CRYPTO EXCHANGES ARE THE NEW SUPER BRANDS, BUT CAN THEY STAY THERE?

Exchanges like Binance dominate, thanks to habit and high switching costs, but smaller players like Deribit are always scheming.

Deribit capitalized on BitMEX outages in 2019—proof that even the big dogs can fall when they slack off.

If you think your favorite exchange is invincible, think again. Regulators and competitors are watching.

Source: Cointelegraph$BNB