Crypto exchanges have played a vital role in the growth of crypto, providing intermediaries to exchange between fiat and crypto. They provide an access point for millions of retail clients. However, despite this decade-long dominance, the pendulum swings in favor of DeFi.
Issues mount for Binance and Coinbase, and as trading volume declines on both platforms, investors look for a hybrid exchange. A platform that delivers the CEX trading experience but is decentralized and on-chain. Tradecurve has answered this call and has rapidly become one of the top altcoins picks for 2023.
US Regulatory Action Against Binance and Coinbase
Gary Gensler and the SEC have gone after both leading exchanges suing Binance on the 5th of June, accusing CZ, CEO of Binance, of operating in a ‘web of deception,’ and suing Coinbase the next day, on June 6th.
If the SEC prevails in court, the entire US crypto industry will be under the SEC’s jurisdiction. The historically highly aggressive approach from the SEC under Gary Gensler will crush any Web3 innovation in the US.
Why DeFi Trading Volume Continues Rising
However, crypto cannot be stopped. Gary Gensler may be able to stamp out the industry in the United States, but he cannot stop crypto. DeFi exchange trading volumes have soared more than 400%, and with net outflows from centralized exchanges totaling more than $2 billion DeFi has seen a surge of fresh liquidity. Platforms like Tradecurve have been enormous beneficiaries.
Tradecurve (TCRV) Introduces Hybrid Exchange Model
Tradecurve’s presale had already drawn significant attention due to the protocol featuring Artificial intelligence (AI) trading systems accessible for $TCRV holders. These allow traders to access back-tested AI strategies to improve their trading performance.
But Tradecurve’s hybrid model has proved to be the ideal solution to the current environment. Tradecurve leverages a hybrid infrastructure and is fully decentralized. Still, the trading experience resembles trading on a CEX order book model thanks to the protocol’s low latency and slippage-free trading powered by its institutional-level liquidity.
Users can access multiple financial instruments and trade on commodities, stock, crypto, and forex markets on Tradecurve, departing from DeFi’s dominant trading model of crypto pairings.
With a detailed outline for introducing Proof of Reserves and onboarding 100,000 users within three months of operation, Tradecurve positions itself to absorb a considerable percentage of this new trading volume in DeFi. It has no KYC process meaning traders can remain anonymous, and it serves as an access point to markets for millions of retail clients banned from trading under local legislation.
Tradecurve (TCRV) Presents the Future of Trading
Transparent on-chain pricing, on-chain Proof of Reserves, and access to various asset classes from a single interface: Tradecurve powers the future of trading. $TCRV, the native token, has already been forecast to surge by 5,000% in the coming weeks before the presale closes.
$TCRV presents the best avenue for exposure to Tradecurve’s overall growth, and looking at the contemporary landscape, Tradecurve can easily dominate trading volume and perhaps even outpace Binance and Coinbase in the coming months. The future is DeFi, and Tradecurve is the future of trading in DeFi; Tradecurve’s presale gives investors the opportunity to join this journey at the beginning.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
