RE: Why is STEEM being held hostage on the Binance exchange?

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Why is STEEM being held hostage on the Binance exchange?

in steem •  7 years ago 

may because of the difference in price. to prevent arbitration

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I actually checked on this earlier, and there is no longer a profitable price difference between Poloniex, Bittrex, or Binance to arbitrage. Coincidentally, deposit functionality for STEEM is now available on Binance, but withdrawals are still suspended.