With the recent shutdown announcement of Txbit, it's the second time SpaceXpanse unsuccessfully tried to join a centralized exchange (CEX) recently, with Exbitron being the first attempt, and we all remember how that turned out. This has only served to reinforce our notion that the old-style exchanges (CEXs) are actually dead in the water, mainly due to the constant pressure from regulators, privacy concerns, and some other serious issues. And it seems like a bit of a dead end, not really worth all the time and energy we've put into it.
Given these circumstances, we've decided to halt our immediate plans to get listed on third-tier exchanges, at least for now. However, we're not giving up on the idea of partnering with bigger and more reputable exchanges like Binance and Crypto.com or even some smaller ones down the road. We know those coin listings are crucial for creating a strong and thriving community around our ROD coin. But we'll only take that step when we're fully ready. This lines up with our bigger vision, where we want people to have quick and easy access to their cryptocurrency assets. That's why we're still eyeing collaborations with some instant cryptocurrency exchanges like Changelly and others.
For the time being, we believe that teaming up with Xeggex, and exploring the various services they offer, as well as leveraging Graviex's accessibility, should meet the immediate needs of our current and potential users. Of course, if things change, we'll adapt accordingly.
This change in approach will give us the resources we need to handle some pressing issues like lack of liquidity more effectively and finally give the attention needed to the exciting marketing plans we've been looking forward to. Then and only then, we’ll reap the benefits of all our efforts, and our much-anticipated success will come to all of us.
First published at 🚀SpaceXpanse Multiverse Newsletter
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Please, behave!