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Still, exchanges exist because there is a large demand of customers converting between fiat and crypto, also probably reduce transcation fee and time to be low
by charlieyu1 3y ago
Still, exchanges exist because there is a large demand of customers converting between fiat and crypto, also probably reduce transcation fee and time to be low enough to allow trading derivative products. Not perfect but probably a necessary evil.
- paxys 3y agoThe demand for simply converting from fiat to crypto to hold or spend it does exist, but is probably negligible compared to wanting to do the equivalent of investing or day trading.
- charlieyu1 3y agoAnd how is that a bad thing?