Can Crypto Exchanges Survive The Bear Market?

According to Finbold. A total of 25 crypto exchanges closed down by July 2022 during the bear market. The exchanges that shut shop were smaller and newly launched platforms that couldn’t sustain losses. Currently, there are only 500 crypto exchanges across the globe as 25 exchanges closed down in under 30 days. Under current scrutiny is one of the biggest global exchanges; Coinbase. Unlike crypto exchanges, is not an exchange nor is it’s model dependent on crypto price going up! It’s unwise to have your crypto parked at an exchange in the face of the fraud and insolvencies. That’s why it’s wiser to be sovereign with your crypto with a wallet like Crypto Bank©.