Although in the immediate aftermath of FTX there was a concern that Sam Bankman-Fried had made the case for decentralized exchanges (DEXs) – and those fears still resonate with some consumers – the data shows that centralized exchanges (CEXs) are very much alive and well. “I think there are advantages of being a centralized exchange for a trader for an investor,” Rafique said. “Centralized exchanges have the ability to work with market makers and cater to a diverse customer base, including retail, institutional, and high net worth customers, while also having better order execution efficiency due to centralized order matching.”
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
