Wall Street has dominated the financial world for decades. Your rules are law. Access strictly regulated. This could change soon. Through a revolutionary invention of crypto space: the decentralized exchange (DEX).
Their inventors want to tear down the walls of the old financial aristocracy. And in just five years, they achieved an insane rise. Uniswap, the largest platform of its kind, already rivals major centralized exchanges, has a daily trading volume of $1.2 billion. Changpeng Zhao, the founder of Binance, the top centralized crypto exchange in the world, predicts, “In 10 years, DEX will be bigger than centralized exchanges.”
In the current issue of the BTC-ECHO magazine, we examine the DEX phenomenon from all sides. We talk to experts, tell the story of how it came about and show how decentralized exchanges work. We also explain how anyone can easily and safely enter the lucrative business. You can read the full article in the September issue of our magazine. The new BTC-ECHO magazine is available from today – you can order it here.
How DEX are democratizing finance
The vision of the DEX stock market revolutionaries: Everyone with internet access and a virtual wallet can participate in the complex trade in cryptocurrencies. Anonymous, simple and completely self-determined.
And this is where the democratization of the financial system only begins: Because the decisions about decentralized exchanges are not made in the closed shareholder meetings in the global financial metropolises, but on Discord servers. This is where the members of this new Web 3.0 community, spread all over the world, exchange information. Around the clock. Anyone can submit suggestions.
But this dream of a stock market revolution could soon come to an abrupt end. Because regulators around the world are watching the storm on the traditional financial world with eagle eyes, which has been brewing in the depths of crypto space for several years. And they could intervene soon.
Ethereum 2.0: Everything about the merge in the BTC-ECHO Magazine (Print & Digital)
The BTC-ECHO Magazin is the leading German-language magazine since 2014 on the topics of Bitcoin, Blockchain, NFTs & cryptocurrencies.
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