Post
Topic
Board Trading Discussion
Re: What's next?
by
Mpamaegbu
on 13/06/2023, 14:17:01 UTC
Hi guys
What do you think about the situation around Binance?
With all that's happening, I'm beginning to think this could become an opportunity for more Dexs to spring up. If Coinbase and Binance which are the topmost exchanges are getting terribly hit by governments, it could even make the exchanges to shut down and move to decentralization or this can create another wave of new centralized exchanges springing up. In the past it used to be Phoenix, Bittrex, Coinexchange, Bitstamp, Bitfinex that dominated the stage until Binance happened in 2017. I won't be surprised if we witness a similar thing play out now and there's a paradigm shift.