Upbit designated SBD as a cautionary crypto.

in hive-103599 •  3 days ago  (edited)

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Source: Upbit exchange

I was shocked since I read Upbit exchange designated SBD(STEEM Dollars) as a cautionary crypto.

@steemitblog

Honestly, STEEM foundation should have developed SBD to do something like bridging STEEM and Tron blockchain, LP(Liquidity Provision) pools such as SBD/USDT, SBD/STEEM, SBD/TRX, SBD/USDT/STEEM, SBD/USDT/TRX. I don't know what they have been doing.

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Source: CoinMarketCap

HTX supports SBD trading. For now, Upbit doesn't support SBD deposit. You can withdraw or transfer SBD to HTX. I hope they will do something for SBD asap 🙏

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Well, thanks for the information. It certainly helps explain why SBD suddenly took a 50% dive... makes sense, since most the trading volume has historically come from Upbit.