• Insights and analysis
    • Stocks
    • Commodities
    • Indices
    • Currencies
    • Cryptocurrency
  • Tools and Systems
  • Knowledge
    • Trading strategies
    • Post Tags
    • Read books
    • Reviews
Skip to Content
Reg Trading
  • Insights and analysis
    • Stocks
    • Commodities
    • Indices
    • Currencies
    • Cryptocurrency
  • Tools and Systems
  • Knowledge
    • Trading strategies
    • Post Tags
    • Read books
    • Reviews
Binance Cuoc thi giao dich toan cau
Post Tags

Blockchain Exchanges Are Now Using Traditional Exchange Technology

  • 2020-07-29
  • By Translate Translate
  • 0 Comments

Typically, blockchain exchanges and traditional exchanges, such as the Nasdaq or London Stock Exchange, have been seen as polar opposites where blockchain exchanges are seen as a more open, community-focused option, whereas traditional exchanges are seen as relics of the old financial system — stuffy and opposed to blockchain technology and crypto.

This now seems to be changing, as blockchain exchanges have finally begun to form strategic partnerships with traditional stock exchanges, which allow the blockchain exchanges to utilize their technology in their operations. Is this the future of blockchain exchanges?

Problems with traditional asset exchanges

There are many disadvantages with traditional exchange platforms that blockchain technology and exchanges can help to fix. Firstly, traditional exchanges open and close at set times, which can limit the trading activity of retail investors who may be busy during market hours.

Additionally, traditional exchanges can have very expensive and complex fee schemes for trading. This can also put off investors with less money from trading altogether.

Many traditional exchanges are still slightly out of reach for the more small-time retail investors who may still want to get involved in trading. This is because many traditional exchanges do not offer fractional purchasing, which is the act of purchasing a fraction of an asset. Rather, the user will be required to buy a certain amount of the asset or a single value of the asset.

Despite the inherent benefits of blockchain-operated exchange platforms, there are still a lot of benefits that can be gained through blockchain exchanges utilizing technology created by traditional exchanges.

Some traditional exchanges have developed trading systems that can be easily scaled as trading volume increases; with the exponential rise in the popularity of cryptocurrencies, ensuring scalability is vital to a cryptocurrency exchange’s operations. Additionally, these trading systems experience low down-time and have high resilience, which ensure a seamless trading experience.

Moreover, there has been a widespread belief by many detractors that crypto exchanges are like the Wild West and are unregulated. By forming partnerships with traditional exchanges, crypto exchanges display legitimacy, and traditional exchanges, such as the Nasdaq, therefore, would not agree to work with the specific blockchain exchanges otherwise.

Finally, many cryptocurrency exchanges have previously faced issues of unethical trading. Meanwhile, traditional stock exchanges have systems in place that automatically survey any and all trading activity on their platforms. To compare, cryptocurrency exchanges have only recently begun to make use of these technologies to ensure that no abusive trading is taking place and to decrease the cost of surveillance operations, making crypto exchanges safer for traders.

The partnerships between traditional stock and asset exchanges and crypto trading platforms can hopefully help to continue a growing trend whereby cryptocurrencies are seen as a valuable, safe and valid asset to be traded.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Oluwatobi Joel is a freelance copywriter, community manager, blockchain expert and serial entrepreneur. He has worked with various blockchain startups as a marketing strategist. He’s also interested in innovative projects in the blockchain space.

  • #Bitcoin 
  • #Blockchain 
  • #Cryptocurrencies 
  • #Nasdaq 
  • #Exchanges

Share this:

  • Facebook
  • Twitter
  • Google
  • Telegram
  • LinkedIn
  • Email

Like this:

Like Loading...
Etoro

Post navigation

Next Post S&P 500 set to snap winning...
Previous Post Stocks - Wall Street Opens...

Related Posts

Top 8 Forex Trading Strategies and their Pros and Cons
Post Tags

Top 8 Forex Trading Strategies and their Pros and Cons

  • 4 days ago
  • 0 Comments
Asia stocks follow Wall St tumble on valuation worries
Post Tags

Asia stocks follow Wall St tumble on valuation worries

  • 2021-01-28
  • 0 Comments
Post Tags

Awọn iwe ti o ga julọ lori Awọn ọgbọn Iṣowo

  • 2020-11-02
  • 0 Comments
Post Tags

Izincwadi eziphezulu ngamasu wokuhweba

  • 2020-11-02
  • 0 Comments
Post Tags

Top ספר פֿאַר טריידינג סטראַטעגיעס

  • 2020-11-02
  • 0 Comments
Tickmill
safe fbs

ICHIMOKU STRATEGY : 9 strategies for trading with ichimoku – a gift from a Japanese master

Product details Print Length: 46 pages Simultaneous Device Usage: Unlimited Sold by: Amazon Digital Services LLC Language: English ASIN: B07RHKQYPY

BEST MACD BOOK

Product details File Size: 201754 KB Simultaneous Device Usage: Unlimited Publication Date: September 20, 2019 Sold by: Amazon Digital Services LLC Language: English ASIN: B07Y6FVHKH Text-to-Speech: Not enabled Word Wise: Not Enabled Lending: Not Enabled Amazon Best Sellers Rank

EVERYTHING YOU NEED TO KNOW TO START TRADING

EVERYTHING YOU NEED TO KNOW TO START TRADING Product details ASIN : B08N6TWZPY Language: : English File size : 1387 KB Simultaneous device usage : Unlimited Text-to-Speech : Enabled Screen Reader : Supported Enhanced typesetting : Enabled X-Ray : Not Enabled Word Wise : Enabled Print length : 45 pages Lending : Enabled
xau
Logo RegTrading

59 Lor 24A-Geylang,Singapore
Contact@regtrading.com
Https://t.me/regtrading

Google Play - Android

Best Broker

Education
Financial Planning

About US
Terms of Use
Privacy Policy
Contact US
RSS feed

Theme developed by Google developer
Back To Top
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.
%d bloggers like this: