FinTech Magazine - November 2022 | Page 41

BANKING
Crypto exchanges are offering more choice Today , more hobby investors than ever before are dipping their toes into the crypto space through well-established crypto exchanges that offer advice and navigation through the tricky DeFi landscape .
Data shows there are as many as 20,268 digital currencies in existence , though currently , less than 500 of them are considered tradeable via an exchange . Crypto exchanges only trade certain types of crypto , but the spectrum is widening , which opens up a more diverse market for investors . fintechmagazine . com 41