What are the Requirements for Decentralized Exchanges to Achieve High Liquidity?
▻https://hackernoon.com/what-are-the-requirements-for-decentralized-exchanges-to-achieve-high-li
Even if all centralized exchanges are closed, leaving us with no option but the decentralized ones (DEXs), can these platforms handle the high liquidity that Binance, Coinbase, or Bithumb are facing today?We’re going to take a deeper look into this question and identify the requirements for DEXs to achieve high liquidity, while at the same time try to spot the potential candidates that can bring a workable solution to the table.Liquidity is a challenge for the entire cryptocurrency marketIn the cryptocurrency market, liquidity refers to the difficulty of an asset to be bought and sold at a fair price. Lower liquidity creates a more volatile market, where prices change substantially in a shorter period of time. Higher liquidity makes for a stable, less volatile market where prices do not (...)
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