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RE: Update: Daily Steem Transfers from and to crypto exchanges

in #steem7 years ago

Sir, are these exchanges open to newbies to open their accounts? Whenever I want to convert my steem dollars to fiat money, a lot of it goes into the hands of a middleman.

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Binance and Huobi are open for new users, but they both only list STEEM and not the SBD token. You can sell your SBD for STEEM in the internal market first.

If you want to sell SBD directly you can use Bittrex.

I don't understand why Bittrex only lists SBD and Binance only Steem. Is that the exchanges way of competing with one another or is their some other reason? Any ideas why that is?