Decentralized Triumphs And How To Pick The Best DEX To Use

For a considerable period, Centralized Exchanges (CEXs) dominated the crypto trading landscape. However, recent woes, encompassing security vulnerabilities, regulatory uncertainties, and key custody concerns, have prompted crypto enthusiasts to explore alternatives. Enter Decentralized Exchanges (DEXs), heralded as the trustworthy saviors in the tumultuous realm of crypto trading. CEXs Offer More Convenience While CEXs offer convenience, their centralized structure exposes users to hacks and scams. Tales of colossal financial losses due to security breaches are not uncommon. The custody dilemma arises as users surrender control over their private keys – the very essence of decentralized currencies. DEXs Are Viewed As A

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Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO

Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COOWhile centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with decentralized exchanges such as the self-custody of assets make look more appealing than centralized exchanges. Decentralized Exchanges Closing the Gap Despite seemingly […]

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We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives

We Must Expedite the Move From Centralized Services to Viable DeFi AlternativesThere is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back to the core tenets of crypto, such as decentralization, self-custody, transparency, and […]

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Bitget Becomes the First CEX to Launch Copy Trading in The Spot Market

PRESS RELEASE. (Victoria, Seychelles, 17 Jan 2023) – Leading crypto derivatives exchange Bitget announces to be the first exchange to launch copy trading in the spot market. As the first exchange for offering copy trading for derivatives in 2020, Bitget has honed its highly liquid, highly innovative flagship product, One-Click Copy Trade, to deliver a […]

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Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians

Americans, Koreans, Russians With Most Visits to Centralized Exchanges, Research ShowsResidents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer new users. U.S. Leads by Number of CEX […]

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Proof-of-Reserves Are at ‘Best Incomplete, at Worst Misleading and Deceptive’ Says Crypto Analyst Martin Hiesboeck

While many crypto exchanges have seemingly embraced the use of proof-of-reserves (PoR) to showcase their transparency and reassure nervous users, crypto analyst Martin Hiesboeck insists such so-called proofs are susceptible to manipulation or misrepresentation. He added that PoRs alone are not a suitable method of verifying an exchange’s reserves because they do not “account for […]

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