It seems anew wave of crypto adoption is on the horizon citing recent developments withrespect to the rise of wallet integration in the space if that’s anything to goby. Looking at the article from Cointelegraph, Nansen and graphic analyticsfrom TokenInsight about the latest success of Bitget after integrating BitKeepwallet ranking now among the top four largest cryptocurrency exchanges bytrading volume (approximately $666 billion), it is obvious that the use ofwallets is becoming more popular and important in the world of crypto. All thefirst 3 also have their own wallet (Binance – Trust wallet; OKX – OKX wallet;ByBIT – ByBit Web3). Could it mean that most people now practice SAFU in combowith daily trading or is it just a matter of been close to the market to takeadvantage of volatility to scalp or rack in some profit from their holdings?
Generally,this should be good news to the crypto world as the crash of FTX is nowreplaced by another high performing exchange which has highlighted the successof copy-trading that has helped new and reluctant traders to trade with highpercentage of success.
Technicallyspeaking, there have been a lot of debate about regulating the crypto industryfor the benefit of increasing people’s confidence and reliance on the space andlots of countries have kickstarted that process already including UK, HongKong, Australia, Canada, USA and many more.
My takethough is that while regulation may take away its decentralized nature, it’llalso bring more sanity and confidence to a whole lot of crypto native andnon-crypto natives alike.
Please doshare your thoughts about the drive for crypto relevance and success
Source: https://cointelegraph.com/news/bitget-20-million-users-after-wallet-integration
