construction sites of traditional trade
Traditional CEXs had to face a shocking realization on Monday morning: their users had missed out on potential gains of almost 41,000%. This shows the huge discrepancy between CEXs and DEXs. For many traders, waiting for centralized exchanges is becoming increasingly unattractive, as DEXs offer not only faster transactions, but also more liquidity and fun trading. In just three days, Solana's DEX users recorded an unprecedented trading volume of $28 billion, driven by the euphoria surrounding $TRUMP.
Trends in the Region: A Look at Asia
Asia, especially Southeast Asia, is increasingly becoming a hotspot for crypto investors. Regions with a young, tech-savvy population and limited opportunities oman phone number list for high-yield investments are experiencing rapid growth in the DeFi sector. The limited options in traditional trading compared to the US are driving people in these countries to DeFi projects where they can seek high returns. Access to financial markets is often associated with high costs and strict regulations. This is where the crypto industry offers a promising solution.
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The usability of mobile wallets has improved drastically. Users no longer have to wade through complicated processes to interact with DEXs. Instead, they can now trade quickly and easily using their mobile devices. Wallets like Phantom offer an intuitive user interface that makes it easy to enter the crypto world. Bobby Ong, co-founder of CoinGecko, notes, "The experience of decentralized exchanges is superior compared to centralized exchange platforms, and people prefer that in today's market climate."