You are viewing a single comment's thread from:
RE: HELP Get the Price of STEEM up over $100!
I don't think that getting Steem on more exchanges will automatically increase the Price, especially when it is already listed on the biggest ones, but we might get a few more users and that is the most important thing!
You will want to support when you understand how beneficial it is to get STEEM and SBD listed on exchanges.
Number of major exchanges that list both STEEM and SBD = 2
Both of these exchanges are NOT multilingual. Bittrex is English only and Upbit is Korean only.
Binance is a major exchange that is multilingual, but it only lists STEEM and not SBD. Steemians are getting paid in SBD and can't take the SBD to Binance.
There WERE two other major exchanges (Poloniex and HitBTC) that listed STEEM and SBD. Back when they both had functioning STEEM and SBD wallets, STEEM price got as high as $8. They have since disabled the STEEM and SBD wallets making using the exchange for either STEEM and SBD completely useless. Those wallets have been disabled for about 4 months. I presume that they will never fix the wallets.
Lets put the lack of exchanges concept in perspective. Perhaps you want to buy a new car. You have plenty of Ford, Chevrolet, Toyota, Dodge, Mazda, Volkswagen, Subaru, and Honda dealerships where you live. They speak the same language that you use. However in order to buy a Hyundai, you have to go to another country to buy it and they don't speak your language. There is a high probability that you would not buy a Hyundai.
This is the dilemma with STEEM and SBD. As a currency, if it is not made available everywhere, then people would likely use something else. In comparison to other currencies ranked in the top 50, STEEM and SBD are severely lacking availability.
Other currencies have dedicated teams aggressively convincing exchanges to list their coin. STEEM seems to leave that task up to us.
Please, if you have any spare time, fill out the form. It won't require you to get an account and will help STEEM and SBD if it gets listed.
Getting Binance to list SBD is a good idea. Yeah, for SBD it is a big problem to buy it from the exchange. Cause a lot of people don't have verified accounts on Bittrex or Poloniex.
why not, fresh money always helps..