According to the Changpeng Zhao, CEO of the largest cryptocurrency exchange platform by volume which is Binance, the cryptocurrency sector is currently in need of more decentralized exchanges (DEXes). Although he oversees a sizable centralized cryptocurrency exchange (CEX) and DEXes potentially have flaws, the CEO of Binance, Changpeng Zhao has stated that he believes that the market needs decentralized cryptocurrency exchanging platforms.
Changpeng Zhao Claims That The Crypto Industry Requires More Decentralized Exchanges
![](https://public.bnbstatic.com/image/pgc/202211/ab4d95610d9daa82b3f667b6ff74274b.jpg)
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