HIVE, the native token of the blockchain-based social media platform, Hive.blog continues to gain more exposure and popularity as more cryptocurrency exchanges show their support for the crypto project, through the listing of the layer 1 token for users to carry out trading activities.
So far, 18 centralized exchanges including Binance, the largest blockchain ecosystem and leading digital assets marketplace by trading volume have listed the Hive token with several market pairs, according to data retrieved from Coingecko. Also, a decentralized exchange dubbed Energiswap supports the trading of Hive but with just one market pair which is HIVE/WRNG.
SuperEx Exchange Opens Hive/USDT Trading
Per a Thursday announcement, another top digital assets marketplace, SuperEx, has listed and opened trading for the Hive with the largest stablecoin by market capitalization, USDT (Tether) This then increases the number of centralized exchanges where Hive can be bought and sold anytime and anywhere.
SuperEx which tags itself as the first Web 3.0 crypto exchange and largest decentralized autonomous organization (DAO) made by the community wrote in a Twitter update that Hive/USDT trading was activated at 9:00 (UTC) on October 27, 2022. Deposit and withdrawal of Hive from the exchange were equally enabled at the same time.
Therefore, SuperEx crypto exchange users can now buy and sell Hive together with several other assets available on the exchange, starting today.
As aforementioned, Hive is supported on about 18 top cryptocurrency exchanges including Upbit, Binance, MEXC Global, Huobi Global, Bithumb, Gate.io, Probit Global, Bittrex, Hotbit, and CoinEx, among others. It is worth noting that the Upbit exchange recorded the highest 24-hour trading volume for Hive followed by Bithumb before Binance, at the time of writing.
As revealed on Coingecko, the popular crypto price and data-tracking platform, Upbit recorded a 24-hour trading volume amounting to $3,250,745 on its Hive/KRW pair. While the Bithumb exchange had a 24 volume of $507,542 for Hive on the same market pair, Binance recorded a 24-hour volume of $420,446 on the HIVE/USDT pair.
About SuperEx Exchange
The SuperEx cryptocurrency marketplace is among the world's leading exchanges with a novel Decentralized Autonomous Organization (DAO) concept to achieve decentralization on the platform.
The crypto exchange which supports both spot and perpetual futures trading was birthed in July 2021 with the goal of giving users the most intuitive crypto trading experience.
According to the exchange, it supports over 150 cryptocurrencies including Hive while its Futures trading market allows users to use up to 150X leverage per position. Notably, the native token of the SuperEx exchange has the ticker, ET.
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Awesome development about Hive.
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Indeed! Adoption is growing for Hive
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Hive on the up. The more exchanges, the better.
So much more superior to ethereum.
Massive active user base, zero fees and high speed.
Correct.
Hive being listed on more top exchanges is one great way for it to gain exposure. We hope more exchanges follow in the footsteps of SuperEx.
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Good news and big news...
Hive to the moon
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This is good win for hive and also superex exchange ,I think this exchange lunch fully not up to two months,if they keep this up , bringing more handsome feature, probably be one of the top exchange in the future
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Good News and nice summary of Hive exchange activity.
I think it’s ironic that the most active change for Hive is in Korea, considering the bad blood that developed between people who left Steemit and some of the Korean supporters of Justin Sun during the time period of the HardFork. But I guess the amnesty agreement that returned the previously frozen Hive of so many Koreans has helped heal those wounds. That same Korean Exchange was always the biggest exchange for Steem also.
I remember when Steemits leader went to Korea to recognize the Korean community and show appreciation. Time has changed many things. But money heals many wounds.
It would be interesting and potentially profitable to determine why there is so much activity on Korean Exchanges for Steem and Hive. I suspect it is a secret arbitrage opportunity know to the Koreans or available only to them.
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