PSA: Bithumb will resume STEEM deposits and withdrawals tomorrow

in #steem5 years ago

Good news for Steem in South Korea: Bithumb will resume STEEM deposits and withdrawals on December 5.

Here is the official announcement:
https://cafe.bithumb.com/view/board-contents/1640381

Deposits and withdrawals are disabled since March 30 this year. Resumption is scheduled for 15:00 tomorrow. Korean timezone, I suppose.

Steem is currently trading at $0.1270 on Bithumb, while the price is about 8% lower on most other exchanges. I wonder what will happen when deposits resume. The price may drop on Bithumb or surge on the other exchanges. Or both, so that it finds an equilibrium in the middle. We'll see...



STEEM on Bithumb

There is about 10 million STEEM stored on Bithumb. As of tomorrow, Steemians are finally able to withdraw their STEEM to their own wallet.


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A seven-month lockup ... should be interesting to see what happens when the Steemians of South Korea can go get their stuff

this is a good consideration

wonder why down for so long? thanks for the info!

They were replaying ;-)))
j/k

I don't understand how it can be possible removed from the list a crypto like STEEM

motivos políticos internos unica explicação para haver algo que certas Exchange, haja dessa forma.

After they withdraw it, they might powerup it en masse and participate on projects.

🤞🏼🤞🏼🤞🏼

Yikes -- a 10,000,000SP powerup ... that would be amazing ...

Doubt people do that I think most were investors and not users.

Very likely you are right. It would have been amazing if we could have made the case for it, though ...



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