How To Earn Money With Steemit (Part 1)

Steemit is an incentivized blockchain based social media platform that rewards users monetarily for participating on the platform. In other words, you can earn money on Steemit. Similar to the popular social media site Reddit, users on Steemit can publish blog post, make comments, and get paid for doing so. To make sure you have a good understanding of Steemit and the platform, I suggest you check out this straightforward article on exactly how it works.

This guide is going to take you through the five different ways that you can make some serious money on Steemit’s platform.

BLOGGING

One very straightforward way of making money on Steemit is to blog. If you can write interesting and insightful blog posts, you can quickly build a following on the platform. The bigger your following, the bigger your rewards will be on the platform. You will then be able to convert your rewards to other cryptocurrencies such as Bitcoin and then into fiat currency.

Blogging is probably the most time-consuming way of making money on the Steemit platform. It requires you to be diligent with the quality of the posts you make, as well as to actively grow the number of followers you have. It’s something that cannot be done immediately, but if done properly, can pay off in a big way.