Crypto-Exchange Trends for 2020 and the Next Decade

2020: diversification, institutionals and newcomers. For next year, we’re likely to see a range of crypto-exchanges diversifying into new services and functionality. This is what’s communications officer, Peter Ivanov, tells about the UK-based exchange’s plans for 2020.

“We’ve got a few projects in scope for 2020,” he says. This includes Direct, a tool which lets websites “embed a fiat-to-crypto payment gateway” directly in their platforms, and it also includes a margin trading service based on contracts for difference, an aggregator platform for liquidity, a custody service, and an over-the-counter (OTC) trading desk for corporate customers.

Paolo Ardoino, CTO of Bitfinex, also suggests that exchanges will be increasingly diversifying in 2020.

Speaking to, he reveals that, in 2020, Bitfinex will witness the “launch of security token exchanges, prediction markets, and options on cryptocurrencies.”

Something similar could be said for the Malta-based OKEx. Its head of operations, Andy Cheung, informs that the exchange will “continue to evolve our trading services and expand our offering for customers. Our users can expect to see more listings, including initial exchange offerings on OK Jumpstart.”

On top of this, OKEx aims to launch the testnet for its proprietary blockchain, OKChain, in early 2020. The new year will also see it launch its own decentralized exchange, OKDex.

Moving away from, Bitfinex and OKEx, it’s clear that other exchanges are diversifying. Binance is launching an open blockchain development platform called Venus, while they have already launched their futures platform.

Likewise, Huobi is set to launch perpetual contracts (a type of futures contract) in Q1 2020, while inside sources within Coinbase have suggested that the exchange is in talks to launch its own insurance company. Elsewhere, Bithumb will launch an ‘exchange-as-a-service’ platform by the end of Q1 2020.

For the most part, such diversification will be part of an attempt to offer a range of trading options that will attract institutional investors and corporate clients, the kind which generally bring the bigger bucks.

Both Ardoino and Cheung expect that more institutional investors will be joining exchanges in 2020.

“If we are to achieve our aim of greater levels of adoption in crypto we need more institutional investors entering the space,” according to Ardoino.

Crypto-Exchange Trends for 2020 and the Next Decade
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