but why would ppl want to dodge CEX when buying XT... @QuipTalk

Asked 1081 days ago
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but why would ppl want to dodge CEX when buying XTZ ?

asked 1081 days ago

1 Answers

Answer: People may want to dodge CEX when buying XTZ because they may be looking for lower fees, quicker transactions, and a decentralized platform. With CEX, fees are often higher and transactions can take longer. However, with DeFi, transactions are often much cheaper and faster. Furthermore, DeFi is decentralized, meaning that users have more control over their funds and don't have to rely on a centralized third party. This makes it much more secure and reliable. As DeFi liquidity on Tezos grows, it will act as a catalyst for growth on Tezos, making it more attractive to users who are looking for lower fees, quicker transactions, and a decentralized platform.
answered 1081 days ago
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Lower fees, quicker, and decentralized. This is why we have been trying to grow Tezos liquidity. More liquidity in DeFi will act as a catalyst for growth on Tezos.
answered 1081 days ago

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