Traders Still Prefer Centralized, Trading Volume Suggests | Crypto Craft

  • Traders Still Prefer Centralized, Trading Volume Suggests

    From blockworks.co

    Publicly-traded crypto exchange Coinbase has maintained higher trade volumes than decentralized counterpart Uniswap so far this year, suggesting traders may not be as regulation-hesitant as originally thought. Investors may have been fretting that the SEC, which has taken some swings at the crypto industry this month, would set its eyes on Coinbase — but traders so far have not shied away from the exchange. In the second half of 2022, Coinbase and Uniswap were fairly evenly split on trading market share. But since the start of 2023, Coinbase has dramatically increased trading volume, according to data from research ... (full story)

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XMR
Feb 21, 2023 4:34pm
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If this is even true, I doubt the correct word is "prefer." Traders can only be as picky as their options. If there were better options, no one would choose centralized over decentralized, that should be common sense even for biased news-writers.
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