A closer look into how each trading platform is suited to certain kinds of users

According to the CEO of deVere Group, Nigel Green “crypto is inevitably the future of money. But you need to get it right from the get-go”

There are currently over 20,000 tokens in existence, with global crypto adoption rising by over 880% last year

In light of such exponential growth, it is more imperative than ever for investors to evaluate where and how to transact in cryptocurrencies

The CEO is referring to the recent string of freezes enacted by several cryptocurrency exchanges that stemmed from Terra’s collapse and the loss of nearly $40 billion in investors’ capital

More specifically, the crypto market crashed in May when the algorithmic stablecoin UST lost its peg to the U.S. dollar and the price of LUNA dropped 98%

Considering that there are tens of thousands of cryptocurrencies in existence, it’s important to recognise that not all exchanges offer every digital asset

For instance, a well-known exchange like Coinbase offers more than 526 crypto-to-crypto trading pairs, while Kraken lets you trade more than 160 coins