It’s time to address the massive problems of centralized exchanges
▻https://hackernoon.com/its-time-to-address-the-massive-problems-of-centralized-exchanges-ac2cfb
The problems that need to be solvedAs the massive bull-run of 2017 demonstrated, the early adoption of cryptocurrencies is primarily speculative trading. However, the current experience of trading crypto assets is a fragmented experience with scattered pockets of liquidity, and a highly technical and high friction process.Security flaws plague the industry and hinder adoption. Investors today need to have a particular appetite and tolerance for risk, not to mention an acute ability to discern legitimate investments from the rampant exit scams and phishing attacks.Centralized trading platforms have massive security risksThere are a plethora of centralized exchanges available to retail investors today, but a much smaller subset of these exchanges are properly regulated, not to mention (...)
#bitcoin #crypto-exchange #ethereum #cryptocurrency #centralized-exchange