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Author Topic: Exchanges Are Buying Steem Tokens  (Read 4207 times)

Offline Hamzaal24

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Exchanges Are Buying Steem Tokens
« on: March 11, 2020, 09:09:16 AM »


As Binance and Huobi face user withdrawals but lack liquid STEEM because they staked user funds for 13 weeks, they've been forced to buy coins from other exchanges. Huobi alone purchased millions of STEEM from Upbit, Bithumb, and Bittrex.

7-day price movement:
STEEM: +19.7%
ETH: -11.8%
BTC: -9.2%

Full Story👇
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Exchanges Are Buying Steem Tokens
« on: March 11, 2020, 09:09:16 AM »

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Offline masterrex

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Re: Exchanges Are Buying Steem Tokens
« Reply #1 on: March 12, 2020, 03:30:48 PM »
Well, thats their temporary solution to the problem of delayed Steem withdrawals and buying from other exchange is not bad at all, by the way, its just temporary because most of their steem supply was on staking purposes so it will not last for a long time.
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Re: Exchanges Are Buying Steem Tokens
« Reply #1 on: March 12, 2020, 03:30:48 PM »

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Offline bittraffic

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Re: Exchanges Are Buying Steem Tokens
« Reply #2 on: March 13, 2020, 01:29:33 AM »


Steemit is already compromised by SUN, isn't this not a good project anymore?

Its suppose to be run by the community after Larimer left but this is now owned by Justin Sun of Tron.
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