I have created 2 charts to show you how much STEEM is actually stored on the exchanges, Bittrex and Poloniex.
Rule #1 in the crypto world: Don't store your cryptocurrencies on an exchange!
Looking at the figures below, it seems a lot of people don't care about storing STEEM on an exchange. Bittrex owns almost 5% of the total STEEM supply. Over 24 million STEEM (9.5% of all available STEEM) is locked up on Poloniex, an exchange that has deposits and withdrawals disabled for weeks now. I wouldn't feel comfortable if I had STEEM on Poloniex right now.
1. How much STEEM is stored on Bittrex?
2. How much STEEM is stored on Poloniex?
How much STEEM is currently stored on an exchange?
Bittrex: 12,053,421 STEEM
Poloniex: 24,369,891 STEEM
Total STEEM on an exchange: 36,423,312 STEEM
Total STEEM supply: 254,882,868 STEEM
Liquid STEEM: 71,767,439 STEEM
14.3% of all available STEEM is stored on an exchange. That's quite a number!