Too Long; Didn't Read
Bitcoin is at its lowest value in 18 months and fellow coins aren’t fairing much better. In today’s vicious bear market, the dangers of centralized crypto exchanges (CEXs) come to the fore. CEXs can and do manipulate at will, writes Maksym Aptilon. The message for crypto traders in this moment is to be careful and turn to what made blockchain so great in the first place: decentralization. The way these platforms operate is contradictory to the ethos of crypto, he says. Consider a peer-to-peer (P2P) decentralized orderbook-based DEX.