# What is Streamit Coin?
![https://cdn1.imggmi.com/uploads/2019/9/26/560b48936304120694a761ff281eb474-full.png](url)

***StreamIt is a service for Live streamers or vloggers or YouTubers to give their subscribers rewards based upon their subscription tier. Subscribers who watch and/or idle in StreamIt Registered Streams earn StreamIt Coin, which can be exchanged for other cryptocurrencies on exchanges. This will help the Streamers retain viewers and build and grow their channel.***

***All accounts are given a StreamIt wallet address, along with a private key just in case you lose your Social media account or launch new channels. Registered users also get to opt-in to Two Factor Authentication (2FA) via E-Mail.***

***Registered StreamIt Streamers will be able to set Rewards for Subscribers classified upto 3 Tiers, set Rewards for non-subs, view idle statistics, view all transactions, time-ban or permanently ban certain users from getting rewards on their streams, run competitions, and reward active chatters.***