full image - Repost: DEX liquidity (from Reddit.com, DEX liquidity)
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When performing an exchange to XMR using an exchange service there is a need for liquidity. I assume that the DEX is finding liquidity using various CEXes API and once found requests that the funds be sent to the deposit address for the specified liquidity provider.Is that how it works? If so is there a way to know which liquidity providers were used?Doesn't this pose a privacy issue given that the CEX might know the address sending the funds?Aren't exchange services such as StealthEX, Changenow, changely, etc only GUIs in front of CEXes? Should we be hoping for services like Serai or Thorchain to be available to finally have true KYC free and privacy preserving swaps?
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