⚡Exchanges: Rivals or associated with the new traditional Banking?⚡
✍🏻The dominance of #exchanges in the digital asset market is a key factor in the structure and behavior of the cryptocurrency market. The #exchanges are platforms that facilitate the purchase, sale and exchange of digital assets. Its influence manifests itself in several ways:
🔍Price Control: They provide systems that control buying and selling operations, allowing them to maintain control over the price of all the digital assets they offer. This can lead to differences in the prices of the same asset on different platforms.
💱Market Liquidity: #exchanges aggregate liquidity from multiple market makers, which can reduce spreads and improve transparency for traders. High liquidity is essential for a healthy market as it facilitates faster and more efficient transactions.
🟠Bitcoin Dominance: It is an indicator of how large its market capitalization is compared to the rest of digital assets. A high domain would be a preference in the market towards #Bitcoin
⚔️Innovation and Security: Constantly innovating to offer better service and security, some WallStreet exchanges are creating platforms with on-chain settlement to satisfy the accumulated demand.
🚪Market Access: They provide access mainly for retail and institutional investors. This makes them essential gateways to participation in the digital asset market.
📝In short, #exchanges play a crucial role in the digital asset ecosystem, and not only as intermediaries in transactions, but also as market makers and agents of change in the industry.
🏦It remains to be determined whether traditional corporate banking, as they adopt the new needs of their clients, and added to the regulation, will form alliances or be different sectors for each market niche.