Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Steem price

Steem Price (STEEM)

$0.184856

0.63%
Rank #277

Steem Price Chart (STEEM/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance STEEM / BUSD $0.25210100 0.12% $32,123,530
2 Binance STEEM / USDT $0.20266000 0.10% $9,692,118
3 Upbit STEEM / KRW $0.18649200 0.41% $1,223,988
4 Poloniex STEEM / USDT $0.18417700 0.18% $230,810
5 Binance STEEM / BTC $0.14580900 0.34% $206,059
6 Huobi Global STEEM / USDT $0.18366300 0.22% $147,078
7 Huobi Global STEEM / BTC $0.19230500 0.54% $131,157
8 XT.COM STEEM / USDT $0.21457200 2.40% $64,420
9 Binance STEEM / ETH $0.22049800 0.12% $33,057
10 BKEX STEEM / BTC $0.24350300 0.20% $29,165
11 WhiteBIT STEEM / USDT $0.18474400 0.22% $29,063
12 Bithumb STEEM / KRW $0.18652800 0.17% $27,167
13 Gate.io STEEM / USDT $0.14947000 1.06% $22,056
14 MEXC Global STEEM / USDT $0.18777700 1.06% $17,998
15 Bitvavo STEEM / EUR $0.18379900 0.42% $17,806
16 Huobi Global STEEM / ETH $0.14739600 0.83% $7,811
17 ProBit Global STEEM / USDT $0.18620600 0.70% $6,522
18 Nominex STEEM / USDT $0.19967600 0.10% $6,088
19 CoinEx STEEM / USDT $0.18623900 1.15% $4,079
20 CoinEx STEEM / BTC $0.18568900 0.60% $2,971
21 Nominex STEEM / BUSD $0.17884000 0.22% $2,907
22 TokoCrypto STEEM / ETH $0.16642300 0.30% $1,430
23 Nominex STEEM / BTC $0.19943200 0.62% $1,392
24 ProBit Global STEEM / BTC $0.18485200 0.63% $1,311
25 TokoCrypto STEEM / BTC $0.18960400 0.33% $1,036
26 Nominex STEEM / ETH $0.19896600 0.30% $970
27 Poloniex STEEM / BTC $0.18578600 0.63% $121
28 Bittrex STEEM / BTC $0.18992000 3.42% $43
29 BiONE STEEM / USDT $0.22640100 0.97% $455,270
30 WazirX STEEM / USDT $0.18529500 2.92% $29
31 Bittrex STEEM / USDT $0.18597600 1.61% $9
32 Huobi Korea STEEM / USDT $0.22647300 100.00% $166,720
33 Upbit STEEM / BTC $0.18514400 1.88% $19
34 Poloniex STEEM / TRX $0.23295000 19.93% $61
35 HitBTC STEEM / BTC $0.03005412 16.14% $18

STEEM Price Statistics

$0
24H Range
$0
  • Steem Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $2,002,635
  • Market Cap Rank #295
  • Market Cap $81,016,729
  • Volume / Market Cap 0.0247
  • All-Time High $8 -97.75%
    Jan 03, 2018
  • All-Time Low $0 156.02%
    Mar 11, 2017


Steem: The Social Media Cryptocurrency Revolution


Introduction


Steem is an innovative cryptocurrency that has taken the world of social media by storm. Unlike traditional social media platforms, it offers users a chance to earn real rewards for their content contributions. With its unique structure and enticing possibilities, Steem has garnered a significant following and continues to gain popularity.

The Basics of Steem


Steem operates on a decentralized blockchain system, making it a secure and transparent cryptocurrency. Created in 2016 by Daniel Larimer and Ned Scott, Steem aims to revolutionize social media by rewarding content creators for their efforts. The platform provides a way for users to earn Steem tokens by posting, voting, and interacting with content.

How Does it Work?


Steem's ecosystem revolves around three significant components: Steem Power (SP), Steem Dollars (SBD), and Steem. Let's break it down:

1. Steem Power (SP): SP represents a user's influence within the Steem network. Holding more SP increases voting power and a user's ability to earn rewards. It's not immediately liquid, as it requires a waiting period before converting it back to Steem or Steem Dollars.

2. Steem Dollars (SBD): SBD is designed to have a stable value, aiming to counteract the price volatility associated with other cryptocurrencies. It's redeemable for approximately one US dollar worth of Steem on Steem's internal market.

3. Steem: Steem is the base cryptocurrency and can be traded on various exchanges. Users can also exchange their Steem for Steem Dollars or delegate it to gain more Steem Power.

The Power of an Upvote


One of the most exciting features of Steem is its upvoting system. By upvoting quality content, users not only support the author but can also earn rewards themselves. The more influential the voter (higher Steem Power), the more the upvote is worth. This engenders a merit-based system that motivates content creators to deliver valuable posts and fosters an engaging environment.

Building a Community


Steem's unique reward system encourages users to engage with the platform, fostering a thriving community. It offers a broad range of topics and interests, providing an inclusive space for everyone. This collaborative aspect has led to the development of Steemit, the flagship social media platform built on the Steem blockchain.

Conclusion


With Steem, social media gets a significant facelift by combining it with blockchain technology. Users no longer serve as mere spectators, as they actively participate and earn rewards for their contributions. Steem has opened up a new realm where creativity, engagement, and content quality matter, enriching the social media landscape.