We can argue that the crypto industry is still relatively new, but what roles are exchanges playing or what are they doing to foster its adoption amidst these various challenges?
Since most individuals learn about Bitcoin and other cryptocurrencies from different crypto exchanges, crypto exchanges are crucial to the adoption of cryptocurrencies.
But it's crucial to understand that exchanges are only for buying cryptocurrency; we use crypto wallets to store our bitcoin and other cryptocurrencies after purchasing them from exchanges. Some people continue to leave their coins in the exchange wallet, which is incorrect because they will control your money instead of you if you transmit them to your wallet.