Answer2:Having an exchange allows for large amounts of assets to be exchanged at a predetermined price without the concern of slippage. This is because an exchange acts as an intermediary between buyers and sellers, allowing them to set their own prices and ensuring that all trades are executed at the agreed-upon price. This makes it easier and more efficient for investors to buy and sell large amounts of assets without having to worry about slippage or other potential issues that may arise from large trades. Additionally, exchanges provide liquidity, allowing investors to quickly and easily buy and sell assets without having to wait for a buyer or seller to come along. This makes it easier for investors to make profitable trades, as well as to quickly exit positions if needed.
