A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers. There are so many ways to invest in cryptos but today we're discussing how to earn free cryptocurrency.
On today’s show, Matt and Joe will be riding solo or is it in tandem? There is no guest on this episode. They will discuss Matt’s experiments with blockchain, trading, and how to earn some cryptocurrency using the blogging platform steemit.
“Your content can be postings or commenting along with all the interaction modes and get paid for it.”
Some topics that were discussed include:
What is SteemIt?
How to earn free cryptocurrency
What we learned from Michael Taggart about earning free coins
Differences between SteemIt and Reddit
Some rules of thumb for posting in comments
What are Steem dollars and Steem Power and how to earn them
Converting Steem Dollars
3 Things you can do with Steem Dollars
Being a powerful Curator from day one
Powering up and powering down
3 ways to get approved on SteemIt
Matt and Joe’s experience in signing up
How to create a completely anonymous SteemIt account
The first step once you have a SteemIt account
How to start building a following
How to introduce yourself in an effective way
Matt’s testing process
How to start earning using SteemIt
And much more