As cryptocurrencies have grown in popularity, the sheer number of exchanges to choose from is dizzying. CoinMarketCap lists over 300, but when you count in all the local exchanges, there are probably thousands.
The fact that there are still new exchanges entering the market is a testament to the scale at which the crypto markets are continuing to burgeon. A recent Crypto Radar survey of 5,000 Americans showed that while 6.2% of respondents already own some crypto, another 7.3% said they don’t but are planning to buy some. Therefore, it’s no surprise that the market can support these new exchange entrants.
Nevertheless, exchanges still have their work cut out to stay ahead of the competition. Creating a unique selling point is critical if new exchanges are to stand out from the crowd. Here are three that are doing just that, and are worth watching as we move into 2020.