A significant portion of crypto’s success can be attributed to the rise of centralized crypto exchanges (CEXs). However, recent trends in the industry have shifted focus to other types of exchanges. As the battle for exchange dominance heats up, we would pit OKB (OKB), Binance Coin (BNB), and Tradecurve (TCRV) against each other. Which exchange would come out on top? Read on to find out.
OKX Sees Surge of New Users in Hong Kong, OKB Rallies
OKB crypto, the native utility token of the OKX exchange, has been on a bullish trend. In the last couple of days, the price of the OKB coin has increased by 5%. As a result, the OKB price now stands at $44.5.
The rally comes amidst a surge of new users in Hong Kong. The OKX exchange announced that over 10,000 new users registered in its first month in Hong Kong.
Price predictions for the OKB token are very bullish given its current performance. According to the predictions, the OKB token price will hit a high of $85 by the end of 2023.
However, the long-term predictions are rather mixed due to OKX being a CEX. As these types of exchange fade out, the utility of the OKB exchange would also decline.
Exchange Struggles Weighs On the Price of Binance Coin (BNB)
Binance Coin is the utility token of the world’s largest crypto exchange. While Binance Coin (BNB) has been a top performer, it was recently dethroned by XRP.
After the XRP pump, Binance coin is now ranked as the fifth largest crypto with a market cap of $39.85 billion. However, the price of Binance Coin has struggle in 2023.
Part of the struggle of the BNB coin comes from its parent exchange. After Binance was sued by the SEC, Binance Coin’s price plummeted by more than 10%.
Now, year to date, the Binance Coin is up only 4%, while other cryptos have almost doubled their value. With the case still unsettled, there are concerns about the price of Binance Coin. Many analysts believe that if Binance loses the case, it could cause the price of Binance Coin to drop even further.
Tradecurve (TCRV) to Replace CEXs With New Hybrid Infrastructure
What sets Tradecurve apart from rivals like Binance Coin and OKB is its future-proof hybrid crypto exchange model. Combining decentralization with the best features of CEXs, Tradecurve places emphasis on user anonymity, privacy, and decentralization.
In addition, the CEX part of Tradecurve will ensure that traders enjoy a smooth trading experience with quick withdrawals, deposits, and trade execution.
Where Tradecurve leads the pack is in its support for tradable assets. This new trading platform will offer a wide range of trading options, including commodities, ETFs, CFDs, indices, stocks, options, and forex, all accessible in one account. Experience a seamless and comprehensive trading experience across different asset classes.
At the time of this writing, TCRV is valued at $0.018 following an 80% price surge. Many experts have called Tradecurve the next blue-chip crypto project because of its potential. As a result, they have predicted that TCRV will become a top 100 crypto by the end of the year. To reach this status, the price of TCRV is forecasted to increase by 50x and give TCRV a value of $1.
