Why did this just get listed on Coinbase?!
LCX listed on Coinbase while STEEM can't get on there for years...
It's an interesting world we live in...
Coins like LCX get listed on Coinbase while many others cannot...
It has a total of 9k users/holders:
(Source: https://twitter.com/mrstealyobees/status/1453478257660137476/photo/1)
What does it take to get listed on Coinbase exactly?!
It's a lot easier to list ERC20 token than a coin with own blockchain... A lot of tokens are basically shooting stars, Coinbase gives them for free and then people sell them within few hours or days. Hardly any of them climb much higher in value as the initial value.
Coinbase thinks the tokens have future because of unique idea, but essentially they are pumped by the development team just before Coinbase reviews them and then the dumping happens right after Coinbase lists the token...
Interesting thoughts on erc vs coin...
Recently I had a discussion with one exchange owner about Binance Smart Chain and BEP20 tokens... Same pretty much applies for Ethereum and Tron blockchains as the underlying logic is same. As in, same support library can be used for the main currency and all the tokens issued by smart contracts... They all follow same "standard". There is no need for special handling for any of the smart contracts except knowing the address of the contract.
Yeah, this annoys me :)
Where's our steemy?!
I know right :)
I think STEEM being an older coin with a full blockchain history makes it a lot more expensive to list than a new ERC token.
Dood, that makes perfect sense.
That's the only rational reason I can come up with...
Ironically enough I heard some chatter from a few telling platforms to be careful listing specifically LCX, I wonder why that is?
What did they say?