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Blockchain Industry Review
HAT’S NEXT ITH CRYPTO ALLETS? WITH
Article 5
Most people, when looking to get into crypto will start by either asking someone they know who’s already in it what to do, or will Google something along the lines of ‚ ‘How to buy crypto’. Most of the results will link to sponsored content and lists of a centralised exchanges. Some will be more reputable exchanges, other listings will be ads for less reputable sites where there is nothing resembling any assurance that any crypto stored on or sent to those sites will ever be seen again. As someone new to crypto – and therefore not likely to have what is relative insider knowledge of which exchange to trust – and which to avoid at all costs. Data from CoinGecko lists 473 crypto exchanges. A cursory glance at even the top 10% by trust score indicates more than a few which the majority of people in the crypto space would certainly not trust, some with legal ongoings and at least one which is considered to be a known scam. As someone new to crypto, how is one supposed to know which to trust? It can be easy to fall for glossy marketing and