Steemit is a blockchain-based social media website. Users can earn STEEM for publishing and curating content on the website. STEEM is a cryptocurrency that traders can trade on cryptocurrency exchanges like Binance, Huobi, and Bittrex. Steemit Inc., a privately held company based in New York City owns the Steemit website. Ned Scott and Daniel Larimer founded Steemit, Inc. in 2016.
Users are paid in Steem Dollars (SMD) for posting content on the Steemit website. Steem dollars are equal to 1 USD. SMD holders earn more than 10% interest yearly on Steem Dollars.
Steem Power is a token that shows how much ‘power’ a user has on the Steemit platform. Users with a lot of Steem Power earn Steam Dollars quicker. Selling SP can only be done over a period of 104 weeks, which prevents users from withdrawing all their money and causing the Steemit economy to collapse.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.
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