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.”
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- Source: https://www.coindesk.com/markets/2023/10/30/okx-latest-proof-of-reserves-shows-exchange-overcollateralized/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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