Difference between revisions of "How to use STEEM"

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STEEM can turned into STEEM POWER(SP)by powering up in your steemit wallet or cli_wallet.
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[[STEEM Tokens|STEEM]] can turned be into STEEM Power (SP) by powering up in your steemit wallet or cli_wallet.
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It can also be turned into STEEM DOLLARS by using the 'market' option in the steemit wallet. (click on your STEEM amount)
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It can also be turned into Steem Dollars (SBD) by using the ''[[market]]'' option in the steemit wallet. In order to do so, the Steemian must click on the STEEM amount.
  
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STEEM and Steem Dollars can be transfered to other user accounts. This enables you to send funds to friends, donate to causes or pay for goods.
  
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They can also be sent to cryptocurrency [[Steem Exchanges|exchanges]] such as [[Bittrex]] or [[Poloniex]] ([https://bittrex.com/ Bittrex.com]; [https://poloniex.com/ Poloniex.com]) and then exchanged into [[Bitcoin]] (BTC). Once exchanged into Bitcoin, it can be further exchanged for other cryptocurrencies or fiat currencies, such as USD, GBP, EUR, CNY, and RUB.
  
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STEEM and STEEM DOLLARS can be transfered to other user accounts.which enables you to send funds to friends, donate to causes or pay for goods.
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=== Turning STEEM into STEEM Power (powering up) ===
  
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You can turn [[STEEM]] into [[STEEM Power (SP)]] by powering up. More STEEM Power gives you more voting influence. i.e. your vote gives more revenue.
  
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They can also be sent to cryptocurrency exchanges such as https://bittrex.com/ or https://poloniex.com/ and then exchanged into Bitcoin(BTC). Once exchanged into Bitcoin it can be exchanged for other cryptocurrencies or fiat currencies such as USD GBP EUR CNY RUB
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STEEM Power is locked ([[Vest]]) as STEEM Power until you power down.
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Power down takes 3 months and is released back to you in the form of STEEM. It is released in 13 week increments.
  
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== Turning STEEM into STEEM POWER(powering up)==
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To turn your STEEM into STEEM Power using your Steemit wallet :
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Go to Wallet. Click on your STEEM amount and select 'Power up'. Enter the amount you want to power up and click 'Power Up'.
  
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=== Send/transfer STEEM or Steem Dollars ===
  
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== Send STEEM or STEEM DOLLARS ==
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To send [[STEEM]] or [[Steem Dollar (SBD)]] to another user:
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Go to your wallet in Steemit.
  
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Click on your STEEM or Steem Dollars amount (right hand side of page)then in the box select 'transfer'
  
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In the 'to' field enter the name of the recipient. You can also add a message in the memo field.
  
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== STEEM and STEEM DOLLAR Exchanges ==
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If you are transfering to an exchange, e.g. Bittrex, you would enter bittrex in the 'to' field. You would also enter a memo given to you on the Bittrex site. This memo serves as a unique identifier for your Bittrex wallet.
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When you have entered the details click submit.
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If you then scroll down the wallet page you will see details of the transaction you just made in your wallet history.
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=== STEEM and Steem Dollars Exchanges ===
  
 
* [https://bittrex.com/ Bittrex] - Online cryptocurrency exchange
 
* [https://bittrex.com/ Bittrex] - Online cryptocurrency exchange
 
* [https://poloniex.com/ Poloniex] - Online cryptocurrency exchange
 
* [https://poloniex.com/ Poloniex] - Online cryptocurrency exchange
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* See more on [[Steem Exchanges]]
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=== Merchants accepting STEEM or Steem Dollars ===
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* [[Peerhub]]: https://www.peerhub.com - Online market place
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==Links==
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* '''Steemit''' : https://steemit.com
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* '''Steem.io''' : https://steem.io
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* '''SteemHelp''' : https://steemit.com/trending/hive-111390 ''Retrieved in February 20, 2020''
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* '''Steemit Help''' : https://www.steemithelp.net ''Retrieved in January 9, 2017. Not active in February 20, 2020.''
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* '''@thecryptofiend''' : [https://steemit.com/steemit/@thecryptofiend/the-missing-faq-a-beginners-guide-to-using-steemit The Missing FAQ - A Beginners Guide To Using Steemit]. ''September 2016''
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* '''@cryplectibles''' : [https://steemit.com/tutorial/@cryplectibles/tutorial-with-images-how-to-buy-with-steem-on-openbazaar Tutorial: How to Buy with Steem on OpenBazaar]. ''December 2016''
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* '''@sykochica''' : [https://steemit.com/steem-help/@sykochica/answering-common-questions-how-do-i-spend-money-from-my-steemit-wallet Answering Common Questions: How do I spend money from my Steemit wallet?], ''June 12, 2017''
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* '''@pcste''' : [https://steemit.com/steemit-help/@pcste/updated-newbie-turorial-how-to-turn-your-steem-sbd-and-other-cryptocurrencies-into-cash-with-spectrocoin-most-countries-covered Turn your steem or SteemDollars (SBD) into Cash, most countries covered] ''September 2017''
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* '''@davidpakman''' : [https://steemit.com/steemit/@davidpakman/how-to-walkthrough-tutorial-turn-steemit-rewards-into-real-money How-To/Walkthrough/Tutorial: Turn Steemit Rewards into "real money"] ''February 24, 2018''
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==Related articles==
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* [[Increase_your_Steem_Net_Worth|Increase your Steem Net Worth]]
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* [[Peerhub]]
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* [[Steem Exchanges]]
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* [[STEEM Tokens]]
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* [[Steem Ecosystem]]
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* [[Steem Wallets]]
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* [[Steemit]]
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* [[Steemgigs]]
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* [[Earn Steem][https://steemexperts.com/4-legitimate-ways-to-earn-steem/]]
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==External Links==
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* '''More Liberty Now''' : [http://morelibertynow.com/steem/ Everything you Need to Get Started Fast with Steemit, Social Media that Pays] ''Written by George Donnelly ([https://steemit.com/@georgedonnelly @georgedonnelly], published in 8/23/2016 ''
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== In other languages ==
  
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== Merchants accepting STEEM or STEEM DOLLARS ==
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* [[繁體中文]] (Chinese, Traditional) : [[STEEM使用方法]]
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* [[简体中文]] (Chinese, Simplified) : [[STEEM使用方法(简)]]
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* [[日本語]] (Japanese): [[STEEMの使い方]]
  
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* [https://www.peerhub.com/ Peerhub] - Online market place
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<br>
  
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== Links ==
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----
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<br>
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{| class="wikitable" style="margin: auto;"
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| Help keep this wiki page updated. Register, click in [https://www.steem.center/index.php?title=How_to_use_STEEM&action=edit edit], add or modify the text and save. <br>If you're already a steemian you can be rewarded with steem, see how in [https://steemit.com/introduceyourself/@steemcenterwiki/introduction-rewarding-steem-center-wiki-editors-with-steem-too @steemcenterwiki].
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|-
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|}
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<br>
  
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* '''@pcste''' [https://steemit.com/steem-help/@pcste/turn-your-steem-or-steemdollars-sbd-into-cash-via-virtual-or-plastic-visa-card-for-u-k-and-europe-users-other-countries-covered/ How to transfer, use an online exhange, turn STEEM or STEEM DOLLARS into fiat ]
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[[Category:Economy]] [[Category:Tutorial]]

Latest revision as of 10:26, 20 February 2020

STEEM can turned be into STEEM Power (SP) by powering up in your steemit wallet or cli_wallet. It can also be turned into Steem Dollars (SBD) by using the market option in the steemit wallet. In order to do so, the Steemian must click on the STEEM amount.

STEEM and Steem Dollars can be transfered to other user accounts. This enables you to send funds to friends, donate to causes or pay for goods.

They can also be sent to cryptocurrency exchanges such as Bittrex or Poloniex (Bittrex.com; Poloniex.com) and then exchanged into Bitcoin (BTC). Once exchanged into Bitcoin, it can be further exchanged for other cryptocurrencies or fiat currencies, such as USD, GBP, EUR, CNY, and RUB.

Turning STEEM into STEEM Power (powering up)

You can turn STEEM into STEEM Power (SP) by powering up. More STEEM Power gives you more voting influence. i.e. your vote gives more revenue.

STEEM Power is locked (Vest) as STEEM Power until you power down. Power down takes 3 months and is released back to you in the form of STEEM. It is released in 13 week increments.

To turn your STEEM into STEEM Power using your Steemit wallet : Go to Wallet. Click on your STEEM amount 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 Dollar (SBD) to another user: Go to your wallet in Steemit.

Click on your STEEM or Steem Dollars amount (right hand side of page)then in the box select 'transfer'

In the 'to' field enter the name of the recipient. You can also add a message in the memo field.

If you are transfering to an exchange, e.g. Bittrex, you would enter bittrex in the 'to' field. You would also enter a memo given to you on the Bittrex site. This memo serves as a unique identifier for your Bittrex wallet.

When you have entered the details click submit.

If you then scroll down the wallet page you will see details of the transaction you just made in your wallet history.

STEEM and Steem Dollars Exchanges

Merchants accepting STEEM or Steem Dollars


Links

Related articles

External Links

In other languages



Help keep this wiki page updated. Register, click in edit, add or modify the text and save.
If you're already a steemian you can be rewarded with steem, see how in @steemcenterwiki.


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