There are more than 500 active cryptocurrency exchanges in existence, and as the market continues to expand and evolve, the number is expected to increase in the years to come. Although there’s no exact information on the number of people holding a crypto wallet, Blockchain.com, the world’s most popular wallet provider recently topped 34 million users. Given the sheer number of options, choosing an exchange to trade cryptocurrency can often be a daunting task, for both beginners and experienced traders. Following a rather challenging year, crypto enthusiasts have become more cautious. Reputation, due diligence, fee analysis, and platform user-friendliness are important attributes that should be considered before making a final choice.
Source: Singaporean Cryptocurrency Exchange Seeks to Become the New Binance