Here is What YOU Can Do to Boost The Price of STEEM!

in #steemit6 years ago

Please join us to get STEEM & SBD on as many exchanges as possible.

The number of exchanges that STEEM and SBD are available on are severely deficient. This is hindering Steemit community and forcing the price of STEEM to remain low. I evaluated the price of STEEM at $109 because a majority of the currency is locked up in Steem Power. When comparing the liquid currency and price to other currencies in the top 50, Steem should have a market price of over $100. Why is STEEM so low? It is just not made readily available because it is on very few major exchanges. Help me change that!

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Below is a list of exchanges that are making other top 50 coins valuable. STEEM and SBD need to be on as many of these exchanges as possible. If anyone has any connections to these exchanges, please do what you can to get STEEM and SBD listed.

ExchangeAffiliated locationsFiatMultilingualTwitter
AEXEnglish and Chinese
Allcoin
B2BXNoEnglish and RussianTwitter
BancorNetworkEnglish OnlyTwitter
BigONEYes
BinanceChina, Korea, JapanNoYesTwitter
BisqDecentralized ExchangeNoYesTwitter
BitbnsIndiaYesYesTwitter
BitboxEnglish Only
BitfinexBritish Virgin IslandsYesYesTwitter
[BitFlip]9https://bitflip.li/)RussiaNoYesTwitter
BithumbSouth KoreaYesYesTwitter
BittrexUSANoNoTwitter
BitstampUnited Kingdom, USAYesEnglish OnlyTwitter
Bit-Z
BraziliexYesTwitter
BTC-AlphaEnglish and RussianTwitter
BTCTradeEnglish and ChineseTwitter
BuyBitcoinEnglish Only
ChaoEXHong KongNoTwitter
CobinhoodCayman IslandsYesYesTwitter
CoinEggNoYesTwitter
CoinEXYesTwitter
CoinFalconUnited KingdomYesTwitter
CoinoneKorean Only
CoinrailKorean Only
CoinroomPolandYesTwitter
CoinTiger
COSS
Cryptomate
CryptoxUnited KingdomNoTwitter
DDEX
ExmoSpainTwitter
Exrates
EXXChinaTwitter
Gate.ioUSATwitter
GOPAX
HitBTCUnited KingdomYesYesTwitter
HuobiSingapore, USA, Japan, Korea, Hong KongYesYesTwitter
IDAX
KrakenUSA YesTwitter
KucoinChinaYesTwitter
Kuna
LATOKENCayman IslandsTwitter
LiquiUkraineNoYesTwitter
LivecoinUnited KingdomTwitter
MercatoxUnited KingdomTwitter
Neraex
OEX
OKExChinaYesYesTwitter
OpenLedgerDEX
OTCBTC
Ovis
ParadexNoTwitter
PoloniexUSANoNoTwitter
QBTC
Rfinex
RightBTCTwitter
TidexUnited KingdomNoTwitter
TokenStoreDecentralized ExchangeTwitter
TradeSatoshiUnited KingdomNoTwitter
UpbitSouth KoreaNoNoTwitter
VebitcoinTwitter
YoBitRussiaYesYesTwitter
ZB.COMTwitter

There is more that can be done. We can do much better than that if STEEM and SBD were made available everywhere.

Did you happen to notice that the price of STEEM went up when it is listed on Huobi Exchange?

The number of exchanges that STEEM and SBD are available on are severely deficient. This is hindering Steemit community and forcing the price of STEEM to remain low. I evaluated the price of STEEM at $109 because a majority of the currency is locked up in Steem Power. When comparing the liquid currency and price to other currencies in the top 50, Steem should have a market price of over $100. Why is STEEM so low? It is just not made readily available because it is on very few major exchanges. Help me change that!

Lets put the lack of exchanges concept in perspective. Perhaps you want to buy a new car. You have plenty of Ford, Chevrolet, Toyota, Dodge, Mazda, Volkswagen, Subaru, and Honda dealerships where you live. They speak the same language that you use. However in order to buy a Hyundai, you have to go to another country to buy it and they don't speak your language. There is a high probability that you would not buy a Hyundai.

This is the dilemma with STEEM and SBD. As a currency, if it is not made available everywhere, then people would likely use something else. In comparison to other currencies ranked in the top 50, STEEM and SBD are severely lacking access. When people don't buy it or use it, the currency has little value and thus the price will remain low.

Other currencies have dedicated teams aggressively convincing exchanges to list their coin. STEEM seems to leave that task up to US.

Here is how you can make a difference for Steemit future.

I now have three forms to fill out and one contest.

#1

We need to let Poloniex know that there are many people that want STEEM and SBD wallets fixed on their exchange.
Here is a link to the Poloniex example. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/how-to-get-steem-and-sbd-wallets-working-on-poloniex-let-s-make-steem-great-again

#2

We need to let HitBTC know that there are many people that want STEEM and SBD wallets fixed on their exchange.
Here is a link to the HitBTC example. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/let-s-make-steem-great-again

#3

Follow this link to an article I wrote about listing STEEM and SBD on Cobinhood. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/how-to-request-steem-sbd-listing-on-cobinhood-exchange-by-socky

#4

Here is a new way to write a story and sneak in a mention for Binance to list SBD. If your story wins the top 50, then you can get some prizes.
https://steemit.com/steemit/@socky/enter-this-binance-contest-and-support-sbd-listing-by-socky

I hope you take part in this effort to make STEEM great. Please remember to Upvote, Resteem, and Follow. Thank you.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

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