Louis Cooper (πŸ’™,🧑) πŸ„
Louis Cooper (πŸ’™,🧑) πŸ„

@LouisCooper_

4 Tweets Dec 11, 2022
We are going to see a lot more competition between CEXs now.
What I expect:
β€’ Less spot fees
β€’ Higher bonuses + referrals
β€’ Radical transparency
It'll be a cutthroat market:
Why?
β€’ Attain FTX derivative traders at all costs, they are the money makers
Examples πŸ‘‡
1. First exchange with zero fees on all spot pairs
This is the equivalent of UK supermarkets making bread / milk cheap so you buy other shit
@Bybit_Official when sponsorship
2. BitMEX announce 0 fees:
Could go on with the examples, but we all know where this is heading.
Decentralizes exchanges and perps.
Look to $GMX to lead the charge.

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