Vugar Usi Zade, COO of Bitget, highlighted that contrary to popular belief, retail investors remain engaged in the cryptocurrency market, but have shifted from speculative trading to more practical applications. In a Cointelegraph interview, Usi Zade attributed this change to reduced risk appetite amid macroeconomic uncertainties and excess caution following the 2021 bull run. As a response, Bitget is expanding into crypto payments and utility services like Bitget Pay, aiming to align with retail usage and everyday spending. Usi Zade further emphasized the increasing importance of decentralized exchanges (DEXs), which allow users to access tokens early, suggesting that while retail investors still seek significant opportunities, they prefer non-traditional avenues. He noted a transformation in market cycles, indicating that future trends may not be purely bullish or bearish but rather consist of 'bull episodes' and 'bear episodes.' This evolution in retail behavior poses both risks and opportunities in the crypto space, prompting exchanges to adapt and reinvent their offerings.

Source 🔗