STEEM/USDT listing on Binance is the Future

Hello Steem-Ship friends wherever you are, may Allah always be in good health and blessed with peace for all of us, success for us wherever we are.

In this post I proudly want to share my analysis of the STEEM economy. The STEEM ecosystem seems to be continuously evolving, even more so with the listing of STEEM with USDT Pairs supported via the BINANCE exchange platform. STEEM/USDT has been listed since 04-22-2022 at 10.00 UTC.

Meanwhile, in the past in 2020 there was tension between Steemit.inc and BINANCE. Even some issues were launched in public with Delisting STEEM on BINANCE. However, since then BINANCE looks more neutral in responding to the ongoing conflicts on the STEEM Blockchain network, especially with the Steemit.inc company.

At that time, BINANCE opened up opportunities for STEEM and listing with BTC and ETH pairs. However, as the development and progress of the STEEM economy, especially on the improved governance of the Steemit.com platform, BINANCE opens up opportunities for STEEM/USDT. It seems that BINANCE is also starting to show their neutral stance and provide more opportunities to increase the value of investments on the platform.

In my opinion, the opening of the STEEM pair with USDT provides an opportunity to increase STEEM investment on the BINANCE platform. STEEM/USDT is a new hope for the progress of the STEEM economy which will allow more investors to be attracted to STEEM trading on Binance. On the one hand, the STEEM/USDT listing also provides BINANCE with benefits for trading activities and the adoption of an exchange network that benefits from transaction fees.

STEEM is a friendly coin with a fairly low trading fee, STEEM offers quite a profitable investment. The same thing is shown by USDT as a stable coin which has a value equivalent to USD 1:1. The up and down movement of the USDT value is based on the USD exchange rate, this is actually different from BTC or ETH which has a fairly volatile rate of increase and decrease.

To note, USDT was created on top of the Ethereum blockchain or the ERC-20 token standard. But for now, there are many networks that have adopted the USDT system with low trading fees, such as TRON which is on the TRC-20 coin standard. USDT which is on the TRC-20 network makes it easy for us to transact with a fast transfer network and low fees.

Using USDT gives us 3 benefits when trading, namely fast, secure and stable value transactions. I am very interested in the listing of STEEM/USDT on BINANCE, I can trade easily on stable pairs compared to BTC or ETH. The STEEM/USDT pair provides an opportunity for increased STEEM trading and investment activity on Binance.

I am sure that in the future the value of STEEM will continue to survive even in severe crypto crush conditions, but steem will not lose its value in the market. I hope that in the future, BINANCE will also open a STEEM/BUSD pair that can boost the STEEM economy on the adoption of the Binance network. Hopefully the Steemit, inc and Binance teams can continue to work together to provide advancement opportunities in the STEEM ecosystem.

This is my brief review of the constantly evolving STEEM economy on the Binance exchange platform. Thank you for reading and supporting my post. Good luck to all of us!

Regards,
@ponpase