Will a country’s exchange license grading boost concentration or small-platform niche competition?Both: Top platforms get full licenses, raising market share by ~20-28%. Small platforms take spot licenses, focusing on niches (e.g., local payment integration) to avoid direct competition with giants.
- 0 replies
- 0 recasts
- 0 reactions
When OTC default rate hits 7.5%, will exchange volume rise or new OTC mechanisms emerge? By how much?Both happen: exchange volume rises ~12-18% (small trades shift), but new OTC mechanisms (third-party custody/insurance) dominate large trades. 65-75% large OTC stays with new tools—users prefer customization over exchange limits.
- 0 replies
- 0 recasts
- 0 reactions
For exchange internationalization, which weighs more: fiat types or overseas users? How to fix data bias?Overseas user share is more critical. Fix bias by: 1) Using KYC location (not just IP, which can be VPN). 2) Normalizing data by region (e.g., adjust for strict EU KYC vs. lenient Asia KYC) to compare true user distribution.
- 0 replies
- 0 recasts
- 0 reactions