My Very Powerful Witness Vote Goes to Whoever Gets STEEM on an Exchange!
Get STEEM or SBD listed on an exchange and show proof you made it happen and you get my witness vote!
Everyone can do their part too.
Please join us to get STEEM & SBD on as many exchanges as possible.
The number of exchanges that STEEM and SBD are available on are severely deficient. This is hindering Steemit community and forcing the price of STEEM to remain low. I evaluated the price of STEEM at $109 because a majority of the currency is locked up in Steem Power. When comparing the liquid currency and price to other currencies in the top 50, Steem should have a market price of over $100. Why is STEEM so low? It is just not made readily available because it is on very few major exchanges. Help me change that!
Below is a list of exchanges that are making other top 50 coins valuable. STEEM and SBD need to be on as many of these exchanges as possible. If anyone has any connections to these exchanges, please do what you can to get STEEM and SBD listed.
| Exchange | Affiliated locations | Fiat | Multilingual | |
|---|---|---|---|---|
| Abucoins | Poland, Dubai, London | Yes | Yes | |
| AEX | English and Chinese | |||
| Allcoin | ||||
| B2BX | No | English and Russian | ||
| BancorNetwork | English Only | |||
| BigONE | Yes | |||
| Binance | China, Korea, Japan | No | Yes | |
| Bisq | Decentralized Exchange | No | Yes | |
| Bitbns | India | Yes | Yes | |
| Bitbox | English Only | |||
| Bitfinex | British Virgin Islands | Yes | Yes | |
| [BitFlip]9https://bitflip.li/) | Russia | No | Yes | |
| Bithumb | South Korea | Yes | Yes | |
| Bittrex | USA | No | No | |
| Bitstamp | United Kingdom, USA | Yes | English Only | |
| Bit-Z | ||||
| Braziliex | Yes | |||
| BTC-Alpha | English and Russian | |||
| BTCTrade | English and Chinese | |||
| BuyBitcoin | English Only | |||
| ChaoEX | Hong Kong | No | ||
| Cobinhood | Cayman Islands | Yes | Yes | |
| CoinEgg | No | Yes | ||
| CoinEX | Yes | |||
| CoinFalcon | United Kingdom | Yes | ||
| Coinone | Korean Only | |||
| Coinrail | Korean Only | |||
| Coinroom | Poland | Yes | ||
| CoinTiger | ||||
| COSS | ||||
| Cryptomate | ||||
| Cryptox | United Kingdom | No | ||
| DDEX | ||||
| Exmo | Spain | |||
| Exrates | ||||
| EXX | China | |||
| Gate.io | USA | |||
| GOPAX | ||||
| HitBTC | United Kingdom | Yes | Yes | |
| Huobi | Singapore, USA, Japan, Korea, Hong Kong | Yes | Yes | |
| IDAX | ||||
| Kraken | USA Yes | |||
| Kucoin | China | Yes | ||
| Kuna | ||||
| LATOKEN | Cayman Islands | |||
| Liqui | Ukraine | No | Yes | |
| Livecoin | United Kingdom | |||
| Mercatox | United Kingdom | |||
| Neraex | ||||
| OEX | ||||
| OKEx | China | Yes | Yes | |
| OpenLedgerDEX | ||||
| OTCBTC | ||||
| Ovis | ||||
| Paradex | No | |||
| Poloniex | USA | No | No | |
| QBTC | ||||
| Rfinex | ||||
| RightBTC | ||||
| Tidex | United Kingdom | No | ||
| TokenStore | Decentralized Exchange | |||
| TradeSatoshi | United Kingdom | No | ||
| Upbit | South Korea | No | No | |
| Vebitcoin | ||||
| YoBit | Russia | Yes | Yes | |
| ZB.COM |
There is more that can be done. We can do much better than that if STEEM and SBD were made available everywhere.
Did you happen to notice that the price of STEEM went up when it is listed on Huobi Exchange?
The number of exchanges that STEEM and SBD are available on are severely deficient. This is hindering Steemit community and forcing the price of STEEM to remain low. I evaluated the price of STEEM at $109 because a majority of the currency is locked up in Steem Power. When comparing the liquid currency and price to other currencies in the top 50, Steem should have a market price of over $100. Why is STEEM so low? It is just not made readily available because it is on very few major exchanges. Help me change that!
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 access. When people don't buy it or use it, the currency has little value and thus the price will remain low.
Other currencies have dedicated teams aggressively convincing exchanges to list their coin. STEEM seems to leave that task up to US.
Here is how you can make a difference for Steemit future.
I now have three forms to fill out and one contest.
#1
We need to let Poloniex know that there are many people that want STEEM and SBD wallets fixed on their exchange.
Here is a link to the Poloniex example. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/how-to-get-steem-and-sbd-wallets-working-on-poloniex-let-s-make-steem-great-again
#2
We need to let HitBTC know that there are many people that want STEEM and SBD wallets fixed on their exchange.
Here is a link to the HitBTC example. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/let-s-make-steem-great-again
#3
Follow this link to an article I wrote about listing STEEM and SBD on Cobinhood. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/how-to-request-steem-sbd-listing-on-cobinhood-exchange-by-socky
#4
Here is a new way to write a story and sneak in a mention for Binance to list SBD. If your story wins the top 50, then you can get some prizes.
https://steemit.com/steemit/@socky/enter-this-binance-contest-and-support-sbd-listing-by-socky
Thanks for this @socky
I gave barely any thought to Steem being on so few exchanges!
I've only been active for a couple of weeks now but looking at the chart on Coinmarketcap I see a spike that happened in early January this year, but can't seem to find any news or announcements, would you know happened?
I'd also love to look at a live chart with 1 or 5 minute candles but I'm not sure that even exists for now. In the meantime I'll do the same and fill out these forms. I would never have known so thanks again, this is awesome 👍
A few things happened. One was that the extreme low supply of SBD caused a massive surge in price. It went to about $15. That along with new apps being introduced like Dtube, and some others caused a surge in interest in Steemit accounts and activity. Also Poloniex and HitBTC were both trading STEEM and SBD and had wallets fully functioning.
You combine a surge in active users, free flowing STEEM and SBD on exchanges, great SBD price, and the booming market, you get a massive boost in STEEM price.
Ever since STEEM and SBD wallets on Poloniex and HitBTC went down for maintenance indefinitely, the price of STEEM and SBD have steadily dropped.
The big issue is SBD availability. Most people don't realize that SBD is a major source of new money and growth in STEEM. When it is kept off of exchanges, investors don't trade it and no new money can come into the system. This is limiting the growth of STEEM.
How the economics works is Steemians are paid in SBD. They are incentivized to sell SBD when the price is over $1.00. When it is made available on exchanges, investors buy our SBD to trade or to hold. When SBD is kept off the exchanges, there are very limited places to sell SBD. This hurts STEEM growth by not incentivizing users to be active to earn SBD rewards.
Ahh ok that makes sense, had no idea that Poloniex and HitBTC went down. It's crazy that there hasn't been more effort to get SBD onto more exchanges. I just took for granted that it was happening, my mind is now blown.
Big brother i am a small man Give me an opportunity to grow up Give me an upvote.
Now it is going down. We hope Steem will get back to its normal price @socky
Espero que no baje mas y empiece a subir, un abrazo @socky.