Press Releases
By TCA PR
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Decentralized Exchanges Vs Centralized Exchanges
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DIY Centralized Exchange Kits
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Conclusion
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Blockchain Startups cannot afford to pay High fees to the crypto Exchange as they operate on a tight budget.
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Blockchain and cryptocurrency space is seeing a surge in the number of crypto businesses with each business having its own crypto token.
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Companies pioneering these new technologies now rely on better and more trustworthy methods of fundraising such as Security Token Offering (STO) or Initial Exchange Offering (IEO).
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As it is with IEOs, the bigger the exchange on which a company gets it’s token listed, the better are its chances of selling more tokens.
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The problem with this is not only the fee but the fact that exchanges control which projects get a wider reach and which ones don’t.
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This problem needs an immediate solution. And it so happens that we have two — Decentralized Exchanges and DIY Exchange Kits.
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Let’s see what they are and how they solve the problem.
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Decentralized exchanges are not controlled by any person or entity, hence, called ‘decentralized.
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Despite these great features of decentralized exchanges, they face a critical issue. Decentralization was the core idea behind the whole of the blockchain and cryptocurrency…
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On the other hand, centralized exchanges like binance, OKEx, Huobi, Poloniex, etc have large trading volume, high liquidity, a wide variety of trading features and other tools…
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While DEXs is a possible solution for startups looking to get their tokens listed without paying high fees, they lag far behind CEXs in terms of liquidity and necessary trading…
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Yet another drawback of decentralized exchanges is that they only support ERC20 tokens. In case of other types of tokens, they must be swapped against either Bitcoin - BTC…
The Currency Analytics
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