Steemit is an incentivized blockchain based social media platform that rewards users monetarily for participating on the platform. In other words, you can make money on Steemit. Similar to the popular social media site Reddit, users on Steemit can publish blog post, make comments, and get paid for doing so. To make sure you have a good understanding of Steemit and the platform, I suggest you check out this straightforward article on exactly how it works.
This guide is going to take you through the five different ways that you can make some serious money on Steemit’s platform.
- BLOGGING
One very straightforward way of making money on Steemit is to blog. If you can write interesting and insightful blog posts, you can quickly build a following on the platform. The bigger your following, the bigger your rewards will be on the platform. You will then be able to convert your rewards to other cryptocurrencies such as Bitcoin and then into fiat currency. - COMMENTING & UPVOTING
If you’re someone that doesn’t like writing articles, don’t worry, there’s an even EASIER way you can make money on the Steemit platform. Simply posting a comment underneath a blog post or upvoting comments and blog posts can help make you money.
3)LEASING OUT STEEM POWER
STEEM Power really is the key to the Steemit platform. You can think about STEEM power as the amount of influence you have. The more STEEM power you have, the more influence you have on the Steemit platform. STEEM power is so important, that people actually LEASE out their STEEM Power in exchange for, interest paid out in STEEM dollar, plus the principal amount of STEEM Power that was lent out.
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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cryptosrus.com/make-money-on-steemit/
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@anas.ajnan, I gave you a vote!
If you follow me, I will also follow you in return!
Enjoy some !popcorn courtesy of @nextgencrypto!
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Great post on the Steemit Platform @anas.ajnan and continue the great work thanks. garrettwallace
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Congratulations @anas.ajnan! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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