You are viewing a single comment's thread from:
RE: Can I get the money that I get from steemit instantly?
New here as well. Just found this in the FAQ
https://steemit.com/faq.html#What_is_the_difference_between_Steem__Steem_Power__and_Steem_Dollars
Your STEEM can be converted to STEEM power, STEEM dollars, or traded.
STEEM Power is the measurement of how much effect your voting has on other posts. Powering down can turn STEEM power into STEEM (but I'd hold on to your SP for a while until you build up a bunch of it).
STEEM dollars can be converted to STEEM before you decide to "Power Up".