OKB is one of the leading centralized exchanges (CEX) today, available in more than 200 countries. However, recent challenges have rekindled the hybrid vs CEXs. One of the top hybrid exchanges, Tradecurve, is now being compared to OKB. Read on to find out the argument of crypto experts about these two crypto exchange models.
What you'll learn 👉
Centralized Exchanges (CEX) vs Hybrid Exchanges
Centralized exchanges, otherwise known as CEXs, are the most popular type of crypto exchanges. CEXs played an important role in the success of crypto as they allowed for easy purchases of digital assets. However, CEXs like OKB were largely criticized for several reasons. They include lack of control, security vulnerabilities, regulatory risks, and lack of privacy.
To fix these challenges a new type of crypto exchange was born, known as hybrid exchanges. Hybrid exchanges like Tradecurve combine the best features of both centralized and decentralized platforms. They give crypto users complete control of their digital assets, support anonymous trading, avoid regulatory issues, and have very low fees.
Crypto Experts Are Debating, Can Hybrid Exchanges Compete With CEX?
Although CEXs like OKX have been the dominant crypto exchanges, crypto experts believe this could change soon. This is largely due to the increasing regulatory scrutiny. While crypto users previously leaned towards the OKB exchange for its high liquidity and great user experience, all that could change soon. With the advent of exchanges like Tradecurve, hybrid exchanges could match the best features of OKB.
Tradecurve solves the issue of liquidity by connecting to the biggest financial market in the world – the derivatives market. As a result, Tradecurve will offer more digital assets than OKB crypto. In addition, the platform is also very scalable and supports instant deposits and withdrawals. With Tradecurve matching the best features of OKB, crypto experts now believe that hybrid exchanges are the future of crypto trading.
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OKB vs Tradecurve, Which Will Be the Better Performer?
While hybrid exchanges perform better than CEXs, how about their utility tokens. The OKB coin is one of the biggest cryptos with a market cap of $2.6 billion. However, recently, the OKB token price has moved sideways, gaining only 4.66% in the last 30 days.
As a result, the OKB price currently stands at $43.42. In contrast, TCRV, the utility token of the hybrid exchange has been the better performer. In the last 30 days, the price of TCRV has increased from $0.010 to $0.025.
While TCRV has bigger gains than the OKB crypto, crypto experts are more bullish about the future. The OKB token will dominate only as long as CEXs remain relevant. But with hybrid exchanges taking over, crypto experts are more bullish about TCRV. TCRV will outperform OKB with a 50x price surge as the token has been forecasted to hit $1 this year.
Visit the links below to get more information about Tradecurve and the TCRV token:
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