STEEM is on Binance.com: The Fastest Growing Cryptocurrency Exchange
We are excited to announce the listing of STEEM/BTC, STEEM/ETH, and STEEM/BNB trading pairs on Binance.com!
At present, Binance is ranked #2 in trading volume and is expected to be one of the major players in cryptocurrency trading as we move into 2018.
About Steem
Steem is a blockchain-based rewards platform that helps publishers monetize content and grow their community by providing a scalable blockchain protocol for publicly accessible and immutable content, along with a fast and fee-less digital token (called STEEM) which enables people to earn the currency by using their brain (what can be called “Proof-of-Brain”). More information can be found in the Steem Bluepaper.
In 2018, the Smart Media Tokens (SMTs) protocol will be proposed to the community which may choose to add it to Steem. SMTs will allow content platforms and communities to launch their own customized Proof-of-Brain tokens with real-time fee-less transfers on the Steem blockchain. Along with built-in smart contracts that enable fundraising opportunities like ICOs and Founders Tokens, SMTs will allow anyone to tokenize their platform and bootstrap the value of their coin by leveraging all the lessons learned from STEEM and steemit.com. More details can be found in the SMT Whitepaper.
For more information, please visit: steem.io.
About Binance
Binance is one of the fastest growing cryptocurrency exchanges in the world. Led by Changpeng Zhao, the Binance team has experience in both wall-street and cryptocurrency finance. The underlying Binance platform has been deployed on 30+ exchanges already. It supports all devices and multiple languages, offering a seamless user experience. Binance’s certified matching engine is capable of processing 1,400,000 orders per second, making Binance one of the fastest exchanges in the market today.
For more information, please visit: https://www.binance.com/
fianlly but worth to mention i came with idea long ago and some people of INC staff were in touch with them https://steemit.com/steemit/@kingscrown/10-000-steemit-followers-special-another-chance-for-steem-to-get-on-huge-chinese-exchange
Every time there is good news about steem is great for us steemians :D
And SBD?
Doesn't binance is standing beyond USDT? It's risky.
But anyways - more exchanges is the merrier.
More power to Steem! If good to see this news since everything is in red nowadays. It brings our hopes up quite a bit.
It's a very good news, but Chinese new year is coming, I think after the new year, in March, Steem will boom!
I agree! Crypto is always red at this time of year, so it will be going back up once Asian new year is over.
I'm only 2-3 months into the crypto world. Question, could asian new year also result in more withdraws? Thanks for sharing.
It has a huge impact on stocks and the crypto market every year.
I read somewhere recently that, historically, the negative effects of Chinese New Year on the markets taper off about two to three weeks before the holiday begins.
It really taper off before it even begins? I don't really get why this make any sense; I would expect it to recuperate a few weeks after it ends?
Thanks valth!
Thanks for the comment wk93. Good to know for next year ;)
Yes, in the last few years it has impacted it very much. In the beginning of January the price falls because people withdraw crypto to have more money to spend on the New Year celebration, but a lot tend to get reinvested after the celebration is over (Feb 16th is this year).
This is what I was trying to say... The sell-off from Chinese investors ends a couple weeks before their new year, and in the days/weeks after they re-enter the market.
From what I've read.
Ah, alright! I must have misunderstood your original comment then. Thanks for clarifying :)
Ooo ok, yea I’m relatively new to crypto and didn’t know this. Nice to know there’s a little reasoning haha
Yeah, it happens every year, but you have to pay a lot of attention to find the pattern if you don't read about it.
Every time a coin is listed on Binance there is a huge boost in price. Now, add Chinese new Year's to that and the price could reach $7+.
No, Chinese new year is not a good issue for the price of cryptocurrency. Because people need some rmb to use at the time.
Yeah, that would be great! Couldn't be more happy with the returns on STEEM over the last few months.
I hope you are right! I would love to see the price go up to $7+ again soon.
Historically does the Chinese New Year cause a crypto lull?
yes
How does that work? What is the correlating factor?
people need to spend a lot of rmb in the new year, so they have to sell some of their cryptocurrency
Absolutely. The price is always lower in January than in December (at least so far).
Binance is the netflix of exchanges - rock star team, growing platform, innovating and taking marketshare. They spin up more and more servers daily. Great to see STEEM added there!!
Yep! Binance is the best ever! Period.
https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes i also follow and voats u
If you want follows and upvote you should consider writing good comments, not leave spam like this one.
Clever way to add referral link . .
Wait until you see Ethos launching. Binance might become Hulu in the near future ;)
There's only one serious threat to Binance as I can see it right now! It's a decentralized exchange which is pretty much capable of handling volumes of trades without sacrificing the speed.
And that is what the Altcoin.io is doing now!
Yep, it has been a great exchange to use so far. 2FA, gives NEO GAS rewards to users, doing just about everything right at the moment.
I'm very pleased with Binance!
You'll know a project is going to last because the creators take the time to inform their supporters. Even in a red market, it'll be those that have activity that will outlast the chaff. It'll be what speculation groups and investment firms will decide upon. All the better if its cheaper at the time.
I couldn't agree more
Steem fam unite!!!
Looks like I will be making a quick investment to Steem through Binance!
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Spamming shit like this is a nice way to get flagged and loose your reputation.
That's exactly what got me signing up for Binance!
Me too... and with the strength of steem right now (vs Bitcoin), we're going to see even better interest.
you are right merrn!
revoke ur account here
https://v2.steemconnect.com/revoke/@streemian
Handing out upvotes to celebrate!
So am I. :)
I already have an account! So stoked! I thought I'd never be able to trade Steem.
Mee too.This is great news
Me too! So excited!
Me too! I'm excited to see you. Following now!
I've used there sit and its super easy to sign up and use. Tip: you you buy their coin you get a discount off of all your trades!
Yes! Big tip. Having their coin also allows you to buy and sell fractions of other coins. Which is important, because if you're left with a fraction of some coins they can get stuck on the exchange!
Just a humble request that if you are going to create an account on Binance, please create it using my referral link, Thanks in advance brother http://bit.ly/2GaQjsH
Me too! It's great!!!
https://steemit.com/cryptocurrency/@tanvirabedin/dogecoin pls follow and votes i also follow and voats u
Ive been waiting for it to go on a top market!
revoke ur account here
https://v2.steemconnect.com/revoke/@streemian
Fantastic news, it's about time! I hope SBD gets listed on Binance soon too.
The only downside about Binance is the dust that you keep accumulating because it doesn't let you trade to decimal places. I wish they'd finally fix that.
Totally agree! I left some coins in there because I couldn't withdraw them!
I've got a ton of coins there, but tiny fractions that I can't sell, it's not a lot, but I'd still rather be able to use that money!
Oh, I still haven't registered with Binance so thanks for the heads up
They're definitely worth registering with, it's the one exchange that tends to have the newest, hot coins on it first!
Thanks for telling me that, I'm still new when it comes to diving in the cryptocurrency market and I know I still have a lot to learn so I appreciate any new infos I can get :)
The best info I could give you to be successful in cryptocurrency is to follow @haejin here on Steemit. Thank me later!
I agree, although if you own a small amount of BNB then you can use that to pay fees. That helps avoid the fractional shares you're left with.
Yes, they do that to improve trading quality for humans.
Higher price accuracy in terms of more decimals opens up to much opportunity for bots to lurk around in the order book
Thanks for explaining that, it does make sense.
I am fairly new to the rollercoaster world of crypto, and managed to set up 1 BTC broker and 1 exchanger.
I had my eyes on getting a second exchanger to diversify and have access to more choices in coin. Binance was on the list.
The fact that you guys have set up a Steem/BTC pair makes it now for me a no brainer. So see you soon on your platform!
Hi murphy! Welcome to the crypto world! Hope you are doing great so far! Just in the case you need help setting up your account on Binance I just wrote a step by step guide on how to set up an account and trade on Binance
https://steemit.com/steem/@elleok/how-to-trade-steem-on-binance-a-step-by-step-guide
Thank you @elleok. Pretty good actually.
Sometimes I feel the masses are like sheep: they buy high and sell low. Why do they do that ??? Is it enjoyable to lose money?
I just position myself in opposition of phase with them: buy low, sell high!
I just figured it out how to handle Binance after posting. Now I have an account with them since yesterday and transferred some of my Portfolio there. I prefer to split my PF between exchangers: with this Tether shit going on, and some exchangers being possibly tied in some way to it, I prefer being cautious.
I am also learning how to set up some cold wallets for long term investments. Done for BTC with electrum.
I was wondering if you had any suggestions as for reliable ethereum cold wallets (and if possible some that can also hold other coins which are built on the ethereum system?)
It's amazing that all this stuff started for me 3 months ago when I discovered Steemit...
Be well
How does steem make money?? How was their 1M$ Listing Fee funded??
Great to see Steem constantly making strides forward, while other supposed crypto currency tech remains little more than vapor-ware.