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Binance is supporting direct deposits/withdrawals to Arbitrum. I'd expect more exchanges to do this with other L2s.
by throwaway21332 5y ago
Binance is supporting direct deposits/withdrawals to Arbitrum. I'd expect more exchanges to do this with other L2s.
- rvz 5y agoSo once again, Ethereum users relying on centralized exchanges to bring the gas fees down (when the steps involved confuses users and the fees are still high). Given that being the case, the general decentralization argument would be pointless. For the many users who need to be able to pay for their groceries quickly, you might as well use Solana then, since everyone needs to eat. The whole point of Uniswap is to move away from these centralized exchanges. Perhaps using that has gotten more complicated to use or the swaps have also gotten too expensive even if it is on an L2; making that useless as well?
- throwaway21332 5y agoArbitrum doesn't require you to use a centralized exchange, it's just easier to onboard with "fiat -> centralized exchange -> arbitrum" than "fiat -> centralized exchange -> ethereum -> arbitrum".