Crypto exchanges look towards Web3 as the global crypto market declines
With the crypto market still in its infancy, many have been left wondering what comes next. Is it going to take another massive correction like we just saw? Or are there some bright spots that crypto investors need to keep tabs on as it slows down and eventually comes to an end? The recent sell-off is yet another example of how volatile the digital currency space has become. Many expected a bear market similar to what bitcoin experienced earlier this year, but this one was far more severe. And with so much bad blood between exchanges and users, it’s no wonder why many have been keeping their distance from the market.
Coinbase
Last year, Coinbase was one of the first major exchanges to launch. The company has since grown to become one of the largest in the world, handling roughly one-sixth of all cryptocurrency trades. The acquisition of Blockchain could very well give Coinbase even more reach and power in the future, but for now, many investors will still be drawn to the exchange by its huge selection of coins and trading features. You can find a list of the leading cryptocurrency market leaders below:
Binance
Launched in 2017, Binance is also one of the largest exchanges in the world with a huge selection of coins and trading pairs. You can find a list of the leading cryptocurrency market leaders below:
binance.com
Founded in 2014, binance.com is already one of the largest cryptocurrency exchanges in the world, handling more than two-thirds of all cryptocurrency trades. It’s also the only exchange to feature built-in support for fiat currencies. You can find a list of the leading cryptocurrency market leaders below:
Kraken
Launched in 2011, Kraken is one of the oldest and largest cryptocurrency exchanges, handling over 40% of all cryptocurrency trades. It’s also home to the largest trading room in the world, often hosting over 100,000 traders at any one time. You can find a list of the leading cryptocurrency market leaders below:
Huobi Pro
Founded in 2013, Huobi Pro is the largest all-finance blockchain platform in the world, handling over 90% of all cryptocurrencies trades. It provides a full range of financial services, including trading, trading support, and financial literacy programs. You can find a list of the leading cryptocurrency market leaders below:
Radar Relay
Launched in 2014, Radar Relay is an online trading platform that provides real-time price information for more than 90 cryptocurrencies. It’s also one of the more advanced trading platforms, featuring an integrated charting and analytics software. You can find a list of the leading cryptocurrency market leaders below:
Final Words
It’s important to remember that the market is still young, and we’re only in the early stages of this bull run. As with any market correction, it’s smart to cash out before the market becomes overextended. With the crypto market still in its infancy, many have been left wondering what comes next. Is it going to take another massive correction like we just saw? Or are there some bright spots that crypto investors need to keep tabs on as it slows down and eventually comes to an end?The recent sell-off is yet another example of how volatile the digital currency space has become. Many expected a bear market similar to what bitcoin experienced earlier this year, but this one was far more severe. And with so much bad blood between exchanges and users, it’s no wonder why many have been keeping their distance from the market.In this article, we’ll take a look at what’s ahead for smaller exchanges as well as big players like Coinbase and Binance—and see how they plan on handling the situation. You can find a list of the leading cryptocurrency market leaders below:## Coinbase## Binance## binance.com## Kraken## Huobi Pro## Radar Relay## Final Words## What’s Next? As the crypto market has inched higher and higher, a lot of investors and traders have grown impatient. They’ve been waiting for the bottom to fall for months, and they’re beginning to get impatient again. So what’s going to happen next? The recent sell-off is yet another example of how volatile the digital currency space has become. Many expected a bear market similar to what bitcoin experienced earlier this year, but this one was far more severe. And with so much bad blood between exchanges and users, it’s no wonder why many have been keeping their distance from the market.