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RE: A discussion on the business model of Cobinhood - 討論Cobinhood的商業模式,P.S. 華人加油!
Do they have a solution to the liquidity problem that most decentralized exchanges have?
Do they have a solution to the liquidity problem that most decentralized exchanges have?
Hi there, they would not launch the decentralized exchange for now. I believe the solution is to build the community with the traders and once more sophisticated traders are drawn to the community, the liquidity won't be a problem because the traders will self correct the market price by providing market maker service (afterall, trading the bid-ask spread is one of the sure bet for the traders once the market becomes more mature).