news

bitcoin

1 X bitcoin bitcoin =

Monday

21 September 2020

Binance, Huobi, OKEx Have FOMO for DeFi - CoinDesk

Binance, Huobi, OKEx Have FOMO for DeFi - CoinDesk


smart summary beta

When one buys and holds a cryptocurrency on a CEX, the coin is often in a centralized address by the exchange.

Babel Finance’s Chen compared the CEXs’ take on DeFi with oil companies buying natural gas companies’ stocks when natural gas first challenged their dominance in the energy sector

The centralized exchanges are in the similar mindset as those oil giants: If DeFi and DEXes replace centralized exchanges, centralized exchanges would still be able to catch some part of that market share, Chen said.

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

coindesk.com
Market data feeds provided by cryptocompare.com
bitsmart 2018