Sometimes people ask me should they trade STEEM/SBD on HitBTC.
Well, you cant because the wallets are closed for 2 years and these guys dont seem like wanna do anything.
Sure they have big volumes on some coins but loads of coins got dropped there despite paying for listning and STEEM/SBD is closed since 2 years from what i see. Of course they still trade there on the closed market, if you try to arbitrage you will stay locked there for life prolly.
Worth to add that Affiliate Program with freezed funds of loads of people was alos closed year or more ago and all they say "it will be back soon" since then.
Possibly for safety, it would be good to delist HitBTC from CoinMarketCap of STEEM/SBD as they may only make some users ie deposit there BTC/ETH to buy and lose (withdrawal fees there are enormous, to make sure you never get to zero ). Now price is similar to normal one so can be fooling but they used to trade at x10 premium for very long time fooling people for fake arbitrages.
I wrote about this first time 2 years ago but still nothing. Its pretty silly of them right?
Their chart.
Since very long time due to many bad reports they are also out of no documents needed bitcoin exchanges list
If you google loads of users got accounts closed with funds inside and many coins lost their places.
Current STEEM and SBD Markets
So out of those for exchanges that need documents Bittrex and Huobi is the place to go and from those that need no documents Binance of course or VCC Exchange as they share books as being partners of Bittrex/Upbit but don't need documents.
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