Party Steps Question

I don't play that much so forgive me if these are dumb questions...I decided to give the step sngs a shot since I am white hot in normal sngs (14 of 18 in the money). So a win and a 2nd place later and I am now on step 3 which got me thinking...If I wanted to could I just cash this out or sell it to someone (might be relevant if I advance to step 4 or 5)? Could I use the $200 entry for other tourneys or can it only be used for steps?

[schwza]

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can it only be used for steps?

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yes.

[skipperbob]

You cannot cashout or use for any other tourny; the only place that a sale makes much sense is at Step 5 & it is difficult to orchestrate....I bought one once for $500

Thanks...I guess will just play it out (which I was likely going to do anyway...although if Party had let me cash out $1K for a step 5 entry that might have been tempting the first time around).