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How profitable is cryptocurrency Bitcoin Cash trading One has to be familiar with all the aspects of bitcoin trading before jumping into it in order to avoid hindrance during trading. The Best Crypto Exchanges for US Traders (2020) Cryptocurrency regulation has changed dramatically from the launch of the Bitcoin blockchain in 2009. The first cryptocurrency exchange — the now-defunct launched in 2010 BitcoinMarket. The cryptocurrency trading ecosystem has evolved from a largely unregulated “wild west” in which anybody could trade cryptocurrency without providing identity information into a highly regulated financial market overseen by KYC and AML requirements for most major exchanges. While increased oversight has made it possible for crypto exchanges to offer higher levels of security and reliability, strict regulatory requirements have established a fractured trading ecosystem in which exchange availability is divided by geographic location and jurisdiction. 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