Cryptocurrency Exchanges 2.0:
The functionality of exchanges goes beyond the trading - they still conduct IEOs, contribute their share to the legalization of the industry and, are the main bridge between crypto and fiat in a single money stream.
The biggest companies never stop. They are developing new solutions that will help turn them into complete platforms in the future. Which ones? Let's have a look at what will happen!
Now on the cryptocurrency exchanges, you can:
Buy cryptocurrencies
-Invest
-Trade
-Lending - an analogy of a deposit when you invest a financial instrument for a certain amount of time and get %
-Stacking - an analogy with investing in shares with receiving dividends
I may have missed some promising direction, waiting for your comments on schedule
There are several problems that exchanges face now and face in the future:
The first and most obvious problem, in my opinion, is a security audit, many exchanges are hacked and clients lose money
The second problem is some financial audits with reports to the regulator. This is inevitable if the company wants to maintain a business cleanly.
In the end, of course, no anonymity, but everyone understands the rules. And this will help attract new people and invest in the platform.
Time will show us how it all will develop.
In the financial markets, the cryptocurrency market will evolve more than the others.
Best regards EXCAVO