Binance CEO predicts DEXes will overtake CEXes within the next 10 years
Speaking in an interview with the two co-hosts of the Bankless podcast, Binance chief Changpeng “CZ” Zhao predicted that DeFi and decentralized exchanges (DEXes) would be far superior to their centralized competitors within the next decade.
While CZ admitted it would take a long time for centralized exchanges to “go to zero,” he predicted decentralized platforms would only require another 5 to 10 years to dominate the market.