Binance adds Steem to their exchange!
One of the biggest exchanges out their just added STEEM to their exchange about 3 hours ago.
Here is a 1 min chart since the release:
Started trading at 0.0010 BTC (about $10). 3 minutes later it leveled off at around 0.0005 BTC (about $5 and the current worth). This is kinda standard with new listings on exchanges since some people seeing it listend get some sort FOMO i guess.
Awsome news
So in the long run this will probably increase the price of Steem right?
Per se you can't really say that because their are so many other factors that need to be considered! But it is a good sign since their will be more trading-volume and a listing is always a sign of trust too (when it happens on one of the top exchanges).
Despite this news I think Steem will increase his value anyway! Just look at the awesome community we got here!
i think in long term it will go up a few cents but Steem could be traded like TRX in a Pump and Dump sheme. So you never know how a coin is going to envolve in long term views.
Usually when a coin gets on a big exchange it gets pumped a bit. The happens most with Korean exchanges.
For getting listed...
You're welcome! ;)
I've been waiting for this, I'm not a huge fan of cryptopia.