The way forward for DEXs: focusing on unique markets

Which brings us to the performance of specific DEXs, their available markets and liquidity on those markets.

These were sudden moves leaving many of their traders with questions gone unanswered - if it helps, both of these DEXs are gateways to BitShares just like Sparkdex is which means traders can login to Sparkdex with the same credentials to access their funds.

Low liquidity is often a major issue for DEXs which can lead to issues like price slippage, where the value of a currency changes over the period of time it takes to complete a trade.

Trading niche coins on a DEX is simply not enough to secure your place in the market.

Trading unique stablecoin markets Amidst all this, Bitspark's decentralised exchange Sparkdex is still standing strong.

Some of these are entirely unique markets and can't be traded elsewhere, like USD/PHP.Almost every emerging market currency over time depreciates against the US dollar because USD is the global reserve currency, and the same goes for Philippine peso.

Liquidity on these markets is created by our market makers that see the opportunities before them.

Market makers literally make markets for currency pairs.

About trading decentralised and basic trading strategies, and if you want to learn more about market-making specifically you can join my upcoming live stream.

Bitspark has pushed crypto usage forward by building market ready, cash to crypto products and services that make it easier to buy, exchange and sell crypto with cash.