I read few posts about Leo listing on Maya Protocol Dex, it means we can sweep Leo with other cryptocurrencies by using Maya Protocol
Now I am thinking about future possibilities if it's technically possible to list a L2 token build on hive blockchain on a decentralized exchange then there are many other Decentralized and centerlized exchanges are also there
I am thinking about Leo or other hive based smart media tokens SMT's listings on top Exchanges like Binance, Kucoin and OKX
I only have basic knowledge about blockchain, cryptocurrency but technically I don't know what limitations and possibilities hive L2 tokens have for listings on different exchanges
If someone have enough knowledge about this please guide us to understand this, is it possible to list Leo on binance in the future or its something technically impossible?
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Why celebrate and support centralized exchanges that just want power of the token? You obviously weren’t around for the Steem/Hive Fork when Binance helped with the hostile takeover by powering up USER FUNDS to help Justin Sun attack the chain. Exchanges are not your friend. There are DEXs that can do the job just fine and not screw the community over.
Bro I can understand your point but you know without centralized exchanges it will take more time and effort to get noticed and more liquidity
If that’s the case, which it’s really not, then we need Hive on more centralized exchanges than we do any of the second layer tokens. And people have been trying that for years at this point with little success. LEO doesn’t have enough liquidity here on the side chain they are built on, nor do they even put any infrastructure support to the side chain that their token is built on, which causes many in the Hive community to not support them anyway. They have WLEO on ETH which has virtually no volume, so why would a centralized exchange pick it up? There comes a point that we have to be realistic about things, especially side chain community tokens. And this said by someone who runs a few of them.
Possibly it can be listed on many other exchanges too. Good point raised btw 🤪
Good question
Good ask, I think it will be used by many people and the community ask for it in binance