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Topic: Are all exchange going to Alive in near future? (Read 580 times)

member
Activity: 462
Merit: 19
Nothing can kill centralized exchange as far as coins and tokens are still alive, many more exchanges will come around and the better exchanges among them will beat the old exchanges, all this are so normal, if we have more exchanges it won't affect anything compared to having more new coins when many are rubbish projects
hero member
Activity: 2926
Merit: 567
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

Absolutely they are still going to exist, they are an integral part of the industry, any investment and trading industry needs exchange for the community, they are going to stay and we will see many new projects about an exchange, but not all of them will succeed, only those who had the tech and the money can stay in the competition.
legendary
Activity: 1106
Merit: 1000
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

Not all exchange working fairly regarding volume and liquidity.
The current exchange business model is combined with shitICO/IEO which just looking for profitable without credibility, it is only a matter of time when they will shutdown and take the profit.

Always DYOR when you choose an exchange.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
As long as the exchange are still operating, they can be considered alive but there is a big difference between alive and profitable exchange, and I believe only few of the exchanges are profitable compared to the number of exchanges. you can clearly see than in the list https://coinmarketcap.com/rankings/exchanges/, there are only few who have a good volume and its also not guaranteed that those exchanges who have a big volume are not telling its real volume.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long

same here .  i only recognize a few but why would you try to use others or many more exchange when others are just crappy and faulty  ?  better if we can only stick to one or two because they already got what we need  .  however even the top exchanges are also not perfect    . some complaints arises on the past that exchanges like binance having a fake volume and liquidity   . a complaint also about bad coins listing and stuffs like that , etc  but still it isnt alarming at all  .
We dont really need lots of exchangers and as said 2 or 3 would really be enough but come to think that there were lots of different markets
not only a single platform would able to launched up and also there are regulations needed to be complied on said exchange.

Also, lots of investors will surely consider on building an exchange.Why? because this one is a profitable business.We saw the demand and thats why
its impossible to think that we would only have a few.
full member
Activity: 1750
Merit: 118
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long

same here .  i only recognize a few but why would you try to use others or many more exchange when others are just crappy and faulty  ?  better if we can only stick to one or two because they already got what we need  .  however even the top exchanges are also not perfect    . some complaints arises on the past that exchanges like binance having a fake volume and liquidity   . a complaint also about bad coins listing and stuffs like that , etc  but still it isnt alarming at all  .
member
Activity: 476
Merit: 22
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
The exchange serves users. If it does not have real users and changes the price at will, it will eventually fail. So an exchange can survive for a long time, you must check how many users it has.
legendary
Activity: 3094
Merit: 1127
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
You cant expect to have that more volume and liquidity considering on all the number of current exchangers as of this moment.If you do try to count the number of people who do make use of exchangers and
the numbers of the platforms then i would say that its already too much.It doesnt really need nor necessary to have lots of it yet even a few numbers lets say 5-8 exchangers would be enough imho but
people wont really stop on making one yet they do know on how profitable it would be on having an exchange specially if it do able to succeed on getting some users.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
Over 10 year old exchange with over 1.3 million users shutting down on January 6, 2020
https://www.virwox.com/news_archive.php
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
of course when cryptocurrency develops rapidly, the number of exchanges will increase. but only exchanges that have a reputation, trading volume, have high liquidity and are well-known that investors can trust and survive in cryptocurrency. many exchanges I think are not a problem as long as we can choose the right exchange and avoid scam exchanges.
The number of exchange will increase in the future indeed, but we cannot avoid the fact some of it are closing to the point of low volume and lack of users. Many things could happen in the future so as a user and a trader we must choose the best exchange that we could have get benefits of. Even many exchanges will exists our own right to assess it.

We already see some of them closing down and high probabilities that other exchange will follow since there are so many exchange  got low volume and for that case maybe in future they will officially shut off and also it's not a surprise to see those new exchange comes since it's expected already and hopefully there is one that can compete binance so that there will be exciting things to watch for.
sr. member
Activity: 2030
Merit: 269
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

It's understandable exchange and Cryptocurrency business is a multi billion dollar business, and every one wants to have a project in this industry, we have so many new coins, sop many exchanges already, go to the the announcement section and the bounty section and see the many new project creating an announcement, they are still creating even if majority of investors are now ignoring them.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
I hope all exchanger will be going alive soon in the future if investors and traders will back in cryptocurrency, Because trading is not profitable and thats the point so many of traders leave in crypto and afraid to put money again in trading.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
To be honest, we don't need these tons of exchange sites where in fact only few are doing fairly good in terms of liquidity and credibility. And with that, only few will survive and we can actually predict some of it now, moreover they will develop more.

I think that with the advent of DEXs, a lot of the more incompetent centralised exchanges will be wiped out as a matter of time.
Hopefully and it sucks when a CEX ask for a kyc. Wth.
hero member
Activity: 1582
Merit: 523
of course when cryptocurrency develops rapidly, the number of exchanges will increase. but only exchanges that have a reputation, trading volume, have high liquidity and are well-known that investors can trust and survive in cryptocurrency. many exchanges I think are not a problem as long as we can choose the right exchange and avoid scam exchanges.
The number of exchange will increase in the future indeed, but we cannot avoid the fact some of it are closing to the point of low volume and lack of users. Many things could happen in the future so as a user and a trader we must choose the best exchange that we could have get benefits of. Even many exchanges will exists our own right to assess it.
legendary
Activity: 2450
Merit: 1047
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

Cryptocurrency is the future, many new projects are going to come, and the competition is going to be stiff and hard, there will be a lot of purge going on along the way, so you need to educate yourself on how to trace the right project to invest, it will be easy if you arm yourself with the right knowledge to trace what projects to support and what is not.
sr. member
Activity: 938
Merit: 250
of course when cryptocurrency develops rapidly, the number of exchanges will increase. but only exchanges that have a reputation, trading volume, have high liquidity and are well-known that investors can trust and survive in cryptocurrency. many exchanges I think are not a problem as long as we can choose the right exchange and avoid scam exchanges.
sr. member
Activity: 840
Merit: 268
We don't know for sure. What's happening right now is there are some exchange that are closing because it's business, you might also get rekt. But I believe on some exchange that will still be alive in the future like binance, bittrex, okex and many more. If those exchange now will not survive this, there would still be exchange in the future. It's like a broker in forex and will forever be there.
hero member
Activity: 1274
Merit: 500
Many exchanges that were set up for the purpose of just making money from customers and never think of how to better the ecosystem will just fade away like coinexchnage and co, when they can no longer get liquidity and inability to pay staff and maintain the cost of operations.
Many other exchanges are having problems like Coinexchange and in the near future, there will be many other exchanges that will stop working because cannot create good liquidity for investors. I think some exchanges like Idax, latoken, p2pb2b will soon stop working because most of the coins listed here have low liquidity and fake trading volume is the main reason that investors Feel not interested in participating.

However, this is just my personal opinion and everything still depends on how the exchange develops but it is best to keep only big exchanges in this market.
sr. member
Activity: 504
Merit: 250
The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.

I think that with the advent of DEXs, a lot of the more incompetent centralised exchanges will be wiped out as a matter of time.

So no, there are a lot of exchanges that are completely unregulated and surviving off altcoins that have very low liquidity and a lack of markets elsewhere, creating a niche for themselves that way. Once these alts start dying, the exchanges will also die alongside them.

Don't be surprised either if DEXs become very popular in the next decade or so, and have a very detrimental impact on the popularity of platforms who don't have a decentralised exchange developed by that stage.
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