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RE: Are Korean Markets Our Only Hope?

in #steem • 7 years ago

Both Poloniex and Bittrex have ruined their platforms, so the only volume comes from the eastern platforms. It's a pity Steem isn't listed on more western platforms (as far as I can tell the only people who can register on Upbit are Koreans.

7 years ago in #steem by
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     7 years ago 

    I agree. I think the adoption will increase over time when volumes improve. I hope Steemit Inc would do more towards greater exchange adoption of Steem.

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     7 years ago 

    I think the trouble is that most exchanges want you to pay to get listed. See

    http://uk.businessinsider.com/cryptocurrency-exchanges-listing-tokens-cost-fees-ico-2018-3

    Cryptocurrency exchanges are charging between $50,000 and $1 million to list initial coin offerings, according to a Business Insider investigation

    Back in 2016 when bitcoin's price was low, it was easier to get listed. Now it costs an arm and a leg, unless you have such big volumes that exchanges list for free because they want a piece of the trading action.