[Video Blog #141] - CoinMetro - Innovation Powered By Crypto
There is still a need for decentralised exchanges that provide greater access and more streamlined access to digital assets.
Gateways and bridges for trade between fiat and digital assets will be paramount for mass adoption.
With enhanced security and more functional services and options, platforms like Coinmetro will only support greater volume and feasibility.
Coinmetro is starting with 5 key assets and will build to supporting the top 10 assets based on the Coin Market Cap in early inception to the market.
This focus will lead a platform that supports numerous assets in a very short period of time with added features and with BitGo security.
What I want to see is a platform that supports all legitimate assets.
What defines an asset as legitimate is the only question as the space is still riddled with unsubstantiated projects.
What do you think of CoinMetro?
Do you want more from your exchanges?
Do we want more decentralised options?
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Let me know what you think of this concept.
I like it.
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Another great post, definitely need more decentralised options. And I need to do more research!
I realy think that Decentralized exchanges can't replace centralized exchanges ^^ , i don't know why but it seems to me that Decentralized exchanges won't be good as centralized exchanges maybe they will work together in some ways people used them both ... what do u think @sebastianjago ?
It is not about replacing, it is about options, choice and free trade. Decentralised are community driven with consensus. I think you will find they will do very well. We will find out with the likes of CoinMetro and EOSfinex. I think GBX is in the mix too. The DEX will also get better and better with the likes of Open Ledger looking after the ship.
yeah i agree with you , we hope see more Amazing Decentralised exchanges in the future :)
Thank you so much for this info @sebastianjago ! :)
Thanks for getting the information out.
@sebastianjago Decentralized exchanges provide a more secure and fair way for users to exchange digital assets , and as the general public grows in blockchain savviness, we’re likely to see a move towards holders of digital assets wanting more control and security in their engagement with exchanges , the most pressing issues with an over-reliance on centralized exchanges is security. Every week it seems, there is a new report of a major hack at a centralized exchange , Decentralized exchanges completely eliminate the need for a third party service to hold user funds in a centralized system,” says SingularX Product Manager Ruben Carrion. “Trading occurs in a peer-to-peer fashion through automated processes, without trading fees !
The more options we have the better, however people will go to the exchanges that offer more volume and minimal fees. People want the best price and tend to follow the crowd. The platforms that provide functionality and easy to use formats will succeed. Lets hope to see better options into the future.
I agree with you. Because people choose who will save it with a few taxes. I wish I could limit you
Greeting from Morocco , thank you for this great video , very informative and comprehensive in its content.
Detailed and accurate explanation and thank you
This has got a lot of things functional and this could be the next path braking thing in crypto as many such things failed but this could be a huge success
well thanks for sharing amazing stuff really enjoyed here
greetings from Indonesia.
your post is great.