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RE: Steem - Ignoring New Exchange Listings would be a Huge Mistake
So what I've done with an exchange I am working with, no guarantees but I do have a verbal agreement from Biki that they will list us.
Most exchanges will not list you instantly and in fact, want a big event to launch on. SMTs is a perfect event for an exchange to hype up our listing.
What I am doing is laying out all the groundwork. These exchanges are going to ask for a hefty listing fee (if they charge one) - this is where we leverage the community and say if they are interested in a grassroots marketing campaign. I volunteer my SP, we can use the SPS to sweeten the deal. Lots can be done right now.
I would like to see Steem listed on Changelly or Shapeshift. Exodus wallet said they can list Steem if we can secure one of those providers they use.
We were on Changelly at one point right?
Yes we were, they delisted due to onerous node requirements, too many HF's and not much usage. They want something like 20K USD to list again.
I was thinking. Instead of focusing on new exchanges, why don't we go after the ones we are on and tell them to add a STEEM/USDT pairing.
BTS just got a USDT pairing on Binance. If you know anyone from BTS that could guide us on how they did it, that would be helpful.
Getting a USDT pairing on all exchanges that we do not currently have one will 3x+ our 24 hour volume.
That’s actually a good “low hanging fruit” type idea. I will contact a few BTS ppl and see if they know anything.
Yes that is a good idea and something that might be easier than getting on new exchanges. At some point though we will need to expand steem's listings. In the US there are what, two options to purchasing steem now? Perhaps getting the volume up will help us get on other exchanges though.
Good deal, I really didn't want to just sit back and wait for another year while this next bull market potentially rages on. :)
That is the first I have heard of them wanting an event to list on, but I guess it does make some sense.
Regarding the listing fees, a few of them spell it right out for you:
https://tagz.com/listing-with-us/
(3.5 BTC to list, plus 1 BTC yearly renewal fee)
This is currently the highest volume exchange according to coinmarketcap, though it is predominately a bitcoin exchange. Not sure we would want to pay that high of a fee for that specific exchange, but that is just one example of some of these spelling out the listing fees upfront.
Overall I feel like Coinbase should be our top focus, getting steem listed on there probably offers the most bang for our buck.
Never kay sticker price! ;)
Any leads on how to peak Coinbases interest in Steem? Maybe a initiative where we have people write why they want Steem on coinbase? Obviously, if we had a direct connect I am employee that would be great.
I have exchanged numerous emails with them, they said that the development team needs to contact them and fill out the application forms. Whether or not the development team has already done that is up for debate, they said long ago that they did but not sure they have tried much since then and the coins that Coinbase has listed since that time may make a steem listing more likely now than it was then?! There were rumors that Coinbase also asked them for a listing fee which they were unwilling to pay (also part of the rumor), but I haven't seen anything to verify whether or not Coinbase asks for a listing fee.
I think the first step is to get Inc to apply for a listing again(if they already have). Then if that doesn't work I think we get the community to contact them over and over requesting steem to show there is demand from their customers/people for the coin...
That strategy may have been how XRP got listed.
Ok cool. Coinbase does not charge a listing fee so that rumor can be put the bed. We do need to make sure the proper forms are filled out. I am pretty sure any Steem dev can do it, INC can't list it as if the token belonged in a centralized way to them.
steem is already on coinbase, its just not tradable yet
Ha, I think you know what I mean. Listed and tradeable on Coinbase.