比特幣，加密貨幣和零售登機：一個新時代

隨著Altcoins獲得吸引力，比特幣可能不再是通往加密貨幣的唯一門戶，而Crypto.com獲得了衍生品的綠燈，標誌著一個成熟的市場。

Bitcoin, Crypto, and Retail Onboarding: A New Era

比特幣，加密貨幣和零售登機：一個新時代

The crypto landscape is evolving, and Bitcoin isn't always the first stop for new users. Altcoins are gaining traction, and regulatory milestones like Crypto.com's CFTC approval for derivatives signal a maturing market. It's a wild ride, so buckle up!

加密景觀正在發展，比特幣並不總是對新用戶的第一站。 AltCoins正在獲得吸引力，而Crypto.com的CFTC批准等監管里程碑則表示衍生品信號是一個成熟的市場。這是一次瘋狂的旅程，所以搭扣了！

Bitcoin's Evolving Role

比特幣不斷發展的角色

Recent surveys indicate that a significant percentage of new crypto owners are bypassing Bitcoin initially. CoinGecko's research suggests that only 55% of newcomers start with Bitcoin, and a surprising 10% have never even bought it. What gives?

最近的調查表明，很大一部分新加密所有者最初繞過比特幣。 Coingecko的研​​​​究表明，只有55％的新移民從比特幣開始，令人驚訝的10％甚至從未購買過。什麼給？

Yuqian Lim, a CoinGecko research analyst, notes that Bitcoin is becoming less of an onboarding mechanism as altcoins and their communities emerge. This shift reflects a growing crypto ecosystem where diversification is key.

Coingecko研究分析師Yuqian Lim指出，隨著Altcoins及其社區的出現，比特幣變得不再是一種入門機制。這種轉變反映了一個不斷增長的加密生態系統，其中多元化是關鍵。

The Allure of Altcoins

Altcoins的魅力

So, why are altcoins so appealing? Hank Huang, CEO of Kronos Research, points to the lower unit costs and stronger sense of community that many altcoins offer. New investors might feel priced out of Bitcoin or simply drawn to the unique narratives and cultures surrounding altcoins.

那麼，為什麼AltCoins如此吸引人？ Kronos Research的首席執行官Hank Huang指出了許多AltCoins提供的較低單位成本和更強的社區意識。新的投資者可能會感覺到比特幣的價格，或者僅僅吸引了圍繞Altcoins的獨特敘事和文化。

Kraken's general manager, Jonathon Miller, adds that investors are increasingly onboarding through sectors like DeFi and memecoins. This signifies a healthy market where access is becoming more frictionless.

克雷肯的總經理喬納森·米勒（Jonathon Miller）補充說，投資者越來越多地通過諸如Defi和Memecoins之類的部門入職。這意味著一個健康的市場，即通道變得越來越無摩擦。

Regulatory Milestones and Market Maturation

監管里程碑和市場成熟

September 26, 2025, marked a significant milestone for Crypto.com, which received approval from the CFTC for derivatives licenses in the U.S. This allows Crypto.com to offer cleared margined derivatives on cryptocurrencies, providing a more comprehensive and integrated experience for its clients.

2025年9月26日，標誌著Crypto.com的重要里程碑，在美國獲得了CFTC獲得衍生工具許可證的批准，這允許Crypto.com在加密貨幣上提供清除的邊緣衍生產品，為客戶提供更全面和綜合的體驗。

Kris Marszalek, Co-Founder and CEO of Crypto.com, emphasized the importance of these licenses in bringing regulated, leveraged derivatives to retail customers in the U.S. This move aligns with the broader trend of increased regulatory clarity and institutional adoption of crypto.

Crypto.com的聯合創始人兼首席執行官Kris Marszalek強調了這些許可證在將受監管的槓桿衍生品帶給美國零售客戶的重要性這一舉動與加密貨幣的監管清晰度和製度採用的更廣泛的趨勢相吻合。

Bitcoin's Enduring Value

比特幣的持久價值

Despite the rise of altcoins, Bitcoin's role as an anchor in many portfolios is unlikely to diminish. Tom Bruni, head of markets at Stocktwits, believes that Bitcoin will always be a key component of the crypto market. Qin En Looi, managing partner at Onigiri Capital, likens Bitcoin to gold in traditional finance, serving as a benchmark for the broader crypto market.

儘管Altcoins的興起，但比特幣在許多投資組合中作為錨點的角色不太可能減少。 Stocktwits市場負責人湯姆·布魯尼（Tom Bruni）認為，比特幣將永遠是加密市場的關鍵組成部分。 Onigiri Capital的執行合夥人Qin En Looi將比特幣與傳統金融中的黃金相提並論，是更廣泛的加密市場的基準。

Personal Musings

個人沉思

I reckon the trend of onboarding through altcoins is here to stay. Bitcoin's price can be intimidating, and the vibrant communities around altcoins are undeniably attractive. However, it's crucial for newcomers to do their research and understand the risks involved. Don't just jump on the bandwagon because your neighbor's cat is shilling a new meme coin!

我認為通過Altcoins入職的趨勢將留在這裡。比特幣的價格可能令人生畏，而且山寨幣周圍充滿活力的社區無可否認地吸引人。但是，對於新移民進行研究並了解所涉及的風險至關重要。不要只是跳上潮流，因為您的鄰居的貓正在先走新的模因硬幣！

Furthermore, regulatory approvals like Crypto.com's CFTC licenses are crucial for mainstream adoption. They provide a layer of security and legitimacy that can attract more risk-averse investors.

此外，諸如Crypto.com的CFTC許可之類的監管批准對於主流採用至關重要。它們提供了一層安全性和合法性，可以吸引更多規避風險的投資者。

Looking Ahead

展望未來

The future of crypto onboarding is likely to be diverse and multifaceted. Bitcoin will remain a cornerstone, but altcoins, DeFi, and other innovations will continue to attract new users. As the market matures and regulatory frameworks evolve, we can expect even more exciting developments in the world of crypto.

加密貨運的未來可能會多樣化和多方面。比特幣將仍然是基石，但是Altcoins，Defi和其他創新將繼續吸引新用戶。隨著市場的成熟和監管框架的發展，我們可以期望加密貨幣界更加激動人心的發展。

So, whether you're a Bitcoin maximalist or an altcoin enthusiast, remember to stay informed, stay curious, and always HODL responsibly. After all, in the crypto world, anything is possible!

因此，無論您是比特幣的最大主義者還是Altcoin的愛好者，都記得保持知情，保持好奇，並且總是負責任地hodl。畢竟，在加密世界中，一切皆有可能！