Binance, US, Coinbase, eToro, Gemini, Robinhood are listed by Nerdwallet as the top trading platforms for crypto trading. These exchanges offer platforms to retailers, hedge funds, money managers, and others to trade in cryptocurrencies. Other services are also provided.
Coinbase, for instance, offers its platform to developers, merchants, and asset issuers to build applications that leverage crypto-protocols, participate in crypto-networks, and accept cryptocurrencies as payment. A majority of the exchanges are decentralized exchanges. It is a clear indicator of investor preference for privacy and desire to operate freely without government control.
Cryptocurrency Prices, Charts, And Market Capitalizations | CoinMarketCap, a market research website, estimates that cryptocurrencies stand around 15,000. The total value of all cryptocurrencies on December 3, 2021, was put at $2.6 trillion. Bitcoin is the largest, with a market cap that exceeds $1.1 trillion.
Regulation varies from jurisdiction to jurisdiction. In some countries, trading in cryptocurrencies is banned. In others like the US, it is permitted.
Cryptocurrencies are still a risky asset to invest in; investors should undertake extensive due diligence before investing.