Question asked on Musing.io by funtraveller

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· @funtraveller ·
$0.70
Question asked on Musing.io
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properties (23)
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vote details (7)
@kriptonik ·
Question answered on Musing.io
<a href="https://musing.io/q/funtraveller/pk2rhvxaq">View this answer on Musing.io</a>
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properties (23)
post_id68,487,110
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json_metadata"{"musingAppId":"aU2p3C3a8N","appDepth":2,"musingAppVersion":"1.1","appBody":"<p>Basically listing more exchange doesnt give any real benefits.<\/p>\n<p>Listing more changer or broker can give some benefits, because they are the primary gateways from fiat to crypto. Who are already in cryptoverse, they can find a way, to purchase steem, if they want it, one or more another exchange doesnt matter.<\/p>\n<p>For the new people, who just met the crypto, maybe thinking, what is this steem all about, next to the bitcoin, and they can be a new members in our community.<\/p>\n<p>But there is another factor, be listed on more exchange: if you make speculation, or arbitrage trading. In this case is better, if you have more choice and chance. But its not directly benefit to the steemians.<\/p>","appTitle":"What are the benefits for Steem being listed to different exchanges? Does it really matter?","appTags":["steem","exchange"],"musingPostType":"answer","appParentPermlink":"pk2rhvxaq","app":"musing\/1.1","appParentAuthor":"funtraveller","appCategory":"steem"}"
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vote details (3)
@chireerocks ·
Question answered on Musing.io
<a href="https://musing.io/q/funtraveller/pk2rhvxaq">View this answer on Musing.io</a>
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properties (23)
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json_metadata"{"musingAppId":"aU2p3C3a8N","appDepth":2,"musingAppVersion":"1.1","appBody":"<p>@Funtraveller, In my opinion, if Steem is listed on more and more exchanges then the Steem Reputation will going to expand for sure, and inturn it can attract potential investors. Stay blessed. \ud83d\ude42<\/p>","appTitle":"What are the benefits for Steem being listed to different exchanges? Does it really matter?","appTags":["steem","exchange"],"musingPostType":"answer","appParentPermlink":"pk2rhvxaq","app":"musing\/1.1","appParentAuthor":"funtraveller","appCategory":"steem"}"
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vote details (3)
@xplosive · (edited)
$1.09
What are the benefits for Steem being listed to different exchanges? Does it really matter?
<a href="https://musing.io/q/funtraveller/pk2rhvxaq">View this answer on Musing.io</a><br />
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properties (23)
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json_metadata"{"musingAppId":"aU2p3C3a8N","appDepth":2,"musingAppVersion":"1.1","appBody":"<p>Listing Steem on various exchanges is leading to wider availablity, easier buying\/selling, so it is matter, and have real benefits.<\/p>\n<p>For example listing Steem on certain exchanges (for example on Coinbase) can be real beneficial for Steem. Coinbase is the only exhange (that I know of), which accepts Hungarian Forint (HUF) bank accounts. If they would list Steem on their exchange, the market capital of Steem would probably go up, because more people would buy\/sell Steem and\/or the current customers would buy\/sell Steem more frequently, so listing Steem on different exchanges will lead to the wider acceptance and usage of Steem. We (Hungarians) could buy\/sell Steem without buying and selling Bitcoin (BTC) (or any other cryptocurrency) first. This is a huge advantage, because Steem does not have transaction fees, so we could save a lot of money. This is just one example.<\/p>","appTitle":"What are the benefits for Steem being listed to different exchanges? Does it really matter?","appTags":["steem","exchange"],"musingPostType":"answer","appParentPermlink":"pk2rhvxaq","app":"musing\/1.1","appParentAuthor":"funtraveller","appCategory":"steem"}"
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vote details (4)
@anonsteve ·
$0.69
Question answered on Musing.io
<a href="https://musing.io/q/funtraveller/pk2rhvxaq">View this answer on Musing.io</a>
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properties (23)
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json_metadata"{"musingAppId":"aU2p3C3a8N","appDepth":2,"musingAppVersion":"1.1","appBody":"<p>More potential buyers. The price of any small market cap coin such as STEEM or SBD can be expected to rally if it is introduced to a major exchange. Higher liquidity is another benefit. Anyone looking to buy or sell will be able to do that and anyone looking to buy or sell large amounts of the coin can do so more easily perturbing the price.<\/p>\n<p><br><\/p>","appTitle":"What are the benefits for Steem being listed to different exchanges? Does it really matter?","appTags":["steem","exchange"],"musingPostType":"answer","appParentPermlink":"pk2rhvxaq","app":"musing\/1.1","appParentAuthor":"funtraveller","appCategory":"steem"}"
created2019-01-07 21:38:33
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vote details (6)