What does the FTX CEO mean when he calls crypto exchanges complete?

3 answers

• Dec 15, 2021 · 3 years ago
  When the FTX CEO refers to crypto exchanges as 'complete', he is likely referring to the comprehensive range of services and features they offer. This includes not only the ability to buy and sell cryptocurrencies, but also advanced trading options, margin trading, futures contracts, and various other financial instruments. By calling them 'complete', he is highlighting the fact that these exchanges have evolved to become full-fledged platforms that cater to the diverse needs of traders and investors in the crypto market.
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• Dec 15, 2021 · 3 years ago
  When the FTX CEO says that crypto exchanges are 'complete', he means that they have become all-in-one platforms that provide a wide range of services beyond just basic trading. This could include features like staking, lending, borrowing, and even decentralized finance (DeFi) integrations. The goal is to offer users a seamless experience where they can access all their crypto-related needs in one place, without having to rely on multiple platforms or services.
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• Dec 15, 2021 · 3 years ago
  According to the FTX CEO, crypto exchanges are 'complete' because they have expanded their offerings beyond simple buying and selling of cryptocurrencies. They now provide users with access to a variety of financial products and services, such as options trading, tokenized stocks, and even prediction markets. This evolution reflects the growing maturity of the crypto industry and the increasing demand for more sophisticated trading and investment opportunities.
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