Weekly report: How much STEEM is stored on the exchanges? - June 28, 2018

in #steem7 years ago

The charts below show how much STEEM is stored on each exchange where STEEM is listed.

Deposits and withdrawals on Bithumb all still disabled.

Rule #1 in the crypto world: Don't store your cryptocurrencies on an exchange!

STEEM stored on all exchanges

STEEM stored on Bittrex

STEEM stored on Poloniex

STEEM stored on Binance

STEEM stored on Huobi

STEEM stored on Upbit

STEEM stored on Bithumb

STEEM stored on Openledger

STEEM stored on Gopax

How much STEEM is currently stored on each exchange?

ExchangeSTEEM
Bittrex22,410,744 STEEM
Poloniex14,479,958 STEEM
Binance8,207,631 STEEM
Huobi2,973,647 STEEM
Upbit454,152 STEEM
Bithumb0 STEEM
Openledger525,777 STEEM
Gopax334,466 STEEM

Total amount of STEEM stored on all exchanges: 49,284,621 STEEM
Total STEEM supply: 270,642,905 STEEM
Liquid STEEM: 78,137,887 STEEM

  • 18.2% of the total supply is stored on the exchanges.
  • 63.1% of all liquid STEEM is stored on the exchanges.

¯\___(ツ)____/¯ Follow me @penguinpablo for daily Steem statistics.

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They are waiting for the price of #steem to rise
so they can cash out.
Why not leave it in #steem

63.1%. People readily wanting to trade.

And they should upgrade their security

I’m startIng to lose faith in Steem, too many panhandlers!

#steem is a reflection of reality.

#steem is a reflection of reality.

Starting*

Poloniex = Alcatraz for steem and SBD :-)

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What will become of Steem when the U.S. Crypto-Dollars and Cents are Activated...???

Steem stored on exchanges is actually stored on the Steem blockchain. The exchanges keep their Steem and SBD in their steemit accounts, right?

The danger is that a hacker might get the private keys of one of the exchanges and then destroy the price of Steem or SBD.

@bittrex also has almost 10 million SBD - which is about two-thirds of the total supply. While the STEEM price is so low, this is severely affecting the debt ratio and therefore the SBD print rate.

I feel like the bottom could fall out at any time. The value has dropped dramatically since i joined and is only going down. Id like to see it go up again but its just not happening

Hi! can you guys upvote my post please? It seems impossible to get anywhere since I am new here, my post just drowned in the sea of posts.
Upvote it only if you think its worthy!

Interesting information, we see where we will be going, keep us updated. Thanks

@penguinpablo This is huge amount which is stored on popular exchanges. These exchanges should keep an eye on any security issues regularly.

It's more like close to every thing of the future of steem is located outside steemit

The supply on binance is going up and up.

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Whats the benifits and disatvantages of storing steem on exchanges vs keeping steem in your steemit account?