Binance actively on Steemit and other social media platforms really shows how much they care. You will never get that dedication from Bittrex. I recommend Binance to anyone. Would Binance return the love and list SBD?
SBD, like STEEM has the following benefits
- High Capacity
- High Speed
- Massive User Base
- No fees
Also, SBD has the potential to become a replacement for Tether.
We here at Steemit want to have SBD listed on Binance. Binance already has STEEM listed and yet Steemians cannot take their SBD that they have earned to Binance exchange. Binance is loosing money by not making SBD available for exchange. Steemians must take their SBD elsewhere to exchange it.
Great idea, Binance should list SBD! I don’t think it’s a great replacement for Tether yet though, just look at the 6 month chart. Hopefully it will stabilize and become a reliable store of value soon.
What do you think of Bitshares BitUSD? It’s been quite stable in price and easy to store dollars there.
Men, it's a great list of opportunity of SBD, I love SBD but i need to convert it to STEEM to sent on BINANCE, I hope SBD will be listed soon. SBD I sent sometimes to Poloniex.
SBD, DAI and DGX greatly needed on Binance. All are decentralized stable coins better than the centralized Tether.
Tether it's a scam , like new scam TrueUSD, I hate him!!!!
From what I understand, Binance is the most legit exchange. Steemit is legit too and been around for longer than Binance. It seems reasonable that Binance can list SBD.
Its better than tether, but does no longer actively track the value of USD. This means that there is a larger risk to it. If I buy SBD now for 3$, they might go back to 1$ in a month or so.
So I think the logical replacement for tether would be bitusd. These are not likely to be worth much more than 1$ since they can be minted by everybody, opposed to the issuing of SBD that is controlled by the blockchain itself.
You are right that it will go back to a dollar, but definitely not in a month. The supply is just too low. To get there faster, we need more users. To get more users, we need the value of SBD to go up and for it to be listed where we use crypto.