Cryptocurrency companies will oust banks from the financial market

The cryptocurrency industry could deal a crushing blow to the banking market. Jessie thinks soPowell, who heads the Kraken exchange.

In his opinion, only those financialstructures that will have time to enter the cryptosphere. The rest of the traditional players, and primarily banks, will leave the market if they continue to ignore digital assets.

Powell noted:

«I think you will see that the days are numbered for those companies that do not keep up with this [cryptocurrency]».

The Kraken CEO recalled that his exchange was created from scratch. The team has built an infrastructure that has grown in just a few years. Kraken is currently on the list of top cryptocurrency platforms.

Cryptocurrency companies are the future, and theirthe expansion cannot be stopped. Therefore, traditional market participants need to look for ways to penetrate the blockchain industry right now. Otherwise, they will not be able to keep their business, Powell summed up.

Kraken CEO recently stated that withinIn the next two years, we will see the price of Bitcoin soar to $100,000. Institutional adoption of BTC will be the main driver of the growth in the value of the cryptocurrency.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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