Bitcoin Forum

Hello, all we know that Facebook is starting to launch the libra coin, is it possible to be traded on an exchange like other stable coins?

Yes it is, but we will see that in the future which exchange site will have created cooperation with the libra coin. As far as i know from the rumours if facebook already created some cooperation with crypto exchange sites to listing libra coin.
I guess that will be the big exchange site will able to create a partnership with facebook.

I think it wont be available on common exchanges. I think it will be strictly on FB and its partners. Take note also, it wont be decentralised lol.

Most likely the purchase of a coin will be made through a bank card. Bypassing all sorts of stock exchanges, thereby obtaining complete information about the investor.

I think it should be tradable, though they will be selective in their choice of exchange, more details will be available toward the launch of the coin.

Yes, of course Libra can be trade on exchange because every coin should be tradeble. As far as I know Libra will be launched next year and let's see if Libra will be available on exchange platform.

most likely will not be traded in the current year, most likely in 2020 or 2021,
and in time will surely come.

yes of course it can be traded on any cryptocurrency exchanges. And some exchanges like bcnex has already stated it'd support for the Facebook libra coin to be traded on its exchange once the coin is launched

Yes I checked bcnex website and official twitter, it said they are ready for Libra. Well I think it based on if people buy in Libra or not. But it's from facebook, 2.7 billion users, believe many people will buy in.

It's going to be a stable coin isn't it? So I don't think there's much point in trading it in expectation of price increases.
Unless you mean using it as a safe haven during a bear market - I suppose it would be less of a gamble than Tether, so that could be one use for trading it.

Everyone trying to be part of Libra coin, so many post has been made on this Libra coin, coupled with the US government trying to come down hard on this project, i just hope this project will lift up to expectation and i hope people will not be disappointed at the long run.

People talking about Libra Coin because its from facebook. I am believe people who have internet connection must be have facebook account, this make Libra Coin potential in the future. Lets hope this Libra Coin is good like on whitepaper

yes, I also heard that Libra is a stable coin that is backed up with real money. it's just that, in cryptocurrency, I think it will be difficult to be stable. even more so if the coin is traded like in binance, and others. even, stable fiat is traded in forex.

Facebook didn't said that they will list it on exchanges, they might create their own exchange to buy it directly on their platform.
The launch will occur next year so the announcement from facebook about listing and exchange would prolly be announced by that time.

possible, so that means Libra will not be traded on the exchange for the public. so don't think libra can make a new hype for crypto.

there is no clarity about trading pairs on exchanges, seems still have to wait for the next official announcement.
in my opinion there must be in order to make it easier for users to buy and use it.
but I am curious which exchange will selected as the first market for libracoin.

Why would you want to trade a stablecoin? At least Tether you can withdraw it and keep it and deposit on another exchange to buy other coins. With Libra you can only use it for Facebook stuff. When was the last time you bought anything on Facebook,,, and even if merchants accept to use crypto, why would they accept Libra when they can use Bitcoin for less commission?

Sure, there will be exchange to trade libra which isn't announced yet. I guess libra will be mainstream since it is from the big company and will affect government policy once it's launched especially from my government. Looking forward for what will happen in 2020.

Does it matter? Libra is already a simple stable coin. And the market already has a lot of stable coins. It won't help us much more any stable coins.

In my opinion, the purchase and exchange of coins will be made only on Facebook and on the platforms of their partners. However, we must wait before we learn how everything will be in reality. Maybe I'm wrong.

ofc, facebook intends to capture some part of the cryptocurreny market in order to give all people acess to basic financial services.
btw,regards to this thread.i've found related article so u can read & figure out more.
here's a link.
https://finance.yahoo.com/news/facebook-inc-fb-wants-more-220415665.html

Of course Libra is created to be traded, but currently the Libra coin is not going well, be patient to wait for the development of the Libra This coin will be able to trade 2 to 3 years.

of course it can, but lets wait the team of Libra coin announce where it will be listed, and after that it can surely being traded, and hope they will hit the top exchanger

The is a long way until Libra coin will be live on exchanges. Due to the fact that every participant must invest 10m USD, the total capitalisation would be around 1 billion USD if the price holds, so another top 10 coin.

hey , everyone. recently i have found an interesting thread regarding this discussion. You can check it following the  link. (https://bitcointalk.org/index.php?topic=5155721.msg51512527#msg51512527)

each investors ,ust invest 10M USD ??
one question : where did you found about this buddy ?
seems this libra will collecting a huge money from investors

and for the OP of course libra will be tradeable when this coin already launched

Definitely yes! Cos I believe nothing can stop the success of this imminent promising project that will definitely send a strong wave round the crypto space once it goes live. Even, we should get to see it listed on big exchanges such as Binance, Bittrex and the likes. Nevertheless, I think Facebook would be planning some other stuffs to make the coin unique and strong right on the go.