Campaign to get SBD listed on Binance Oct 28, 2018
Please Resteem to let Steemit Inc know that Steemit Users want SBD (STEEM Dollars) listed on Binance.
It is important because there is no Major Multilingual Exchange that lists SBD
People of all languages need a place to trade their SBD earnings for STEEM and other currencies. Otherwise, the Steemit platform is useless to them if they can use the currency effectively.
We need @ned to fill out the form
https://goo.gl/forms/jwjm8SClOYEuC8hr1
This link requires a Google sign in:
Once Signed In, the following form needs to be filled out:
Resteem this post let everyone know we want SBD listed on Binance!
What else can you do? I recommend to go over to @binanceexchange and politely suggest that you want Binance to list SBD. Please let Binance know that it is important to you and the Steemit community.
For a breakdown of how Steemit Rewards system works:
For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-keys
For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read
You can convert your SBD to Steem in the internal market. Then trade it on Binance without any problem.
You are absolutely correct, however that doesn't solve the problem. It is a language barrier problem for most people of the world. In addition, the internal market absolutely cannot handle large transactions. There are just not enough buyers to buy your large transaction. In addition, it is likely you don't get a fair market price in the internal market.
I have never research into the liquidity of the internal market, maybe the best option is using the high liquidity of a trading exchange like Binance.
Yes, Getting SBD on Binance corrects the liquidity problem while correcting the language barrier problem. It will ease the burden on the internal market allowing the price to be more accurate. It creates a source of revenue for new money into the STEEM economy which will be a stimulus for the STEEM economy.