A recent study, titled “Crypto Asset Market Coverage Initiation: Trading and Custody”, is an enthusiastic prediction for the crypto trade in the upcoming year. The report discovered that in the year 2019, the trading volumes will increase by 50% and will exceed U.S. corporate debt trading in 2018 and it is likely to reach 10% of the US Equity Trading Volume. According to the study, large fees on the exchanges will also come with the expansion of the market.
The study states that:
“We estimate the exchange trading fee increase of 50% + this year, from $ 2.1 billion last year to $ 3 billion in 2018.”
The exchanges brought in $ 2.1 billion in revenues last year, and expected more than $ 3 billion in 2019.
The 14-page report also compared the fees and rates across the top exchanges, as well as their trading volume.
It has been recommended in the report that decentralized exchanges are 5 or 10 years away from becoming competitive with their centralized counterparts. Proper numbers are difficult to predict and are dependent on various factors. Nevertheless, the study is excited about the fundamental principles of space as well as institutional interests.
As the study’s conclusion pointed out:
“Despite the long bear market, the investment in the ground level foundation is continuing.
Understanding the fundamental principles of the market, regulatory certainty increased in the US and overseas, and fiscal policies that continue to make alternative assets more attractive, the crypto market ’s underlying infrastructure is continuing its expansion.”