Discover and read the best of Twitter Threads about #centralizedexchanges

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Sourav Kumar Nanda
@SouravInsights
The crypto boom is taking off like crazy! Everybody now wants to own digital money. People are using Exchanges/P2P to buy them. However, exchanges are currently the most popular choice for many! So it's high time we talk about them & understand "How they Work" in this 🧵 #thread! Image
Table of Contents: 📝
▪️What's an #exchange & how it works?
▪️Who are #MarketMakers & why we need them?
▪️What's #liquidity & why it matters?
▪️Types of Exchanges:
- Centralized Exchanges #CEX
- Decentralized Exchanges #DEX

#Retweet if you like the content! Let's get started! 🚀
What's an #Exchange?
It's just a platform that matches #buyers & #sellers. They say what price, they are willing to buy/sell any particular asset, the exchange matches these 2 orders & the trade happens. The price at which the trade got executed becomes the "Last Traded Price".
Read 18 tweets

Related hashtags

#liquidity #Exchange #private #sellers #traders #misconception #supply #Exchanges #yieldfarming #exit #DeFi #Retweet #buyers #CentralizedExchanges #unstable #ETH #gas #liquiditymining #trade #DEX #enter #DEXes #stable #demand

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