First of all, I think the first exchanges to be used should be decentralized exchanges (DEX). However, central exchanges (CEX) are more preferred due to some ease of use. High volume in central exchanges causes easier order entry. However, as this also provides high price volatility, it causes prices to rise and fall suddenly. This is one of the disadvantages of CEXs. You cannot see the order book in many decentralized exchanges. In other words, while you can use some order entry advantages in CEXs, it is difficult to do this in DEXs.
What did Orion do ?
Decentralized Exchange is safe because the private key is in your hands. Trading is easier in Centralized Exchange because the order book is more useful. So how would these two come together? CEO and Co-Founder of Orion Protocol Alexey Koloskov, presented a great idea for both.. Orion Terminal.
Orion Terminal allowing you to carry out arbitrage opportunities without the need for accounts on multiple exchanges. Orion Protocol will make this possible by combining the liquidity of every centralized exchange, decentralized exchange, and clearing pool in the market. On the other hand, you will have a very useful order book like in Centralized Exchanges.
Moreover, all you need is one platform Orion Terminal.
Moreover, all you need is one platform Orion Terminal.
- Endless liquidity.
- One platform
- Zero risk
Orion’s previous partners and high liquidity , it will be a great advantage to trade with your own wallet from many different exchanges.
Orion Terminal , brokers automatically execute trades routed through Orion’s liquidity aggregator via exchange accounts. This allows traders to tap into the liquidity of any exchange partnered — or any exchange our brokers have trading accounts with.
In summary, Orion is sufficient for a smooth, easy and highly liquid trade.
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Important Links :
Website : https://www.orionprotocol.io/
Whitepaper : https://www.orionprotocol.io/hubfs/whitepaper.pdf
Twitter : https://twitter.com/orion_protocol
Linkedin : https://www.linkedin.com/company/orion-protocol
Github : https://github.com/orionprotocol
Telegram : https://t.me/orionprotocol
