Finally Binance announced to list HIVE today.
Well, you're never late!
But this time Binance is listing 3 trading pairs for HIVE viz. HIVE/BNB, HIVE/BTC and HIVE/USDT.
Binance never listed STEEM/USDT pair and that's why I was forced to use Huobi for directly trading it for USDT if I wanted to cash out.
It's important to note that HIVE/USDT pair has registered maximum trading volume several folds higher than all other pairs ...over $100M per day and that's phenomenal! Perhaps Binance took a cue from it.
But Huobi has proved to be very quick and proactive Exchange.
Compared to Binance, it was late to list STEEM on it but it was first in many ways:
- Huobi was first to list STEEM/USDT pair.
- Huobi was first to withdraw Justin's sockpuppet Steem Witness.
- Huobi was first to start power down.
- Huobi was first to distribute & allow withdrawal of HIVE airdrop to Steemians.
- Huobi was first to list HIVE
- Huobi was first to offer a giveaway for accumulating HIVE (Binance hasn't announced any such thing yet).
But Binance isn't too late either. With this, it will also take some credit for HIVE's ongoing pump and maintaining its prices longer. But I expect Binance will bring in added market supply of HIVE to the equation and that may put more supply pressure. So it will be interesting to watch what way the prices go now.
On other note, as I conveyed in my previous posts that CMC will correct HIVE's market rank this week, it has done it today. At the time of writing this, it stands at #34. On CoinGecko, it's at #28 though. It has to do it with the way how CMC takes into account the circulating supply. The figure gas gone a little below $300M for now.
But overall, it's okay now.