For New Steemains / How to Use your Wallet

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wallet.jpeg

You can access your Steem wallet via Steemit.com.
Click the person icon at the top right and select “Wallet”
from the user menu.
Here you’ll see your STEEM, Steem Power and Steem Dollars balances.

STEEM:
With your STEEM, you can transfer, Power Up, Deposit or Buy/Sell.
Use Transfer to send STEEM to another user.
You can enter a memo to remind yourself later what
the transaction was for.
Many transactions are recorded under “History” at the bottom of the page.
Transfers are immediate and fee-free.
Use Power Up to vest your STEEM as Steem Power, which is like buying preferred stock in the Steem network. This takes effect immediately.
Use Deposit to convert your bitcoin into STEEM using BlockTrades.
Use Buy or Sell to trade STEEM on Steem’s internal marketplace.

STEEM POWER:
Click the down arrow next to your Steem Power balance and you’ll
find two options:
Power Down and Deposit.
Use Power Down to begin the withdrawal of your Steem Power balance in 13 equal weekly payments of STEEM.
If you power down, you will receive the first disbursement in one week.
Use Deposit the same as above, to convert bitcoin directly into Steem Power.

STEEM DOLLARS:
Click the down arrow next to your Steem Power balance and you’ll
find three options:
Transfer, Buy or Sell and Convert to STEEM.
Use Transfer to send Steem Dollars to another user, just like with the STEEM transfer menu mentioned above.
Use Buy or Sell to trade Steem Dollars on Steem’s internal marketplace.
Use Convert to STEEM to trade your Steem Dollars in for STEEM.
This is a good method for converting your content and curation rewards to Steem Power.
You can also cash Steem Dollars out to Bitcoin or other cryptocurrencies easily at BlockTrades.us.

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Samer

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