Haejin ,I have a fair question i think? Any thoughts on why BTS only trades on Binance and Polinex ? Am I missing some or is there a reason why its not carried at more exchanges? Any thoughts? Again thank you for thegreat analysis!!
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because BTS are a decentralized exchange, so there is a conflict of interest with centralized exchanges.
If they can keep supply of BTS down, it helps their chances of keeping rival business away from BTS.
This is just my opinion.
In the case of BTS, I get thrilled every time an exchange drops them. It further illuminates the reach of the SEC/governments when it comes to CEX, and it builds on the need to be on a DEX.
They are scared of BTS. BTS will eventually make this centralize exchanges obsolete.