Weekly report: How much STEEM is stored on the exchanges? - March 21, 2019

[penguinpablo]

The charts below show how much STEEM is stored on each exchange where STEEM is listed.

Rule #1 in the crypto world: Don't store your cryptocurrencies on an exchange!

STEEM stored on all exchanges

STEEM stored on Bittrex

STEEM stored on Binance

STEEM stored on Poloniex

STEEM stored on Bithumb

STEEM stored on Huobi

STEEM stored on Upbit

STEEM stored on Openledger

STEEM stored on Gopax

How much STEEM is currently stored on each exchange?

Exchange	Balance	Last week	Change
Bittrex	39,717,539 STEEM	37,925,427 STEEM	+4.7%
Binance	16,182,387 STEEM	16,532,159 STEEM	-2.1%
Poloniex	9,590,086 STEEM	9,526,618 STEEM	+0.7%
Bithumb	8,236,969 STEEM	8,014,007 STEEM	+2.8%
Huobi	6,847,647 STEEM	6,464,522 STEEM	+5.9%
Upbit	2,217,255 STEEM	3,998,976 STEEM	-44.6%
Openledger	519,241 STEEM	521,050 STEEM	-0.3%
Gopax	265,548 STEEM	272,609 STEEM	-2.6%

Total amount of STEEM stored on all exchanges: 82,379,217 STEEM
Total STEEM supply: 305,245,731 STEEM
Liquid STEEM: 105,922,874 STEEM

• 27.0% of the total supply is stored on the exchanges.
• 77.8% of all liquid STEEM is stored on the exchanges.

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Comments

[menner]

In the beginning of this article you said to not store crypto currency in the exchange. My question is: why? Sorry for the question but I'm new on this world.

Posted using Partiko Android

[penguinpablo]

By storing crypto on an exchange you have to trust the exchange. You risk losing your coins if the exchange gets hacked or loses coins for whatever reason. Unfortunately, we have seen many examples of hacked exchanges in the past.

[menner]

Thanks a lot. Crystal clear.

Posted using Partiko Android

[pixresteemer]

Congratz, your post has been resteemed and, who knows, will maybe appear in the next edition of the #dailyspotlights (Click on my face if you want to know more about me...)Check the rules of the Daily Spotlights if you want to nominate someone!Pixresteemer is also listed as promoter on The Steemians Directory

[knircky]

Thx for making these reports!

[chesatochi]

I would to have the 💰 to buy it all.

[felix.herrmann]

what is the difference between liquid and non-liquid steem? (non-liquid = steem power)

[penguinpablo]

Non-liquid steem is vested as Steem Power (SP) and cannot be transferred. Liquid steem is freely available to transfer.

[felix.herrmann]

Okay simple as that thx

Posted using Partiko Android

[bitcoinearnn]

thanks for all exchanges information...@penguinpablo

[florian-glechner]

Why is there such a growth in Steem on the exchanges what is the advantage of having Steem on an exchange??

or is it just speculators who speculate on steem and doesn't know the Platform? or want to sell it at a little dip?

[pennsif]

This post has been included in the latest edition of SoS Daily News - a digest of all the latest news on the Steem blockchain.