Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
Bitcoin.com 2022-12-22 12:30:21

Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot

Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef also stated that tokens built on top of Ethereum have been primarily scams.
esptco-banner img

Videos
  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

  • ASIMI: What is Asimi Coin?

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

  • Bitcoin Cash: What is Bitcoin Cash (BCH)? EXPLAINED!

Our Partners