OKX vs Binance, round 2 It’s interesting to see even one of the biggest and most powerful CEXs in this industry like OKX openly advocating for decentralized exchanges. Clearly even they are sick and tired of Binance’s shady practices and how they try to squeeze the crypto space like a lemon until there’s nothing left. It’s inevitable that DEXs will eat the entire CEX market share. There is not a single possible scenario where this industry is flourishing in 5-10 years while CEXs still control the majority of volume. The sooner we understand this and adjust our behavior accordingly, the faster and less painful the transition will be.

Star
@star_okx
At first glance, this may sound reasonable—but it is actually a false equivalence.
DEXs and CEXs serve fundamentally different roles.
Open, permissionless access belongs to DEXs; responsibility, standards, and accountability belong to CEXs.
A DEX is a pure self-custody tool.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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