7 Replies
Dust issues, kushti pinging them past few days but no response
Ok
Thanks
Kucoin is still down nearly a week later. Hotbit has now passed Kucoin in terms of volume. They are killing the market there.
For reference Hotbit today has done 10M in total volume on their exchange and KuCoin has done 1.5T.
The erg/usdt market volume on Hotbit is sitting at 188.5K. Thats close to 1.8% of the total volume on hotbit.
On KuCoin the volume of the erg/usdt market is 142.8K. That's close to 0.01% of their total volume. If KuCoin was trading erg at 1.8% of it's total volume they would be doing 27M in volume. So if ergo was a popular on kucoin as it is on hotbit it would equate to roughly 27 times more volume than the total volume that ergo is getting right now (which is 1.17M) It would be nice to get another T1 exchange like Kraken or Binance, but if there's a potential for 27x growth on merely KuCoin alone, then maybe the efforts are better spent just shoring up our current exchange popularity. (and functionality)
On KuCoin the volume of the erg/usdt market is 142.8K. That's close to 0.01% of their total volume. If KuCoin was trading erg at 1.8% of it's total volume they would be doing 27M in volume. So if ergo was a popular on kucoin as it is on hotbit it would equate to roughly 27 times more volume than the total volume that ergo is getting right now (which is 1.17M) It would be nice to get another T1 exchange like Kraken or Binance, but if there's a potential for 27x growth on merely KuCoin alone, then maybe the efforts are better spent just shoring up our current exchange popularity. (and functionality)
KuCoin Moderator (@KuCoinModerator)
@D_DellaRocca @kucoincom Apologies for the inconvenience. Rest assured a separate announcement will be made once the service resumes.
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Boromir was right
Resolved