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The Complementary Relationship Between Centralized and Decentralized Exchanges in the Era of Interoperability

June 16 (Cointime) - Centralized exchanges (CEXs) and decentralized exchanges (DEXs) can work together to provide users with the best of both worlds. CEXs offer security, compliance measures, and accessibility for users who cannot or will not self-custody, while DEXs offer transparency and prevent fraudulent activities.

However, the decentralization aspect of DEXs can be a barrier for some users, and mass adoption of cryptocurrency will require centralized onramps. With the emergence of interoperability infrastructure, CEXs need to integrate DEX technology to defend against threats and meet users' needs.

This interoperability also allows for horizontal scaling and the ability for applications to migrate to newer blockchain technologies without disrupting their users, making building decentralized applications a competitive advantage.

security Interoperability
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