of a higher level, however for now its best just to be putting out material of useful content, if you don't know what to post about just think about things with value to others, guides, tutorials, tips, ideas! Interesting articles with information. Some run their account as a usual social network account but I would imagine unless your slightly famous or you don't do anything of interest this may take a while to get going.
DON'T BE LAZY!
The more you use the more you get, kind of like anything with life, the more energy and time you input the more you get! Steemit wont be the place you get rich of pictures, put some effort in and create something interesting and useful. Posts don't take long when your used to it, so just think before long you will be doing well!
COMMENT!
You can comment which can earn you little or a lot, it does depend on if the article does well and attracts lots of viewers but even so it will be building your SP slowly.
USE PHOTOS
Using photos helps break the text up and makes the article more attractive. At first if your not used to forum type websites it can be difficult but the easiest thing to do is upload your images to an online web host such as http://www.imgsafe.org and get the picture address from right clicking on the picture on the webpage. You then copy and paste this link into your post and boom! There you have it! Alternatively you can right click on pics from Google to put them into your article in the same method, be careful however for copyrights.
STAY ACTIVE
Try to keep consistent as with any social network this will ensure your building SP and earning from people voting your post! If you give up you'll never get there so try to post on a regular days of the week to make sure your putting content out.
AND REMEMBER! KEEP YOUR STEEM!
Keep your wallet growing and earn more and more! This way soon you will be able to just upvote and earn a lot of this! For now use my little tips and you should get off the ground pretty quick but remember just like a plane trying to take off it needs a lot of energy to get going! Full throttle until your at suitable climate to drop speed!