These are the things that every new user needs to know in order to grow

umar51 (62)mutedin Steem Alliance • 2 years ago

What is Steemit

First I will talk about what is steemit so that new users can know its history Steemit is a modern blockchain based social media platform. It is a decentralized application (dApp) built on the Steem blockchain, and uses the native crypto STEEM to reward users for content creation and curation. There are pros and cons to combining social media and cryptocurrency. It was launched in 2016 and after about 3 to 4 months it was hacked by hackers and the total number of accounts was around 278 and after that it was worked on in various ways after working hard day and night. After a few years, millions of people are working on this platform and earning and learning from it.

How can we earn

These things are very important because many people think that how can we earn from this platform and if we earn, how to withdraw and sell it because many such websites. It has come out which is fake and because of which people have lost their online work, so many people think that it is not fake, this is a very important post for them, especially for new users. I have told about all the currencies of steemit, how to get them and how to withdraw them.

How many currencies does Steemit have in total?

These are the three currencies of steemit, @SBD @steem and @TRX. I will talk about SBD when we used to get votes. That means when we checked in our steemit wallet, SBD came.From there, we used to go to the transfer and then write as many SBD as there were and convert it into steem, but now due to the price of steem, we get direct steems now. have been.

SBD.
STEEM.
TRX.

SBD

This is a steemit token like many cryptocurrencies when up-vote is posted then when we redeem it after 7 days we get SBD and we can't direct sell it so We convert it to steem and in addition, these SBD are lost when the price of steem is low, when the price of steem is more than 60, then we get SBD. If one SBD is found, then its 12 or 13 Steems are also available and it depends on the rate.

Currency Steemit	Pkr	Dollar
1 SBD	445.68	$2.01

Steem

If we talk about one steem then it is 37.98pkr.If we want to transfer it to binance then we will first put our binance address and memo on it and then send it to our binance if you want to send it to any exchangers. You can also sand here and after that you can transfer it to USDT and you can seal it.

Steemit Coin	Pkr	Dollar
1 Steem	37.98	$0.17

TRX

This is the third currency of steemit named trx when post payout after 7 days then you will get some trx if the price of trx if discussed in pakr is 11.91.Just like we can send steems to any of our exchangers, we can also send it to any of our exchangers.

Currency Steemit	Pkr	Dollar
1 TRX	12.91	$0.05

Conclusion

This is very important information which will be very useful for new users because when new users come to this platform they should know what steemit is and how to earn on it and in addition to that. How to withdraw and also what currencies we will get and where we will get all this is very important for all new users to know about such information.