I'm confused - if these decentralized exchanges aren't collecting any transaction fees due to regulatory compliance concerns, how are they planning on sustainably paying the teams of employees and lawyers they are hiring? https://t.co/xW7O0O1wmG
RT @JohnTodaro1: Another concerning post from a DEX. While a practical post from @RadarRelay, the truth is DEXs are simply not fulfilling their promises nor are they that close yet. The token listing process needs to be peer-to-peer without intermediaries.
Radar Relay bows to regulatory pressure from FinCen and implements KYC/AML checks required for Money Services Business.
*They also noted they do not list security tokens (read: not subject to SEC jurisdiction) but my gut says this needs review. I need to check the token list. https://t.co/xWvmtnNrDF
I've only used radar for the past 6 months or so. The liquidity isn't the best, and I don't trade much, but it has done the job for me. I think more people would use it if more people used it (read: more liquidity/volume).