How much STEEM is stored on the exchanges? (Binance added)
I have just added Binance to my 'Steem Transfers to exchanges' chart.
As you can see on the charts below, Poloniex is still losing market share rapidly. It is impossible to withdraw or deposit STEEM on Poloniex since Januari 25 (again). I no longer use Poloniex.
I'm happy STEEM has been added to Binance recently. It is my favorite exchange to trade STEEM right now. STEEM withdrawals are still disabled on Binance, so hopefully they will open this shortly.
The first chart below shows all deposits and withdrawals on the exchanges over the last 3 months. The next 3 charts show the amount of STEEM users have stored on Bittrex, Poloniex and Bittrex.
Together, there is almost 40 million STEEM stored on the bitcoin exchanges, while the total amount of liquid STEEM is 67,765,507 STEEM currently. This means about 60% of all liquid STEEM is stored on an exchange.
Daily Steem Transfers from and to exchanges
Date | From Bittrex | From Poloniex | From Binance | To Bittrex | To Poloniex | To Binance |
---|---|---|---|---|---|---|
2018-02-04 | 107,155 STEEM | 0 STEEM | 0 STEEM | 108,636 STEEM | 1,500 STEEM | 17,414 STEEM |
2018-02-03 | 87,684 STEEM | 0 STEEM | 0 STEEM | 23,028 STEEM | 4 STEEM | 37,469 STEEM |
2018-02-02 | 285,390 STEEM | 0 STEEM | 0 STEEM | 105,620 STEEM | 28 STEEM | 173,670 STEEM |
2018-02-01 | 1,376,245 STEEM | 0 STEEM | 0 STEEM | 1,062,529 STEEM | 2 STEEM | 1,363,669 STEEM |
2018-01-31 | 107,532 STEEM | 0 STEEM | 0 STEEM | 413,887 STEEM | 302 STEEM | 0 STEEM |
2018-01-30 | 135,761 STEEM | 0 STEEM | 0 STEEM | 108,607 STEEM | 322 STEEM | 20 STEEM |
2018-01-29 | 64,792 STEEM | 0 STEEM | 0 STEEM | 505,294 STEEM | 7,528 STEEM | 0 STEEM |
Binance has captured good volume in very short time and I am feeling that same will happen to steem volume of bittrex that has happened to poloniex volume.
great new bro for binance we can trade steem or exchange.
i dont trust any exchange except bitshares
Totally agree with you, ive lost so much bitcoin for trusting new exchanges that persons that do not know what they are talking about post here.
Nah, Bittrex is OK.
Im impressed with the low amount of liquid STEEM..cant wait for that number to be even lower
It's just a beginning of new era of steemit.
It will probably overtake facebook in near future !
Wooow binance Are you serious? It's really too much. I think it's time to move to the binance now. Thank you for your share I used poloniex before. I was thinking of changing. I decided at your disposal.
Thanks for continuing to bring great information about the Steem ecosystem :)
Yes, I was trading on poloniex. But after this beautiful sharing, my ideas will change. Thanks for everything.
yeah i also treading with poloniex. nice @slayer10
it was a great and informative post ....
i always prefer that kind of post @penguinpablo
am a victim of poloniex , cant trade or move my steem, binance was my move the moment they made steem available
Thanks for this analysis. It definitely puts the supply/demand of steem in perspective.