You are viewing a single comment's thread from:

RE: BlockTrades adds support for USD Tether coins (USDT_OMNI and USDT_ERC20)

in #blocktrades5 years ago

I have talked with simplex about fiat exchange options recently. They have bit higher fees and volume requirements. In case of eSteem those volumes are quite high at this moment to consider partnership but I think you guys have enough volume to integrate with them.

Sort:  

This is actually a good suggestion but given that Simplex take the risk of holding and exchanging base on spot price, it may not be the right move for Steem at this moment. Steem volume and liquidity isn't strong enough to withstand any sort of block selling.