How do I make money using steemit?

in #mgsc6 years ago

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

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.download.jpg

Sort:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.quora.com/How-do-I-make-money-using-steemit

Congratulations @indianarmy! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes
You published 4 posts in one day

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @indianarmy! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem community has lost an epic member! Farewell @woflhart!
SteemitBoard - Witness Update
Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!