BitMart.
BitMEX.
Now CoinEx.
Seeing established crypto exchanges shut down isn't something I'd celebrate. It's actually pretty sad for the industry.
But it does make me think about one thing:
What does an exchange have to do to still be relevant five or ten years from now?
Maybe the answer is evolution.
BingX just announced its pivot toward becoming a multi-asset trading platform.
Crypto remains part of the picture, but now the idea is broader:
$BTC → Stocks → Indices → FX → Commodities → back to $BTC.
The market changes.
Maybe your platform has to change with it.