#CEXvsDEX101

Below is CZ's perspective when discussing the topic of DEX and CEX:

I think many people see CEX and DEX as two opposing factions, and I find that to be a mistaken view.

CEX cannot exist without blockchain; it is merely a 'gateway' into the decentralized world. For average users, logging in with an email and password is much easier than having to secure and store a private key. But both are just two different doors leading into the same space.

We are investing heavily in DEXs, decentralized derivative exchanges, building blockchain, and many other components in the ecosystem. I believe DEX is a very large market, as you said, and in fact, it has only just begun. There is still much to be done.

So I believe there is still plenty of room for growth. The future will undoubtedly belong to the decentralized model. I have said this many times: in the future, DEX will be larger than CEX. And we want to invest in the very things that will disrupt our current business model.