Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Muhammad Bashir on July 25, 2023, 06:21:40 PM

Title: Could Crypto wallet be the next drive for adoption?
Post by: Muhammad Bashir on July 25, 2023, 06:21:40 PM
Looking at the article from Cointelegraph, Nansen and graphic analytics from TokenInsight about the latest success of Bitget after integrating BitKeep wallet ranking now among the top four largest cryptocurrency exchanges by trading volume (approximately $666 billion), it is obvious that the use of wallets is becoming more popular and important in the world of crypto. 2 of the first 3 also have their own wallet (Binance – Trust wallet; OKX – OKX wallet). That has also spurred the rebranding of bitget which has got bitkeep renamed as Bitget wallet and their slogan now changed to “trade smarter”.

Personally, this should be good news to the crypto world as the crash of FTX is now replaced by another high performing exchange which has highlighted the success of copy-trading that has helped new and reluctant traders to trade with high percentage of success.
Technically speaking, there have been a lot of debate about regulating the crypto industry for the benefit of increasing people’s confidence and reliance on the space and lots of countries have kickstarted that process already including UK, Hong Kong, Australia, Canada, USA and many more.

My take though is that while regulation may take away its decentralized nature, it’ll also bring more sanity and confidence to a whole lot of crypto native and non-crypto natives alike.

Please do share your thoughts about the drive for crypto relevance  and success