Sperax is a trusted decentralized network designed to provide highest level security and performance. The blockchain is built based on an innovative consensus protocol called Sperax BDLS protocol perfectly fit and realistic for partial asynchronous networks such as the Internet. This protocol ensures that transactions on Sperax blockchain are not only cheap and very fast, with about 10-second finality, but also offers a new level of security better than other consensus protocols. Crypto users do not have to worry about high gas fees as transactions on Sperax network will be as low as possible, paid in the native token of the blockchain, SPA.

SPA functions as the transactional currency and medium, staking rewards and incentivization, and governance purpose.

More importantly, the Sperax blockchain serves as an infrastructure on top which a financial layer for decentralized economy is built, with a native hybrid-model stablecoin called sCOIN. Therefore, Sperax connects decentralized finance to the real economy.

Sperax recently completed Testnet V1, and is poised to release testnet V2 soon.
The Sperax team is working assiduously to release several other products such as Sperax Play, which is Sperax wallet. There is also an upcoming airdrop in January and February 2021.

SPA Token Smart Contract Address
The latest and correct Sperax smart contract address is:
 0x9631483f28B7f5CBf7D435Ab249Be8f709215bC3

Partners
Sperax is supported by Amber Group, Outlier Ventures and FBG Capital.

Exchange
CoinMarketCap Link: https://coinmarketcap.com/currencies/sperax/

Coingecko Link: https://www.coingecko.com/en/coins/sperax


For more information on Sperax:
Website: https://sperax.io
Telegram: https://t.me/sperax
Twitter: https://twitter.com/sperax_io

I have observed that one of the determinants of the price of a token from the very first day of listing is the type of exchange where the token is listed. Centralized exchanges like Binance, Houbi, OkEx, Kucoin, generally list the token at prices higher than the ICO/IEO price.

However, some centralized exchanges are price killers. Most of the times when new projects list their tokens on this platforms, the price tanks deeply. This may be attributed to the fake volumes and low traffic on these platforms. From my personal observations, exchanges like P2pb2b, Coinsbit, Stex, Latoken, are just a few of such exchanges.

Note: I'm neither promoting or disparaging any exchange, it's just my personal opinion.

Do you agree with my view? I will like to hear your own thoughts on this too.

Thanks.

Centralized exchanges (CEX)  have been pivotal to the growth of blockchain and easy exchange of cryptocurrency. Decentralized exchanges (DEXs) on the other hand have been far from mass adoption because of issues such as low latency, inferior liquidity, front-running, and a few other problems. Yet, many agree that DEXs are the future of blockchain token economy as the centralized nature of CEXs defeat the main mantra of blockchain, which is decentralization.

But in recent times, especially as decentralized finance (DeFi) began to gather steam, coupled with the launch of DEXs such as Uniswap, many traders have potted to DEXs for token exchange. As a matter of fact, Coingecko reported that trading volume on DEX increased fivefold more than CEX in the month of July.

Could this mean that DEX is getting close to outperforming CEX and becoming the primary exchange for traders and investors?

What's your opinion about this?