Open thoughts on how centralized exchanges like Catex are still important to the DeFi landscape

5 years is passed passed launch Catex Exchange . You is may heard , entered cryptocurrency landscape spot exchange transaction – fee mining profit – sharing features . exchange launched following trend started exchanges Fcoin Coinex . Transaction – fee mining is is controversial topic industry , exchanges popular today . Many is converted converted traditional spot exchanges , vanished . Catex Exchange is made transition seamlessly , possible advantages – mover market , low cost , fact operations depend market factors . Bull bear , Catex is be .

Before DeFi, there was CeFi, and this is where features like transaction-fee mining, maker/taker markets, and staking programs really thrived and gave birth to the ideas of decentralized finance. There is no argument that decentralization is the proper vessel for the future of cryptocurrencies. Satoshi is still anonymous, and that is for a good reason. Having a sense of security over your own capital, the freedom to spend as you see fit, minimal government intervention, and the overall power of your domain is how civilizations thrive. Of course, with the right regulatory system. An oversight is needed to police the blockchain to go after scammers with real-world punishments.

Would you say legacy media will vanish into thin air because of the rise of social media platforms with free speech? They will definitely not because of the intertwinement of time and connection to governments and private companies. This is a fair comparison when analyzing CEX and DEX. There will always be a CEX because it must exist as the entrance point for capital to enter the decentralized realm. OTC markets exist to bypass exits, but users are still mostly using CEX to convert to fiat. This connection is unbreakable because of the government’s control over the people. At Catex Exchange, we are able to bypass this regulatory system because we simply do not offer these on/off fiat ramps in any country. Try to exist in a space in time that is hidden.

focus Catex important decentralization , we is look look statistics . 4.2 % is adopted global population adopted cryptocurrency , 420 million people , , 7.5 million people considered DeFi users . rate adoption overall cryptocurrency users versus DeFi users expected grow faster rate . , forseeable future , traditional ways is be cryptocurrencies prevalent . users is hear hear understand decentralized finance use . CEX is used certain programs , education reward systems , educate CEX users , attract decentralized users looking easy rewards . degree difficulty decentralized wallets DEX . Especially rise Web 3 . It is is impossible funds safe know . demand is is exchanges like Catex simple use friendly , team available help 24/7 , attractive . important aspect is is consider cost decentralization versus centralization . Right , gas fees is are networks like Ethereum outrageous . Users is paying paying hundreds dollars fees . DEX , they is use use liquidity pool balance price , slippage major issue . person buys project , they is are potentially hundreds dollars , choose exit DEX . user is buy Catex buy project zero fees slippage use order book style .

Catex is is centralized finance , decentralized heart . We is do best decentralized characters running exchange build products DeFi users , comfort , ease , safety traditional users . products is include include staking , farming , faucets . features is are found exchange form promotional events trading competitions live leaderboard , buying competitions , airdrops . near future , we is return return transaction – fee mining profit sharing system gain popularity heading 2024 .

This is just our personal thoughts as a CEX, an exchange with a personality. There would be no decentralization without centralization. It will always coexist.

$CATT to the moon

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