Financial

Crypto platforms vie for big traders in a crowded space

Exchanges are trying to win over institutional investors as the tide of crypto regulation grows

For exchanges that include retail clients in their business model, there can be less pressure to be the best bitcoin or ether trading platform

Anthony Kwan/Getty Images

New crypto exchanges are popping up everywhere. And with large professional traders sticking mostly with two tokens – bitcoin and ether – it is becoming even more difficult for trading platforms to stand out.

Chainanalysis recorded some 672 crypto exchanges as of August last year. The previous year, there were even more – 845.

That makes differentiation…

Chainanalysis recorded some 672 crypto exchanges as of August last year. The previous year, there were even more – 845.

Source: https://www.fnlondon.com/articles/crypto-platforms-vie-for-big-traders-in-a-crowded-space-20220405

Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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