New Strategic Structure of The Crypto Exchange

web3.vc
2 min readJan 28, 2021

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While Polkadot is driving the cross-chain craze, several major centralized exchanges have also taken action recently. The most successful one is undoubtedly Binance Exchange, which was the first to launch its own decentralized ecological chain: Binance Smart Chain. Then followed by Huobi Exchange and OKEx, they both launched their own ecological chain, in which Huobi ecological chain less than a week, more than 1.1 billion dollars of assets locked into the chain, just a month, the world has changed dramatically.

Centralized exchange strategy began to change, the United States coinbase strategic direction is embracing the exchange, founding team hope that through the nasdaq cash development dividend, and several other big exchange basic is walk the path of centralized, launched its own ecosystem, the function of the original exchange gradually moved to the chain, to replace the function of the centralized exchange original decentralized exchange, and exchange will own a lot of money, moved to the chain of liquidity, mining is also do the role of large shareholders, and will gradually turn into legal tender for centralized exchange channel, among them, What connects the chain is a decentralized wallet. Huobi and Bianan both have their own wallets. Meanwhile, several large decentralized wallets are compatible with the chains of the three major exchanges, such as TokenPocket wallet. ,

A new strategy has been formed. Centralized exchange is the channel for fiat currency entry and exit, chain is the main platform for trading and contract trading, large coin holders are the major shareholders of decentralized exchange, and wallet is the entrance of asset management.

After new pattern form, bring a significant change is the dividing line, mining will be the first to host the mainstream crypto currency liquidity, such as basic don’t support EOS, EOS will no doubt is no longer the mainstream crypto currency, new and old crypto currencies, especially the small crypto currency not sentiment, will be within the centralized exchange, sentiment, no traffic, no money, would completely ruin.

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