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RE: Lets ban together to make STEEM available EVERYWHERE!

in #steemit6 years ago

It's actually a practise. They do charge. I am not sure but i think the idea is to moderate the number of coins listed on the exchange. Though for maintenance I may tend to support. However, as regards listing, in my opinion it's absolutely wrong and ICO's are usually their target; thereby robbing the projects of investors money meant for execution. Quick regulation is needed in this area especially because such exchanges would continue to rake in Trade/Exchange income on that coin so long as it remains in existence.

Come to think of it, why don't they charge to list other mainstream coins like bitcoin, ethereum, etc. This is truly making the industry unhealthy and dragging it backwards. On the other hand, since STEEM is still traded on the subject exchanges, I am in no doubt disarmed by your findings and all I can say is that STEEM Inc needs to make the challenge know to steemians and the crypto space as it is now a community issue. On a final note the listing and maintenance charges urgently needs to come as a Topic on it's own and lets every crypto enthusiast help to steem, resteem, tweet and also Hash Tag it on every social media platform until it is addressed. Truth be told it's dragging the entire industry backwards. More like deliberate growth inhibition for most coins. I hope it's not a conspiracy.

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you are on point my friend.

Bitcoin, Ethereum are trading pairs. Once you have them, you can pretty much trade them for any currency. One thing to note is that exchanges are switching to their own cryptocurrency as trading pair. It is a paradigm shift towards alternate trading pairs. The hope of the exchanges is their own currency comes out on top as the next Bitcoin. Imagine that. Bitcoin pried loose from their thrown.

STEEM has an opportunity in this new race for the top position for trading pair. What STEEM is missing is an exchange of their own in which STEEM is the central trading pair to everything else. If someone were to build such an exchange, they will automatically have a huge customer base. They also would be made ridiculously wealthy.

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