CryptoAlchemy
Sun Oct 06 2024
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7 answers
1216
Is Tier 1 or Tier 2 better?
I understand that there's often debate in the cryptocurrency and finance space about whether Tier 1 or Tier 2 is better. But what exactly do we mean by these tiers, and what are the key differences between them? Is it simply a matter of size and market capitalization, or are there other factors to consider? And ultimately, which tier is more advantageous for investors and traders looking to get involved in the market? Let's dive into the details and explore the nuances of this topic.
CryptoAlly
Sun Oct 06 2024
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5 answers
1152
What is Tier 1 Tier 2 and Tier 3?
Can you please explain what are the meanings of Tier 1, Tier 2, and Tier 3 in the context of cryptocurrency and finance? Are these classifications used to determine the level of security, regulation, or accessibility of different types of cryptocurrencies or exchanges? How do they impact the overall landscape of the crypto market?
Elena
Fri Jul 19 2024
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7 answers
1404
Why are Chinese exchanges still considered Tier 2?
I'm curious to understand why Chinese cryptocurrency exchanges continue to be classified as Tier 2 despite their significant market share and user base. Are there specific regulatory, technological, or security factors that prevent them from achieving a higher tier? It seems they've made strides in recent years, yet the classification remains unchanged. Could you elaborate on the criteria used to determine these tiers and why Chinese exchanges specifically have yet to move up?
