Crypto Exchanges Powering the Pulse of the Market

[cryptoaddictchie]

I see. Yes, cex is a lot more convenient and yes you do have to find a peer on bisq, it is a more sophisticated and timely approach in comparison.

Its good to use dex and thats for sure. Everyone would want that including me, though I needed a feature like whats offer on Binance and other cex. Its not like we wanted to support cex, but a platform who provide what you need, Isnt that a good service? Yeah consequence is compromised on the kyc part, but if you are in gambling and won a big prizes mostly require KYC too, everyone would resort to that too eventually unless they dont want to claim their prizes.

Its a matter of use case. Until dex provide that kind one on me, then Im gonna stay and use cex.

[Peanutswar]

A large sum exchanges requires to accumulate a large number of bitcoin or lets say at least supported cryptos for their users and we know if a large sum address to buy and accumulate to store for their funds and reserves incase thats how it takes a large impact of the market once they bought and sell like what happens with the Luna it gives a huge impact to traders but its the total trades to make move not just the exchange itself.

[shinratensei_]

When trading, I suggest you to stick with big exchange with big liquidity, there's no need to get attracted into some obscure event because you don't know if the exchange is truly good and honest or not.
But I can agree with your statement that CEX is the pulse of the market.

Take a short look at coinglass data and you'd find out the liquidation happened mostly at CEX and the level of liquidation compared to DEX like hyperliquid is significant, like ant and elephant.
But it's mainly because people don't really care about self custody and only in for the money, so CEX is their choice. Honestly, nothing wrong with it.