The word hybrid simply means the combination of different breeds to create something unique but
we are not here to talk about biology but to streamline that into the blockchain
industry and straight into an exchange that i will like to talk about, the reason why its called the HYBRID EXCHANGE
Before we begin, i will like to define two important concept; one is the Centralize Exchange (CEX) and the other is Decentralized Exchange (DEX).
A lot of controversies has surround both the two, with some school of thought taking sides but both come with their own advantages and disadvantages.
The decentralized platform has been known for its flexibility because its a peer-peer platform and truly defines the blockchain
industry while the centralized platform is the exact opposite, profit oriented and not just a crypto to crypto exchange but also fiat to cryptocurrency .
Other school of thought believe that they both have security issues, since some require an avenue for
users to enter their private key, hence a breach of security will mean the access of user's accounts by a third party,
user experience has also been identified as bad in a decentralized platform as opposed to a centralized exchange.
The differences can go on and on but that's not the basis of this article.
MEET CRYPTOA
A combination of both a centralized platform and a decentralized one, sieving out the disadvantages of both and combining
the advantages of DEX and CEX to create one unique platform, that's where the term "hybrid" came from.
I took the liberty of checking out the site, the user interface looks nice but something
caught my attention when i scrolled down the site, it turns out that the founder of CRYPTOA is from Nasdaq, a global electronic marketplace for buying
and selling securities. That immediately gave me some sort of confidence because one thing
i have learnt over the years is that, experience matters a lot in the establishment of any brand.
To read more about the article, do checkout the link below
https://steemit.com/cryptocurrency/@prudy425/cryptoa