I suppose I mean a centralized listing. I too don't see a way around transfer costs, but I think that the Leo Bridge could provide very low transfer fees if exchanges purchased their vault leo from there. I think seeing a token on an exchange like Binance or Coinbase (though lofty goals) is incredible for trust and value, just a thought
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Yea but the Bridge itself won't be able to cut down all fees. Also if they have to keep a ton of BNB/ETH on hand, then it will require a ton of initial capital and I think that defeats the purpose of the bridge.
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In the end, the centralized exchanges are going to mean little. Everyone runs to them thinking it will skyrocket the price. Look at Hive. It is on a number of exchanges but really isnt doing much.
The DEX are going to run the show in the future and this something that we need to keep in mind. Strengthening things on that end is what is really important.
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In an ideal world I agree with you completely (that is exactly what I want) but I think we need to be realistic still. Right now in the world that we live, centralization is seen as trustworthy. The more money some group has, the more powerful they appear to be and the more their opinion as valued. I think that if huge centralized sources are shilling coins, a nascent market like cryptocurrency will be incredibly altered by their voice. Take Elon and Doge or CZ and BNB. Right now, seeing the big time 'blue chip' exchanges pick up a token does make a difference; it isn't everything but it is more important than we are giving it credit for I think
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Certainly it gives more exposure and is better to be on a CEX than not. However, to view that as validation I think is a mistake. And, history showed that it really does not affect the token other than a short term pump. Hive is on many of the CEX and it did give a bit of a pop and then it dropped to 10 cents.
So other than easier access, I think it really does little. And from what I am seeing, being able to get to BSC from Hive is more important. Actually, adding the other way even makes things a lot more accessible. Imagine being able to take any BSC token and easily getting it onto Hive.
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What your describing is what I also see as the likely future for Hive and BSC. I think my take on CEX's were more rooted in the benefits pertaining to marketing rather than making the ecosystem of the token a little better. In a time where we are making a big push to bring in users and investors, we have to consider that taking advantage of an exchange with a large user base may be key in helping us grow.
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