Year: 2025
Type: article
Abstract: The debate over whether a fundamentally strong cryptocurrency project must be listed on centralized exchanges (CEXs) remains a topic of discussion in the blockchain industry. This paper explores the necessity of CEX listings for genuine crypto projects by analyzing liquidity, adoption, security, and decentralization concerns. It evaluates the role of centralized platforms versus decentralized exchanges (DEXs) and investigates whether a project can thrive without reliance on CEXs. The study concludes that while CEXs offer certain advantages, they are not an absolute necessity for a genuine crypto project with strong fundamentals, decentralized liquidity, and an engaged community.
Author: Suprit Kumar
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4410074799