If you guys were to build a CEX exchange, what kind of features would you add?

[nonlogs]

I’ve always been curious about this, especially since so many people get scammed or hacked by exchanges. I know there are DEXs, but they’re usually built for certain protocols that support specific networks like ETH, SOL, AVAX, Base, BNB, and POL. Newer coins with unique mining algorithms often can’t prioritize building a DEX for their coin because they lack the resources and developers. CEX exchanges seem like the only way forward, but these days they lack transparency and authenticity. I’d like to know what kind of features would you add? Just curious.

[Z-tight]

One of the major problem affecting centralized exchanges is hacks, a lot of them have been hacked and if we are to be honest, there are still many more hacks that are waiting to happen, store your funds in your self custodial wallet, so you don't become a victim.

So, based on the above, if i am to build a centralized exchange, my focus will be on security and on methods of preventing hackers from stealing customer funds.

[electronicash]

if i am to build an exchange, i would develop it with a platform designed to engage with the token developers. promise them to list their tokens in the exchange and in return they just have to promote signature campaign on forums with the token and the exchange in forums side by side.

the participants of the campaign will receive their pay to the accounts in the exchange. both the exchange and the token community can build bigger community.

[nonlogs]

if i am to build an exchange, i would develop it with a platform designed to engage with the token developers. promise them to list their tokens in the exchange and in return they just have to promote signature campaign on forums with the token and the exchange in forums side by side.

the participants of the campaign will receive their pay to the accounts in the exchange. both the exchange and the token community can build bigger community.

hmm interesting..

[Crwth]

I think the current central exchanges are secure. It is more important for me that they are transparent and honest with their actions. So, in that way, I am more comfortable operating and exchanging with them.

Events like trading competitions and rewarding top traders would be appropriate as well.

[Fivestar4everMVP]

I’ve always been curious about this, especially since so many people get scammed or hacked by exchanges. I know there are DEXs, but they’re usually built for certain protocols that support specific networks like ETH, SOL, AVAX, Base, BNB, and POL. Newer coins with unique mining algorithms often can’t prioritize building a DEX for their coin because they lack the resources and developers. CEX exchanges seem like the only way forward, but these days they lack transparency and authenticity. I’d like to know what kind of features would you add? Just curious.

Are you just being curious or do you have plans or wish to someday build a centralized exchange yourself? If you have plans or dreams of building an exchange, it's absolutely fine, and I understand that you asking this question is possibly a way you try to find out ideas and features that are not already included on any centralized exchange, which is also not bad at all.

For me though, I think CEXs have become so advanced and complicated that it's hard to really not find any feature you want on one of the many CEXs available, but for me, maybe a unique feature would be to include a built in streaming platform where traders can stream their favorites song even while trading 😁😁, yeah I know this would be an odd feature but as a lover of music myself, I would fall in love with any exchange where I did be able to listen to classics songs while trading haha..