When you win Steem Dollars for making content, you have three options
You can change over the Steem Dollars to Steem and offer it instantly on the open market for genuine cash, basically getting the money for out.
You can hold the Steem Dollars, which keeps the cash in the system and pays you 10% premium. You can offer them whenever. In the event that you think the esteem will go up and need to offer eventually sooner rather than later, this is your best alternative.
You can trade your Steem Dollars for Steem Power. In the event that you need to put resources into the eventual fate of the money and receive the greatest benefits, this is the best approach to do it.
Fantastic post! Very simple and informative, upvoted and followed!
Thanks so much Did the same ;)
This is info I like to see so I can understand what to do when I get payouts
im for option 3. i prefer to put it back into steem, espcecially once i start making more money, great post thnx.
:)
@theluke
Informative, thanks for posting