The mass adoption of cryptocurrency continues, which is confirmed by the emergence of a new law, according towhich about 4,000 existing institutional investment funds will be eligible to invest in cryptocurrency.
We are talking about Germany, where the managers of the most popular institutional investment funds were allowed to allocate 20% of funds for cryptocurrency. The law is due to come into force on July 1.
The move will boost the country's position as a financial investment hub and help the crypto industry as a whole by further legalizing digital assets.
«About €1.2 trillion ($1.8 trillion) will beinvested in special funds (Spezialfonds) with fixed investment terms, and “right now 0% of funds are invested [in cryptocurrencies] because it is simply prohibited.”, noted CEO of the German company Distributed Ledger Consulting Sven Hildebrandt.
The widespread adoption of bitcoin and cryptocurrencies has long been considered one of the main goals facing the crypto industry. And in this sense, the process does not stand still.
For example, on Wednesday it became known that the publisherGames Nexon bought $ 100 million worth of bitcoins. Obviously, this is just the beginning, as this amount is less than 2% of the total cash and cash equivalents.
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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