1) It is essentially the collective choice of users that creates the industry status of leading exchanges.

🔔Wherever the user deposits his money, the corresponding exchange will have the funds deposited.

🔔Users choose which exchange to trade on, and the corresponding exchange will have the possibility of liquidity exit for the project party.

🔔The user chooses which exchange to open the contract on, and the corresponding exchange has the largest source of profit in the casino.

2) The entire industry is ultimately doing business for liquidity. The purpose is to dump tokens to retail investors, just for the small amounts of money in the hands of retail investors. Everything is to make retail investors in the casino have fun.

3) On the contrary

🔥If the exchange does not have a large number of retail investors

🔥Does not have a large number of retail investors’ funds custody,

🔥Do not have a large number of chips that retail investors are willing to trade actively,

Then the corresponding exchange will no longer have the so-called rights.

4) Because the exchange is not the final recipient, no matter how rich the exchange is, it still needs users to take the initiative to pay for the corresponding tokens.

Therefore, all rights come from retail investors and from the choices of the vast majority of retail investors. And because each retail investor has too little money, their corresponding voices cannot be taken seriously, so the rights of the corresponding retail investors are plundered by all classes.

How exchanges exercise the rights granted by retail investors

1) After the exchange has the rights granted by retail investors, it can choose to negotiate conditions with VCs and project parties in the market.

🔔If you want to list on the exchange lanchpad, you will need to pay the listing fee, because this is where the most retail investors and the most willingness to buy are.

🔔If you want to invest in an exchange, you also need to give the exchange or its fund a lower valuation quote.

🔔If you want the exchange’s official account to pay attention and promote, you will also need to continue to pay the corresponding marketing expenses.

If you want to do liquidity/market value management, should the corresponding team consider the market maker team promoted/supported by the exchange?

2) This is just like a citizen’s vote. It is the collective choice of all retail investors that creates the industry status of the leading exchanges.

3) As for the technical level, transaction depth, and stability of the exchange, all of these can be solved by spending money and hiring more people.

Only the choice and trust of retail investors need to grow through repeated dangers and opportunities before they can stand out from the crowd of exchanges. $PEPE $SOL $BTC #美国8月非农就业人数不及预期 #小非农增幅创3年多新低 #BTC走势分析 #BNBChainMemeCoin #美联储何时降息?