Payout??? how that really works?

in #steemdollars • 8 years ago

Help wanted about payouts. I've read many posts about that but none gave me the answer I am looking for.
The situations :
I have a post saying it's worth 180 steems one week ago.
OK nice... so I read about how to have these steems in my wallet and convert them to Steem dollars...
I read that in 24hours i can have the money... but didn't know how to do... So please if somebody could help my total ignorance about how this works... It would be more than appreciate. After 2 weeks it fells to 140 steems... i really don't have a clue about how all this works...

HELP HELP ;)

#payout #help
8 years ago in #steemdollars by
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     8 years ago 
    • Posts pay out after 2 time periods. The first is 24 hours but can be extended by the voting. The second is 30 days.
    • The amount you see on a thread is an estimate what the thread pays out.
    • At payout %75 goes to the author divided equally between SBD and Steem Power with %25 going to curators who voted in the form of Steem Power.
    • Steem Power is what gives your votes weight. You can power down and receive payments in the form of steem over 104 weeks.
    • Both steem and SBD can be sold on exchanges for other cryptocurrencies like bitcoin. Bitcoin can be converted to fiat.
    [-]
     8 years ago 

    Thank you soo much.
    And after the 30 days period, I will have to do an action or it will automatically go to the wallet?

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       8 years ago 

      It will go to your wallet automatically.

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       8 years ago 

      thank's for your time and knowledge

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