Binance, FTX and Poloniex exchanges boost DeFi assets on their listings.

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4 years ago

The three combined crypto exchanges Binance, FTX and Poloniex are the paradise of the DeFi tokens, their listing on this centralised cryptocurrency exchanges give a boost on the prices of decentralized finances tokens governance.

The largest exchange of the world in volume transactions Binance have listed nine assets belonging the DeFi ecosystem in a total of 13 possible tokens, including Maker (MKR) with is the governance token of the MakerDAO protocol and Compound (COMP). FTX follow up on the second place listing DeFi tokens, with a total of six assets of tier-1 category on the decentralized finances.

On the end we have Poloniex with 11 tokens of tier-2 DeFi listings.

DeFi is Booming and it's comprehensive that many crypto exchanges are listing this jewels, also the American based platform Coinbase have some listed 4 of the biggest governance tokens such as Maker (MKR), COMP, Kyber and 0x.

Tiers on Exchange can be considered the ones that are on top 10 of the most largest on volume transactions on the market, but also could be found exchanges on Tier-2 and Tier-3 accordingly with position on CoinMarketCap.

There are plenty crypto exchanges on Tier-3 which have listed many decentralized finances governance tokens, but this ones doesn't provide reliable transaction volumes, DeFi ecosystem assets hage been growing and pumping on the market with astonishing volumes and doubling prices.

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4 years ago

Comments

The best is to use only DEX and stop to use those centralized exchanges in the future.

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4 years ago

You said it @chesatochi, the better ones to trade are DEX, CEX aren't that good to have your assets traded on but they also have assets that most Dex exchange don't have on their basket!

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4 years ago

Unfortunately, we need to deal with a mix of boh.

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4 years ago

Exactly we need them both you right👌

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4 years ago

;)

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4 years ago