How to Earn & Withdraw Money on Steemit
Steemit is one of the first blockchain-based social media platforms that rewards users with cryptocurrency for creating and curating content. Unlike traditional platforms, Steemit pays you for your posts, comments, and votes. In this guide, I will explain how to earn on Steemit and how to withdraw your money.
✅ How Steemit Rewards Work
When you publish a post on Steemit, other users can upvote it. The more upvotes you get (especially from high-power accounts), the higher your payout will be. Rewards are distributed in three forms:
- STEEM – The main cryptocurrency of the platform.
- SBD (Steem Dollars) – A stable-value token, designed to be close to $1.
- SP (Steem Power) – A long-term stake in the Steem blockchain that increases your voting influence.
You can choose how you want your rewards to be split:
50% SBD / 50% SP (default option)
100% Power Up (all SP)
Decline payout (no rewards at all)
💵 How Much Can You Earn?
Earnings depend on:
The quality of your post.
The number of upvotes and the voting power of those upvotes.
The community you post in (active communities attract more engagement).
On average, a beginner might earn a few cents to a few dollars per post. As you grow followers and gain recognition, payouts can reach tens or even hundreds of dollars per article.
💳 How to Withdraw Money from Steemit
Withdrawing from Steemit is simple once you start earning:
- Go to your Wallet on Steemit.
- You will see balances in STEEM, SBD, and SP.
SP (Steem Power) is locked and can