How Do You Get Paid for Content?
There are actually several ways that Steemit users get paid for using the platform. The simplest ways to earn money (“STEEM”) on Steemit are:
Creating content that others enjoy.
Curating content through upvotes and downvotes.
Each user begins with eight STEEM, a cryptocurrency used by the platform. Every time you upvote someone, you endorse them with a small amount ($0.01) of STEEM that they can redeem later. This means that popular posts can be earning hundreds of STEEM dollars (currently equivalent to about $0.84 USD each), with very little investment from each individual user.
Much like with any kind of cryptocurrency, the mechanisms behind STEEM can be a rabbit hole. If you’re interested in learning more about how exactly STEEM retains value, I’d suggest reading this intro to STEEM guide, an introduction to cryptocurrency, or this explanation of how cryptocurrency works.
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Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit