PIVX is doing quite well! And due to this, we need to make sure our priorities are right. Markets have matured quite a lot over the years to the point that trading with stable coins has become the norm. This is why all our new listings have been for a USDT pair. Something we fought hard for to get on Binance, and now it’s available.
Phemex also listed us now with a USDT pair, and so will Blofin.
Our weakest pair in terms of liquidity and volume has been the BTC pair on Binance, and it has been costing us quite a bit to maintain the mm and liquidity there. We have been discussing with our market makers and feel it is best to allocate the liquidity we have on that pair back to our USDT pair to further strengthen our push for USDT perps on Binance. I am also working towards as USDC pair on Binance too.
I believe this is the best move and one that will propel our existing markets and also reduce the issues we have experienced where lack of liquidity on the BTC pair has led to arbitrage opportunities that negatively affected the markets in some instances.
Summarized.
We will be moving liquidity over to the USDT pair on both Binance and MEXC. I will also be adding more through proposals and using this to push for a perps listing. We have already been given the requirements for a USDC pair, so I am working towards that too 🙂
Should you have any questions, please visit Discord.PIVX.org
Onward we go, let’s keep growing!
Jeffrey
PIVX Business Development Lead
 | PIVX: Your Rights. Your Privacy. Your Choice |
| PIVX.org | Discord | Telegram | X | Github |
| MEXC | Binance | Poloniex | XT.com | WhiteBIT | LBank | Coinstore | Biconomy | And more! |