The Evolution of Crypto-Exchanges

Too Long; Didn't Read

In comparison to the traditional market, the number of <a href="https://hackernoon.com/tagged/cryptocurrency" target="_blank">cryptocurrency</a> exchanges is now far greater than the <a href="https://hackernoon.com/tagged/traditional" target="_blank">traditional</a> exchanges. Not all of them offer services that warrant the creation of a separate exchange. After the emergence of the decentralized exchange (like <a href="https://idex.market/eth/aura" target="_blank">Idex</a> and <a href="https://oasisdex.com/" target="_blank">Oasis</a>), the gauntlet had been thrown by the crypto-verse. With minimal interference in the form of KYCs and long-drawn sign-ups processes, these decentralized exchanges were the natural outcome of the decentralized movement.