i think it is an uphill battle to get SBD signed up on any exchange.
i say this because if you look at it from binance's point of view there is not really a reason to list it as you can already trade it in for steem and use that.
It might seem that way, but read this argument. The benefit to Binance is that Steemians need to sell their SBD for STEEM. Binance facilitates that exchange for a fee. That is how they benefit. Steemians can also take their new SBD and exchange it for other cryptocurrencies. Again Binance benefits for each trade. Right now Steemians have to take their SBD elsewhere. That is money lost for Bianance.
But you can exchange your SBD for STEEM on Steemit, or visa versa, you don't need to go to an exchange? The benefit of additional listings would just provide accessibility to exchange with BTC/ETH or other trading pairs. It's a good idea, but in hindsight maybe trying to get STEEM listed on Kucoin, Bibox or other "fast becoming popular" exchanges would make more sense. SBD is just the liquid currency of the platform, not the share value.
Personally I think trying to get Kucoin or Bibox listing is a lot more likely. They are both token-based exchanges like Binance but with lower volume so more realistic. Both good exchanges though, without at least one of these (Binanace, Kucoin or Bibox) then SBD doesn't have a good listing admittedly.
i think it is an uphill battle to get SBD signed up on any exchange.
i say this because if you look at it from binance's point of view there is not really a reason to list it as you can already trade it in for steem and use that.
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It might seem that way, but read this argument. The benefit to Binance is that Steemians need to sell their SBD for STEEM. Binance facilitates that exchange for a fee. That is how they benefit. Steemians can also take their new SBD and exchange it for other cryptocurrencies. Again Binance benefits for each trade. Right now Steemians have to take their SBD elsewhere. That is money lost for Bianance.
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But you can exchange your SBD for STEEM on Steemit, or visa versa, you don't need to go to an exchange? The benefit of additional listings would just provide accessibility to exchange with BTC/ETH or other trading pairs. It's a good idea, but in hindsight maybe trying to get STEEM listed on Kucoin, Bibox or other "fast becoming popular" exchanges would make more sense. SBD is just the liquid currency of the platform, not the share value.
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Yap resteemed your post 😊✌✌✌✌✌✌
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Thanks for the resteem!
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Nice idea @socky it has been upvoted
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great your steem post
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does anyone know where we can track all steem anad steem dollars?
I want to know how much is where
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Personally I think trying to get Kucoin or Bibox listing is a lot more likely. They are both token-based exchanges like Binance but with lower volume so more realistic. Both good exchanges though, without at least one of these (Binanace, Kucoin or Bibox) then SBD doesn't have a good listing admittedly.
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Friend. Thank you, Thank you very much for your support. regards
Amigo. Gracias, Muchas gracias por tu apoyo. Saludos
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Keep it spreading...
I have just contribute to the campaign as I promised yesterday..it's on air Now..
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good post.
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