Easy-to-use DeFi protocols will become the new gatekeepers to crypto
It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into the exchange in the form of crypto, more people are beginning to realize the potential of the industry and participate in this ever-growing ecosystem.
But, crypto is commonly perceived as fundamentally intricate or lacking the proper interfaces, and whether this is right or wrong, this has been the perception for some time. To some people, the premise of digital currencies will always seem far too complicated. More recently, however, there has been an emergence of easier avenues into the crypto space for those keen to learn more.
It’s important to establish just why people should consider getting into crypto. As with the rest of the world’s industries, digitalization is revolutionizing every facet of our lives. To be able to understand it early on will help more people to comprehend the benefits of this technology in the financial world and become accustomed to a future that will likely heavily feature digital currencies.
Related: Listing frenzy! Coinbase adds nearly 100 crypto assets for trading in 2021
Because of this, making the entry points into crypto as easily accessible as possible should be an endeavor for all developers in the space to consider. But, that’s not to detract from the fact that the industry has come a long way and is continuing to prove why decentralization is the key to a fruitful financial future.
The current entry points into the digital currency industry are certainly more easily found than they were as little as a year ago. However, far more needs to be done to ensure that the existing avenues into
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