If you’re a fanatic of cryptocurrency, you might have realized that there are numerous cryptocurrency exchanges out there. Some of these exchanges might be popular with their services by users in different parts of the world. Plus, even with a number of these exchanges being centralized, there have been talks about having a decentralized exchange.

Even with centralized digital asset exchanges like Coinbase, Bitfinex, Binance, and so on, there are also decentralized exchanges like RuDex, Waves Dex, BitShares, to mention a few. With these decentralized exchanges being a fantastic development, there’s still need to find a way to combine them with centralized exchanges. This idea gave rise to the creation of hybrid crypto exchanges.

So, what are these exchanges for? What are their benefits? Why will it be inevitable in the future? You’re about to discover answers to these questions.

What Is A Hybrid Crypto Exchange?

You probably understand Blockchain to be a decentralized ledger and that users primarily use centralized exchanges for the transfer/exchange of funds, right? Well, these exchanges are in control by third parties. Hence, they have a few security-related deficiencies.

There are few decentralized exchanges, on the other hand, that was built as a solution to the vulnerabilities of the traditional crypto exchange system. However, these exchanges don’t offer liquidity or latency tools to motivate huge institutional investors to delve into the cryptocurrency market.

As a solution to the issues of both centralized and decentralized exchanges, a new exchange that is based on the security and confidentiality of decentralized platforms, as well as the liquidity and functionality of centralized platforms, have been introduced. This is what is called a hybrid crypto exchange.

Interestingly, some hybrid exchanges are already in the works. So, it is only right that we look at the benefits of these exchanges.

Benefits of a Hybrid Crypto Exchange

Before we look into the benefits of a hybrid crypto exchange, who might have an interest in it?

Private investors

Affiliate crypto exchanges in search of liquidity

Traditional players in financial markets like Forex, with a keen eye for functional tools for handling cryptocurrencies and;

Institution players looking to take part in the operations of the crypto market

Now that we have that out of the way, what benefits do these individuals gain from a hybrid crypto exchange?

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Access to real-time operation

Complete integration of present traditional solutions used in the blockchain infrastructure

Interfaces and tools used by financial experts such as reliability, modularity, and scalability

Rapid operation even with the rate of transaction processing being inferior to that of other payment systems e.g. Visa.

Our Solution

We plan to build a simplified digital exchange that will allow you to swap your digital currency fast and securely. We aim to eliminate the obstacles typically associated with centralized exchanges. Your funds will not be maintained on our exchange; instead, you just send in the desired digital asset you wish to exchange from your wallet, and the equivalent output amount at market rate will be transferred to the desired wallet.

This protects users from potential losses that can occur from hacks when maintaining balances on centralized exchanges that are vulnerable to attacks.

Our underlying market engine scans many exchanges to find the best exchange rate. You won’t need to create an account; and will be able to start right away!

Inevitable Future Use of A Hybrid Crypto Exchange

Hybrid crypto exchanges are the unique mean that bridges the gap between the benefits of a centralized exchange and those of a decentralized exchange. This way, you don’t only get the trust of numerous users and cooperation with huge investors, but also the elimination of subordination to a third-party as well as reliable storage.

The exciting thing is that developers of hybrid crypto exchanges also have the prerequisites for a successful implementation of these platforms.

To Wrap It Up

With a unique hybrid protocol, hybrid crypto exchanges aspire to become the reference when it comes to compliance, security, and fairness of all cryptocurrency exchanges.

See you with the next articles and updates.

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