TUTORIAL! What is Steemit and how does it work?

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TUTORIAL! What is Steemit and how does it work?
![U5dsanUNCpyDMwAT6Uq5HZSQybVb5qF_1680x8400.png](https://steemitimages.com/DQmdBMdhaMocxdiNzxUe1VnqyTWJKcszka93s5rMRWZKckC/U5dsanUNCpyDMwAT6Uq5HZSQybVb5qF_1680x8400.png)

Hello, dear stemians.

I wanted to make this publication to help new Steemit users understand a bit about how the platform works.

First of all I would like to ask you the following questions:

How many social networks are you registered?
How much time do you spend on them?
How many times do you publish a day in each of them?
How much do you get paid for publishing?
Your answer to the last question has been: "nothing"? Do not they pay you anything? But the truth is that there is a large percentage of all the content that you generate in each of the social networks of which you are a part, which has value. This value is largely measurable according to the impact, repercussion and interaction that has generated in each community.

All the information we generate in social networks is given to each company (Facebook, Twitter, Instagram, Google+, etc.) in a completely altruistic way, and this is collected by these companies to better know each of their users and to offer them products and services according to your preferences, likes and dislikes through advertising that we see every day in each social network of which we are part. Did you really think that social networks were free because their creators were kind? There is a famous adage that says "in social networks information is power", and I tell you that it is totally true, but that power is not exclusively yours.

Our world is always in constant change and the new paradigm is focused on the user, and today its importance is greater than ever, that is why today the large corporations in the world are prepared precisely by and for the user. In this sense, and in order to understand the concept and functioning of the Steemit social network, it is necessary to go back to the creation of Bitcoin.

In 2009 Satoshi Nakamoto (known as the creator of Bitcoin), launches Bitcoin, the first decentralized virtual currency. Its price would go from only $ 0.008 USD to $ 0.080 US in just two years and would jump the barrier of $ 2,500 USD in 2017. But what is truly relevant to all this? the technology behind the cryptocurrency, the Blockchain.

In principle, it was only thought about the money to use the Blockchain, but over time, the developers saw the true potential that it has and they have wanted to implement it in different sectors. It is precisely where Steemit enters.

**What is Steemit?**

Steemit.com is the social network that takes advantage of the potential of Blockchain technology to reward fair, decentralized, balanced and sustainable in the course of time to each of its users through its currency: Steem. A currency that is already in the market being quoted today at $ 2.07 USD for 1 Steem. Check the current value of the Steem by clicking here.

The amount of Steem criptromonedas existing in the market increases daily. One part is distributed to the miners who make the Blockchain transactions secure and the other part goes to each of its users as content generators.

Steemit is in beta, currently rewards your registration on the platform with Steem Power in your account so you spend it by voting for the content published and comments that help you understand an X topic or that you like.

The operation of Steemit is very simple. As a user, you have Steem Dollars and Steem Power. The first can be exchanged for physical money, virtual currencies, sent to virtual wallets. For its part, the Steam Power will serve to vote the publications and comments of other users.

When you make a publication and begin to generate content in your Steemit account, users of the social network decide if they support your content with 1 vote and with this your publication generates a value. 50% of said value will be "consumable" money and the other 50% will be voting power. It is a way to encourage users to stay active on the platform.

When you publish a post, the readers of the community will have several options to do with your content as an interaction, as follows:

**Upvote:** symbolizes a "Like" or "I like" with which your content acquires value.
**Flag:** symbolizes a "Dislike" or "I do not like" which is usually used for content considered as spam (fraud, plagiarism, hate speech, false news, etc.) within the platform. Its use means that the content does not acquire value and is less visible. (Its use is recommended exclusively for Spam content, its improper use lowers your reputation within the platform).
**Reply:** which is the option to comment on publications and answer comments.
**Resteem:** the option to share republicating the publications that are to our liking.
By commenting on a post (post) of any user of the community you also generate money, because users of the community can also vote for your comments that add value to the topics you comment and thus increase your profits within the platform.

You can make your registration by username with which you will be known in the community and your email. You must have a mobile phone since you will need to provide it at the time of your registration. Once you confirm your phone number and your mail, Steemit will evaluate your user's approval and will notify you by email providing you with a unique random password for your account (you can not customize your password, they will always provide it to you). Well when it comes to passwords, Steemit has 7 rules which I detail below:

**The first Steemit rule is: Do not lose your password.
The second Steemit rule is: Do not lose your password.
Steemit's third rule is: We can not recover your password.
The fourth rule: If you can remember the password, it is not safe.
The fifth rule: Use only passwords generated randomly.
The sixth rule: Do not tell anyone your password.
The seventh rule: Always back your password.**

A very important point is that you must save your password in a safe place because in Steemit there is no button or option to recover passwords, so if you lose it by mistake there will be no way to recover it.

Once your account has been approved, you can customize your profile with information about yourself, address to a personal web page or your preference. You can also start generating content from the first day and start earning money.

You will have access to publications of interest through the tab located in the upper left with the names:

**Home:** random publications recently published by the people you follow (Your Feed).
**New: ** new publications. They are sorted by publication time, the most recent appear first.
**Hot:** most popular publications of the moment.
**Trending:** most voted, commented and most valuable publications.
**Promoted:** publications promoted by users of the platform, supported with payments in Steem Dollar.

In the right part of the web you can segment your search by tags or tags. These tags will give you some ideas of what to start publishing. In principle I recommend the tags: spanish, steemit, steem, community. You can use only 5 tags in each publication written in lowercase and separated by spaces only. The idea is to use 5 of the tags that are located in the right panel of the page that are already created, this in order to boost your content within the platform and that this content is read by the users of the community.

**Understanding Steemit:**

I already told you about Steem Dollar and Steem Power, then I detail them a little more:

**Steem Dollar (SBD):**
It refers to a store of stable value (with respect to the real world), where each Steem Dollar (SBD) has a value of $ 1.00 USD. As of today, 1.00 SBD has a value of $ 1.72 USD. Check its current value by clicking here.

The Steem Dollar is an asset which is intended to have the same value as one (1) US dollar (USD $). It can be bought and sold in the cryptocurrency market as well as the Steem. On the Steemit platform itself there is an integrated exchange value allowing the exchange of Steem dollars to Steem. This process usually lasts a week.

The steem dollars generate an annual interest of 10% as long as they stay on the Steemit platform, but if the Steem Dollars increase in value exceeding the dollar the interest can be stopped. Conversely, if the Steem Dollars decrease their value, this being lower than one (1) US dollar and the amount thereof is not very high, then interest will increase.

If a user of the platform chooses to convert the Steem Dollars to Steem, there will be three things that can be done with the steem:

**Sell ​​it
Use it as a cryptocurrency
Convert it to Steem Power.**

**Steem Power (SP):**
It's the way you can vote in the posts, the more SteemPower you have, the more you'll be rewarded

for the creation of new Steem coins. We can even buy Steem with Bitcoin in the menu located in the upper right corner.

The Steem Power represents the influence that a user has on the social network compared to the rest of the users of the community and is measured in the Steem cryptocurrency. Steem Power can not be bought or sold, but can be transformed into Steem cryptocurrencies in a process that lasts 104 weeks. This method is known as Powering down.

Each time you create a new user, the platform gives you a small amount of Steem Power. The Steem Power you spend as you vote for content and comments within the platform, but you can always get more Steem Power through a process called Powering Up where the Steem is transformed into Steem Power.

The more you have more Steem Power, the greater the impact of each of your votes. If the content is voted by someone with a considerable amount of Steem Power, then the post will be rewarded with Steem, Steem Power or Steem Dollars.

The Steem Power has a maturity fund of 2 years, which in order to convert it back into Steem you need to have 104 payments for your items. That is why it is necessary to quickly convert your Steem Power in Steem through the publication of articles to try to get the most votes quickly.

**How to Make Money in Steemit:**


For example, you have just generated content in your Steemit account and your post or entry has reached an estimated value of $ 500.00 USD then 100% of that amount will be paid as follows:

75%, ie $ 375.00 USD will be paid to you as the author of the content of the entry.
25%, that is $ 125.00 USD is paid to the curators, that is, to the users who have voted for your ticket.
Of your 50% generated, half, ie 25% ($ 187.50 USD) is generated in Steem Dollars that are interchangeable for dollars through exchanges such as Ploniex, Cryptopia, etc. and the other 25% ($ 187.50 USD) You are paid with Steem Power. The more Steem Power you influence, the more weight each of your votes has made in other posts and the more money you earn for filtering quality content for the community by making early votes.

The faster you vote and comment on content that becomes Trending, the more dollars you earn. If you have been a user who has been able to select quality content for the community when it is just published, Steemit will reward you for helping to position this publication.

Payments are made approximately 7 days after the publication or comment was created.

**Publishing Content in Steemit:**

To make your first publication you must click on the option Submit a Story. Then you must choose a title, create the content you want to publish, choose 5 tags or labels and publish it.

Next I will guide you so that you learn to obtain your first payment of Steem in just a few hours:

**Step 1:** You must take care to write articles rich in content, an article with little text in Steemit has little value, and above all your profit goes to Steem Power and as we do not want Steem Power, what we need is to earn Steem Dollars and Steem to see the fruit of our work.

**Step 2:** Find items that have a profit of hundreds or thousands of dollars and comment on them. Create comments that add value to the article in question, so that the author of the article is interested in your comment and you upvote so that in this way you earn Steem Dollars.

**Step 3:** The more articles you generate, you will get more votes, which will result in a greater opportunity for quick profits. When you write a new article, try to get faster votes by promoting your new content on the Steem Chat channels where people usually share their votes as an exchange.

I usually use the following channels to promote my articles, for which I recommend them:

https://steemit.chat/channel/general
https://steemit.chat/channel/postpromotion
https://steemit.chat/channel/spanish

**Step 4:** Each article that you write in Steemit must have several tags or labels, which will be the channels where the community can locate your fresh content. The first label will be the main category where your publication will appear. Therefore, I recommend that you choose the label to use very well. Always use the tags located in Tags and Topics in the right panel, since they are the ones that are being used the most by the community. It does not make sense that you create a new label that nobody is using since nobody will read your publication. I recommend you always use the five labels that Steemit allows you to put on each of your articles so that your content has a greater traffic on the part of the users of the community.

Any contribution to improve this guide by expert users of the communicated, welcome will be.
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