Osty Duarte

Is The Crypto Market a Joke?

I used to think crypto was different from traditional finance decentralised, fair, and for the people. However, trading on platforms such as Binance, FTX (prior to its collapse), Kraken, Bybit, or Bitstamp reveals the reality: these platforms are merely another Wall Street playground.Every one of these platforms uses CLOB, which might sound fair in theory, but in practice, it’s the complete opposite. Big institutions have direct market access, co-location privileges, and preferential fees, while we, the regular traders, are left with slow execution and poor order fills.