Hello, good night, all of you, friends, hopefully you are always in good health, and tonight I want to post about a tutorial exchange Steem Dollars (SBD) Into Steem Power (SP)
In this tutorial, we will walk you through the basics of how to convert your SBD to SP. This is a beginner's guide going through the simplest method! (For intermediate and advanced Steemians among us, there are several other ways)
To get started, start from your homepage.
1 • Select the Wallet or "Wallet" tab
2 • Next to “STEEM DOLLARS” for PC users and below for smartphone users, click the small triangle symbol around your $ amount
3 • Then Select "Convert to Steem" from the options menu
There will be a waiting time. It takes Steemit three and a half days to convert SBD to SP. After SBD is fully completed to Steem, the total amount will then appear under "STEEM"
examples like in this tutorial) Your 1 SBD has been completely converted to 13 Steem now, and you have 0 SBD remaining in your Wallet. (Remember, the conversion takes time, as fast as it is to complete.) You can now "Power Up" your Steem by following the steps, below:
Under "STEEM", click the little triangle to the left of your $ amount
Select "Power Up" from the options menu.
Congratulations! You just turned Steem Dollars into Steem Power!
Performing a Power Up has several advantages. First, make your upvote more valuable. Each STEEM value that you have Power Up will increase the value of every vote you give to another Steemian, STEEM Power - the same as STEEM. Although SP will show how much influence you have in the Steemit community. The more SP you have, the more your vote will determine.
Second, with Steem Power more than the STEEM value will make it safer. If at any time and you don't know your account was accessed by someone else, it will take more effort and time to transfer the cryptocurrency if you are at Steem Power.
Meanwhile, the weakness is that you cannot cash STEEM instantly because you have to do "Power Down" for a certain period of time, if one day you want to withdraw and transfer this cryptocurrency. We will discuss in detail what "Power Down" is all about in a separate post.
Thanks for reading! We hope you find this "SBD / SP Guide" useful. If you have any questions or ideas for future tool kits, feel free to contact in the comments section.