Post
Topic
Board Announcements (Altcoins)
Re: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡
by
GoldenRays
on 17/05/2018, 12:02:23 UTC
Maybe I've gotten the wrong end of the stick, but what's the point in creating centralized exchanges anymore?
Personally, I'm not a big fan of DEXs, so I'll be happy with more Centralized exchanges with liquidity.
So if Xbrick can provide the liquidity, I'll follow. It's more usually a little more user friendly for not so experienced traders like me Smiley
They are expecting central banks and gov'ts to be stricter with regards to cryptocurrency exchanges and are incorporating procedures that they expect would be part of new regulations that will be formed:
Quote
The future of the crypto currency market is likely to be governed by stricter anti-money laundering (AML) regulations. As a result, those platforms with well-established AML procedures could be in much better position to be granted such licenses once they are put in place by the respective governments
Creating something new usually means creating something better. They see points to improve with the current exchanges and address those issues. Reading up about this project, it has a point, or rather a lot.