Weekly report: How much STEEM is stored on the exchanges? - December 27, 2018steemCreated with Sketch.

in steem •  21 days ago

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

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
Bittrex26,554,253 STEEM
Poloniex9,798,414 STEEM
Binance14,267,616 STEEM
Huobi4,215,960 STEEM
Upbit1,188,917 STEEM
Bithumb1,498,929 STEEM
Openledger534,386 STEEM
Gopax351,949 STEEM

Total amount of STEEM stored on all exchanges: 58,410,424 STEEM
Total STEEM supply: 290,599,971 STEEM
Liquid STEEM: 85,453,717 STEEM

  • 20.1% of the total supply is stored on the exchanges.
  • 68.4% of all liquid STEEM is stored on the exchanges.

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Is storage important for Steemit or Steem prices?

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Interesting to see this remain elevated despite the amount of powering up being seen over the last couple of weeks!

Posted using Partiko iOS

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Exactly right? I was wondering the same. It's safer to hold it here then anywhere else too

Posted using Partiko Android

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Minnows and dolphins are powering up - while 1 whale account can cast all the powered up steem into shadow. And I guess that is what is happening. Not sure what is their plan but... we can't do anything about it. :)

Buy STEEM while you still can at these rock bottom prices!

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how high do you think the price will go?

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Really depends on the adoption. If STEEM can start to gain more users and upgrade the user interface it will grow. Right now it is stagnating simply because people think the bear market is to blame. It is because the developers have lost their charisma and spirit if you ask me. It would not be hard at all to upgrade the UI into a much better platform.