SBD will be delisted in 3 days.
Nevertheless, SBD(STEEM Dollar) price is surging again. Many speculative traders are buying and selling SBD a lot.
I guess the reason why Upbit decided to delist SBD is Upbit exchange is worried about stable coins. If they continously allows people to trade SBD, at the end of this cycle, SBD price will collapse, then, many traders might blame that Upbit exchange should have delisted SBD.
Personally, it would be better for STEEM. You know, SBD is being traded on HTX. We have other option to trade it. So, I'm not much worried about it.
As of now, does Steem (STEEM) and Steem Dollars (SBD) are listed on Crypto.com?
0.00 SBD,
0.11 STEEM,
0.11 SP
Yuhh this speculations are always bad for stablecoins. But I think Steem will reach it's high price in time !
Oh this is bad do you know why the price in internal market and in the other websites are different.
This makes sense , they are probably trying to hedge against the risk of a massive price drop and the potential fallout from a potential prosecution by traders, but I'm wondering if this is part of a broader trend in the crypto space, where exchanges are moving more towards assets with lower volatility and clearer long term prospects,
the days of being able to list anything speculative seem to be over, as exchanges try to mitigate risk more proactively.
if it is true that SBD can still be traded on HTX, I'm curious , what impact do you think this will have on mainstream SBD adoption in the long run? Could SBD being delisted from a major exchange start to create a domino effect with other platforms distancing themselves as well?
Or do you think SBD's role in the STEEM ecosystem is secure enough to survive this?