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RE: How To Convert Your Steem to Pounds (GBP), Dollars (USD), Euros & Other Fiat Currencies With Only Minimal Fees Deducted. :)

in #cryptocurrency7 years ago

You are welcome. Do you mean 'Power Down' as opposed to 'Power up'? Powering up is the process of investing into Steemit and increasing your power in the system - whereas Powering down is the process of withdrawing your power from the system to enable you to spend it somewhere else.

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No I want to have more power so my votes earn more for people when I vote. Right now I can vote and it gives $0.00, sometimes $0.01, would be nice to make a bigger difference than this!

Oh ok, you can either invest your own money from outside of Steemit into Steem Power (which can be done via your wallet page), or you can just set your new posts to have a payout of 100% Steem Power instead of 50% SP and 50% Steem Backed Dollars - which is the default.

Oh! Thanks! I've just checked that out, it's when you post a new article, you can change it there. I didn't even think what the 50%/50% was.
Great I'll do that for a while. Thanks for you reply and help!