After reading 's post, where he called out to Steemians to go and vote for steem to be listed on the cex.io exchange, I thought to write one main reason why I voted for steem tokens to be listed there.
Exchange of Cryptocurrencies Directly For Fiat
Credit: pixabay
Since February 2017, I signed up to join the exchange cex.io, I seldom visited the exchange. Just before my trip to Vienna, Austria in September, 2017, I realized that bitcoin (BTC) and ethereum (ETH) can be exchanged directly for fiat (USD and Euro). Cex.io was the exchange I used first to convert BTC to euros and then cash out money (euros) with my integrated visa card.
Note: Matthew Field of telegraph reports that
Thousands of Bitcoin users have had their pre-paid cryptocurrency cards shut down in a crackdown by Visa on a card provider.
So, using integrated visa cards to cex.io would bridge the gap caused by the disabling of pre-paid cryptocurrency cards.
The addition of steem to the exchange, cex.io, and other cryptocurrency exchanges would facilitate greater adoption as more of the steem tokens, would get to the hands of more people.