This post is mainly dedicated to new users of steemit and our friends in other Social Networks(Facebook, Reddit, Twitter, Youtube...)

So what's Steemit exactly?

Steemit is a social network when you can make money by making content.Its main currency is Steem.

Steemit is based on a blockchain technology making Steem a cryptocurrency like bitcoin, Lifecoin, Ethereum.

How can I make money?

By creating content you get paid, which means posting content, commenting other posts or even liking a post(Upvote in steemit).

How do I get paid?

In steemit, there are 3 cryptocurrencies...

1.Steem

2.Steem Dollar(SBD): it's a token equivalent to 1 USD.

3.Steem power: The power of an upvote depends on how much an account worth in Steem power,1500 Steem power=0.25 USD.So steem power is basically the long-term investment in steemit.

So you will have the opportunity either to get paid 50% USd/50% steam power, or 100% steam power.

Then you have the option to exchange your USD in steem and steem in bitcoins.





What about Steem Power? how to exchange them for money?

Upgrading your Steems to Steem Powers in a process called Power Up.

Degrading in the other hand your Steem Power to Steems is a process called Power Down, wich unlike powering up can take several weeks to get the full amount and that's because it's a long-Term investment.





Does posts' quality matter?

Of course! Because in steemit you have a reputation and each one is 10 times stronger than the last one.Posting good quality content gets you upvotes and the more value these upvotes have, the more reputation yo gain.This system is built to eliminate low content.





Why I should join the community?

Steemit is a new-born baby that showed us a lot of hope and ambition.The charming idea of integrating a social network with making money is very innovative and can make a huge success in the near future.i believe that the price of steem will reach 10 USD soon and I will write a post explaining why.Besides we have such a wonderful community, supporting and caring for each other! So join us and don't hesitate!





I believe I have answered many of your questions.If you have any other question in mind make sure to leave a comment below!



