Over the past year or year and a half, a considerable number of cryptocurrency exchanges and platforms have opened. They are all highly ambitious and fast-paced, offering welcome bonuses of 15 to 30 USDT in the local currency of the countries they serve to attract a large number of customers. Their goals and slogans are clear: "We run the best gambling game," "We have the lowest trading commissions."

They even offer multiple gift certificates, each worth 100 USDT, valid for all types of futures and leveraged trading, to those who open accounts with 5000 USDT or more.

They boast about their achievements, adding a few urban legends to these claims and spending heavily on promotion and advertising to gain, or even exceed, their share of the crypto market.

Actually, this situation doesn't bode well. On the contrary, it will harm the crypto market in the long run, and may even deter investors from investing in crypto altogether. AND THIS NEEDS TO BE PREVENTED.

How?

1- These cryptocurrency exchange platforms, which are multiplying like mushrooms, need to go bankrupt.
2- MOST IMPORTANTLY, TO SPEED UP THE BANKRUPTCY PROCESS OF THESE TYPES OF CRYPTO CURRENCY EXCHANGE PLATFORMS, THEIR OWN BANKRUPTCY NEEDS TO BE ACCELERATED...!

The absence of a potential surge in altcoins (ALTCOIN SEASON) in the medium to long term seems to make this possible. FOR NOW...!

This content does not constitute investment advice. Please conduct your own investment research. (DYOR)

Thank you for reading.