Sending STEEM or SBD? New users should double check!
I've heard from a handful of new users that when they first joined they didn't quite realize that STEEM and SBD are two separate currency.
This usually comes up when they make their very first transaction either ordering an Upvote from an Upvote Bot, sending a 0.001 payment for a membership fee, or any other transaction new users perform.
Know the Different
STEEM referred to as STEEM or just Steem is the main cryptocurrency.
Steem is the main cryptocurrency. You can purchase it on exchanges and its main use is to Power Up so your upvotes become worth more.
Steem Backed Dollars referred to as SBD or Steem Dollars
Steem Backed Dollars is what you get paid in for blogging. You actually get paid 50% in SBD and 50% in Steem Power (Powered Up Steem).
So if a payment requires Steem, you will have to turn your Steem Backed Dollars into Steem to be able to send it.
Always double check if the person/bot you're paying wants Steem or SBD.
Hope that helps! Follow for more Steemit tips and Steem On!