Post
Topic
Board Trading Discussion
Re: What's your take on CEX platforms integrating DEX capabilities like swapping?
by
South Park
on 09/11/2023, 21:06:47 UTC
So, what's your take on CEX platforms integrating DEX capabilities?
I find the Swap and Convert options on some CEX platforms to be very helpful and are features I always use. Because by providing a swap feature, without realizing it, the CEX platform is also trying to ensure that users do not exchange elsewhere as much as possible. Creating more ways to continue engagement in it and with low cost offers. This is an innovation that has been implemented in several CEX platforms that have personally been my choice so far. If you want to exchange small amounts of coins or tokens, such as on the ETH network, you don't need to worry about high fees.
That is normal for any business, what a business wants is for their customers to use their services as much as they can and to avoid for their customers to use their competitors, as if you do and you like something about that other service then you could replace them, and if enough people did this then their revenue could drop significantly, so it is natural that in this case exchanges are implementing all the features they can in order to keep their clients happy and within their platform.