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It's partly a UX thing, uniswap can be expensive at certain times. This is beind worked on actively with rollups. But there is still more work to do. It's part
by pa7x1 4y ago
It's partly a UX thing, uniswap can be expensive at certain times. This is beind worked on actively with rollups. But there is still more work to do.
It's partly also because you have to bridge from traditional finance to cryptocurrency somehow. Many of these centralized exchanges are allowing that bridging. Usually that would involve meeting strict banking and KYC regulations. FTX decided that was too much of a hassle and incorporated in Bahamas to avoid it.
- newswasboring 4y agoI feel like the whole KYC and liquidation to fiat should be handled by token issuers and not exchanges. USDT should be responsible to give me cash USD, not binance or coinbase.