The challenges currently facing cryptocurrency exchanges

Blockchain has advanced significantly in less than ten years. New cryptocurrencies have emerged, as have the fundamental components of the whole infrastructure. There is no question that this market has evolved significantly in a very short period of time. Nonetheless, considerable technological, legal, and political challenges exist that must be overcome, with the latter two being especially critical. Furthermore, while a large majority of new cryptocurrency exchanges were founded by enthusiasts, only a tiny percentage of them have the technological maturity required to keep funds secure.

There are also significant challenges in abstracting the complexities of blockchain and cryptocurrency technology and making them accessible to average people.

Finally, there aren't many convenient integrated items on the market. These products are essential because they may serve as single points of entry into the market for anyone looking to get into the realm of cryptocurrencies.