Small cryptocurrency exchanges are struggling due to the overwhelming disparity in market share among exchanges and strict regulatory compliance. According to CoinGecko, Upbit and Bithumb together monopolize over 97% of the market, leaving small exchanges with little room for growth. As regulations become increasingly strict, small exchanges are finding it difficult to keep up with compliance and improve services, with some fearing that all but the top exchanges will eventually disappear.
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Auto-posted at: 2025-03-20 21:02:12