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RE: Discussing STEEM Trading Pairs for SMT-Tokens in Daybit Exchange

in #steemhunt6 years ago

Yes they have low volume atm, but you know what? here is what we've found after meeting with many different exchanges (including few of top 10 exchanges).

  1. Market situation is worse than what you see. Many (actually most) exchanges fake their volumes by just changing numbers on their database, or self-trading (I was really surprised how fake they are).
  2. There're no major exchanges who would support SMT tokens (or temporary STM tokens) in near future because it requires a lot of dev work and resource.

My point is.. I think it should be a win-win situation for both side in order to be happened.