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 | |
|---|---|---|---|---|
| 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 |
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.
I here are four ways to make a difference:
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
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
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
Convince a Witness to get STEEM or SBD listed on a major exchange. Just promise to use your witness vote for the witness that gets the job done. Combine your vote with others and we can influence a witness to make it happen. Your witness votes do not take away from your voting power or earnings and is simple to do. You have 30 of these votes and they don't get used up. If you decide to change your mind you can unvote a witness or switch the vote to another witness.
Just leave a comment here to promise to vote or go to this link and comment:
https://steemit.com/life/@socky/4p5sao-how-you-can-get-steem-or-sbd-on-an-exchange
https://steemit.com/life/@socky/do-you-understand-your-steemit-keys
