Steem

Steem

Social blockchain rewarding content creators and curators with cryptocurrency for quality posts, comments, and community engagement

Launch Year
2016
Consensus
Delegated Proof of Stake
Max Supply
Uncapped (inflationary)
Block Time
~3 seconds
STEEM
STEEM
Steem
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap STEEM Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Steem Price Chart

STEEM / USD
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Data by CryptoCompare

About Steem

Steem is a blockchain-based social media platform that rewards users for creating and curating content. Launched in 2016 by Ned Scott and Dan Larimer, Steem powers the Steemit social network where users earn STEEM tokens for popular posts and comments. The platform introduced a novel three-token model: STEEM (the liquid token), Steem Power (SP, the staked governance token), and Steem Dollars (SBD, a USD-pegged stablecoin). Content creators and curators receive STEEM rewards based on community votes, making it one of the earliest blockchain-based social media experiments.

History

2016
Steem blockchain launches; Steemit social media platform goes live
2017
Steemit grows to 1M users; STEEM surges during crypto bull run
2018
Steem witnesses significant user growth despite bear market challenges
2020
Justin Sun acquires Steemit Inc.; community forks to create Hive blockchain
2021
Steem continues under Steemit leadership while Hive grows as the community fork

How to Swap STEEM

Exchanging Steem (STEEM) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose STEEM as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending STEEM from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store STEEM

Store STEEM in your Steemit account wallet or Keychain browser extension. The Steem Keychain extension provides secure key management for Steem-based apps.

Frequently Asked Questions