Fees are generally much lower when trading on a CEX, especially with small amoun... | Hacker News

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		seaal on Nov 11, 2022 \| parent \| context \| favorite \| on: FTX tapped into customer accounts to fund risky be... Fees are generally much lower when trading on a CEX, especially with small amounts.

doorman2 on Nov 11, 2022 [–]

I guess that makes sense given that the CEX can simply update values in their own (non-blockchain) database. This highlights that blockchain tech isn't really ready for prime-time use, yet. If the cost / tx could be brought down significantly, then there would be no need for a CEX.

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