比特币，加密货币和零售登机：一个新时代

随着Altcoins获得吸引力，比特币可能不再是通往加密货币的唯一门户，而Crypto.com获得了衍生品的绿灯，标志着一个成熟的市场。

Bitcoin, Crypto, and Retail Onboarding: A New Era

比特币，加密货币和零售登机：一个新时代

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!

加密景观正在发展，比特币并不总是对新用户的第一站。 AltCoins正在获得吸引力，而Crypto.com的CFTC批准等监管里程碑则表示衍生品信号是一个成熟的市场。这是一次疯狂的旅程，所以搭扣了！

Bitcoin's Evolving Role

比特币不断发展的角色

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?

最近的调查表明，很大一部分新加密所有者最初绕过比特币。 Coingecko的研​​究表明，只有55％的新移民从比特币开始，令人惊讶的10％甚至从未购买过。什么给？

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研究分析师Yuqian Lim指出，随着Altcoins及其社区的出现，比特币变得不再是一种入门机制。这种转变反映了一个不断增长的加密生态系统，其中多元化是关键。

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.

那么，为什么AltCoins如此吸引人？ Kronos Research的首席执行官Hank Huang指出了许多AltCoins提供的较低单位成本和更强的社区意识。新的投资者可能会感觉到比特币的价格，或者仅仅吸引了围绕Altcoins的独特叙事和文化。

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.

克雷肯的总经理乔纳森·米勒（Jonathon Miller）补充说，投资者越来越多地通过诸如Defi和Memecoins之类的部门入职。这意味着一个健康的市场，即通道变得越来越无摩擦。

Regulatory Milestones and Market Maturation

监管里程碑和市场成熟

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，标志着Crypto.com的重要里程碑，在美国获得了CFTC获得衍生工具许可证的批准，这允许Crypto.com在加密货币上提供清除的边缘衍生产品，为客户提供更全面和综合的体验。

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的联合创始人兼首席执行官Kris Marszalek强调了这些许可证在将受监管的杠杆衍生品带给美国零售客户的重要性这一举动与加密货币的监管清晰度和制度采用的更广泛的趋势相吻合。

Bitcoin's Enduring Value

比特币的持久价值

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.

尽管Altcoins的兴起，但比特币在许多投资组合中作为锚点的角色不太可能减少。 Stocktwits市场负责人汤姆·布鲁尼（Tom Bruni）认为，比特币将永远是加密市场的关键组成部分。 Onigiri Capital的执行合伙人Qin En Looi将比特币与传统金融中的黄金相提并论，是更广泛的加密市场的基准。

Personal Musings

个人沉思

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!

我认为通过Altcoins入职的趋势将留在这里。比特币的价格可能令人生畏，而且山寨币周围充满活力的社区无可否认地吸引人。但是，对于新移民进行研究并了解所涉及的风险至关重要。不要只是跳上潮流，因为您的邻居的猫正在先走新的模因硬币！

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，诸如Crypto.com的CFTC许可之类的监管批准对于主流采用至关重要。它们提供了一层安全性和合法性，可以吸引更多规避风险的投资者。

Looking Ahead

展望未来

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.

加密货运的未来可能会多样化和多方面。比特币将仍然是基石，但是Altcoins，Defi和其他创新将继续吸引新用户。随着市场的成熟和监管框架的发展，我们可以期望加密货币界更加激动人心的发展。

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，无论您是比特币的最大主义者还是Altcoin的爱好者，都记得保持知情，保持好奇，并且总是负责任地hodl。毕竟，在加密世界中，一切皆有可能！