The base currency is STEEM; the counter currency is BTC. The STEEM/BTC rate indicates how many bitcoins one has to spend to buy one STEEM coin. At its core, Steem is a content-driven social network based on the Steem blockchain. The network itself is called Steemit, STEEM is its native digital currency. The network runs another two tokens – Steem power (SP) and Steem dollars. Unlike Steemit, Bitcoin was launched to serve as a peer-to-peer digital currency. Discover the STEEM/BTC chart at Capital.com.