Bitstamp 'exploring support for additional digital assets' including FLR

[Seoulite]

"As we continue to expand the scope of assets offered at Bitstamp, we’re looking into several cryptocurrencies to potentially list at our exchange.

After closely monitoring the market and performing due diligence to determine which projects fit within our internal digital asset framework, we have now started actively exploring support for the following 12 cryptocurrencies and stablecoins:

SushiSwap (SUSHI)

Storj (STORJ)

Decentraland (MANA)

Curve DAO Token (CRV)

The Graph (GRT)

Loopring (LRC)

Spark (FLR)

Hedera Hashgraph (HBAR)

Enjin Coin (ENJ)

Audius (AUDIO)

Tether (USDT)

THORChain (RUNE)"

https://blog.bitstamp.net/category/product-news

This makes it likely that FLR will be available for trading from day one on at least three exchanges: Bitrue, Poloniex, and Bitstamp.

Edited May 6, 2021 by Seoulite

[brianwalden]

10 hours ago, Seoulite said:

"As we continue to expand the scope of assets offered at Bitstamp, we’re looking into several cryptocurrencies to potentially list at our exchange.

After closely monitoring the market and performing due diligence to determine which projects fit within our internal digital asset framework, we have now started actively exploring support for the following 12 cryptocurrencies and stablecoins:

SushiSwap (SUSHI)

Storj (STORJ)

Decentraland (MANA)

Curve DAO Token (CRV)

The Graph (GRT)

Loopring (LRC)

Spark (FLR)

Hedera Hashgraph (HBAR)

Enjin Coin (ENJ)

Audius (AUDIO)

Tether (USDT)

THORChain (RUNE)"

https://blog.bitstamp.net/category/product-news

This makes it likely that FLR will be available for trading from day one on at least three exchanges: Bitrue, Poloniex, and Bitstamp.

I would think that almost all the participating exchanges would list FLR. Otherwise they're doing work to distribute the airdrop without getting anything in return for it.

If they were really smart, they would run their own FTSO data provider using their exchange price feeds. Then they give everyone who wants to the opportunity to "stake" their FLR and use everyone's staked FLR to vote for the exchange's data feed and give everyone their share of the rewards. That will further incentivize people to keep their FLR on the exchange.

I think Flare actually wouldn't mind this. Ideally you want Flare to actually be used on the network rather than sitting in exchanges, but this would get many exchanges to provide data feeds weighted by how many FLR holders are on the exchange. Not a bad deal.

[Seoulite]

7 hours ago, brianwalden said:

I would think that almost all the participating exchanges would list FLR. Otherwise they're doing work to distribute the airdrop without getting anything in return for it.

I agree I think a decent number of exchanges will list pairs in order to keep the people ‘dumping’ on their platform. However I’m keeping my expectations low so I can be pleasantly surprised.