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A common misconception is that DeFi cannot compete with centralized exchanges in terms of trading efficiency, order execution, and available tools. This perception, however, is entirely outdated.
As Mark points out:
“The stuff that you find onchain, Carbon DeFi included, is already offering tools and services that really embarrass conventional centralized exchanges. People often ask, “When will DeFi be able to hold its own against centralized exchanges?” But the reality is, DeFi has already left CEXs in the dust.”
The tools available on Carbon DeFi are more advanced than what centralized exchanges offer, and they function with greater efficiency, automation, and customization. Features like range orders and recurring orders provide an unparalleled trading experience, one that doesn’t exist on CEXs.
While some argue that blockchain transaction fees can be a downside, Carbon DeFi operates on networks like Sei and Celo, where executing a trade is already cheaper than setting up a single limit order on Binance or Coinbase. The notion that DeFi is lagging behind is nothing more than a myth– one that fails to recognize how far decentralized trading has come.
If DeFi is already offering superior trading tools, why do some still hesitate to switch from CEXs? One commonly cited reason is fragmented liquidity– an issue Mark firmly challenges.
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