that we need adequate initial liquidity we can’t do that with 500-1000 coins or can we?
Also it’s a steep learning curve to use defi that too on L2s than going on to traditional exchanges and buying a token. Not everyone is techsavy and I believe this is one of biggest hindrance for our project as a whole.
Uniswap is bigger than Coinbase and Uniswap volume on Arbitrum is at ATH
I do not think that the learning curve is that high. Should not make this a Dex Vs cex discussion. Dex is always easier to use, and long term safer, once someone has grasped the basics. Team are asked every AMA about CEX, and really the main issue is that most existing UBT holders do not use CEX. Needs to be a decent exchange like coinbase, who team have confirmed they have contact with. Cex like hotbit, Bittrex and others all died and shutdown. Users did not use either bitrue or bitmart when it was listed there. If someone wants to use a cex there is still Bilaxy if you really want to. Imo there is little point in paying $200-300k for Mexc type exchange for no one to then use it.
Thank you for your thoughtful reply. I am not trying to bring the CEX vs DEX narrative. I am merely saying give two best options to get start with that should put this topic to bed once and for all. And as you mentioned Coinbase talks, I know about Coinbase talks they listed in custody and they even dropped a nice article about UBT 2 years ago. And that’s about it. Any how thank you for answering sensibily than straight up mocking.
No one ever mocks, but some people get very angry if you don't get angry with them about no big cex listings or announcements.
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