Some questions about crypto exchanges

3Aud...JCs4
4 Mar 2024
1

Does the crypto market have other exchanges besides CEX and DEX?
Depending on user needs, the crypto market has exchanges such as:

  • Derivatives: These are exchanges that serve derivatives for users such as Futures, Lending/Borrowing, Margin... Some examples are: Aave, Drift Protocol...
  • P2P: An exchange where users trade directly with each other without going through a third party. However, P2P exchanges are currently falling out of favor because their services are not enough to meet user needs. Some examples are Aliniex, Remitano...

Crypto exchange search engines?
In case the above exchanges do not support the token pair and want to trade, users can go to CoinGecko, DexScreener... to search for an exchange that supports the token the user wants to trade.

Tools to view crypto exchange rankings?
If users want to see popular exchanges on certain networks, users can visit CoinGecko, DefiLlma… For example, on the Solana network, DeFillma will show the top exchange as Orca, followed by Raydium…

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