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RE: Is Crypto Doomed? Post-FTX Collapse and If More Fallout is Yet to Come

in LeoFinance2 years ago

The collapse in CEXs would happen sooner or later anyway, a decentralized asset should not be expected to be traded on a centralized exchange. Cryptos are still in early stages so it's normal for them to be traded on centralized exchanges but 10 years from now we won't be seeing a lot of CEX. There will always be CEXs, but the trading volumes will not be this high.

The collapse of the CEXs will be a bit of a pain for the crypto markets, but I think it's a good thing for the future.

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