Institutional investors will raise the ETH rate to $3,000 by the end of 2022

The head of the BitMEX cryptocurrency exchange, Alexander Hoptner, told Cointelegraph during the Token2049 conference that he does not seedeclining institutional interest in the digital asset industry.

According to him, large investors chooseinnovative industries precisely during a bear market. Periods of bullish growth force them to make hasty decisions, which is difficult for large companies.

Hoptner also noted the interest of institutions inEthereum after its network switched to the Proof-of-Stake consensus algorithm as part of The Merge update. Now the blockchain of the second largest cryptocurrency by capitalization complies with the principles of EGS, he noted.

The CEO of BitMEX predicted an increase in the price of Ethereum to $3,000 by the end of 2022. At the time of writing, the asset is trading around $1,300, according to CoinGecko.

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Let's remember that in September, State Street analysts found that institutional investors remained interested in blockchain and cryptocurrencies, despite the bear market.

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 crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsAdvcash,PayeerQIWI.

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	https://binance.com	9.7
2	Bybit	https://bybit.com	8.5
3	Huobi	https://huobi.com	8.4
4	Bitget	https://bitget.com	7.8
5	AAX	https://aax.com	6.9

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

• Work reliability&#8212; 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.
• Additional features and services&#8212; futures, options, staking, NFT marketplace.
• 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.
• final grade– the average number of points for all indicators determines the place in the ranking.

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