How to use STEEM
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 by using the 'market' option in the steemit wallet (click on your STEEM amount)
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.
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
Turning STEEM into STEEM POWER(powering up)
You can turn STEEM into STEEM POWER by powering up. More STEEM POWER gives you more voting influence. i.e. your vote gives more revenue. STEEM POWER is locked 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 STEEM or STEEM DOLLARS
STEEM and STEEM DOLLAR Exchanges
Merchants accepting STEEM or STEEM DOLLARS
- Peerhub - Online market place