That's right, everyone will see the top exchanges for investing, even the tokens are already listed on the best exchanges, this triggers a lower level of risk compared to tokens that have not been listed on a guaranteed exchange, indeed exchanges are not the only basis for investing , but this is also an important part in determining investment, small things like this cannot be ignored, considering that no matter how small the risk, we must be able to control it properly.
It actually makes sense that most investors end up preferring reputable top exchanges. Because the risk of exchanges being scammed is very small,
after all, top exchanges usually have a high level of security. So it's safer to invest or trade on top exchanges, that's why top exchanges always have
a fairly high trading volume. If we compare it with small exchanges that do not yet have a reputation and the security system is also still low, indeed
more potential to be a scam, so many investors are hesitant to use small exchanges. But not all small exchanges are bad, but the risk of losing
money is much higher than using top exchanges. The conclusion is that it is not safe to use small exchanges to buy coins, unless the coins have
potential and have not been listed on top exchanges. That's a different story, we have no other choice and have to use small exchanges, but if the coins
we want to buy are already listed on top exchanges, of course we should prefer to use top exchanges than small exchanges.
That's what I practiced while getting to know this forum, although I've also made purchases on small exchanges that didn't have a good reputation, the potential of the top exchanges is easy enough for us to learn to analyze, considering that this exchange is quite active and crowded, let alone talking about big investors, they certainly don't want to get involved in risky small exchanges, even if we see a lot of exchanges that don't register a level of security for users, then to avoid those risks, it's best to switch to clear exchanges.
Usually top exchanges are already equipped with very complete features, so we can more easily analyze the market. Another thing I like about
top exchanges is that the number of coins listed is also very large, it gives us many choices of coins for trading or investment. Usually coins listed
on top exchanges also go through a strict selection, because it is not easy for new coins to enter top exchanges. Then most big investors prefer
to use top exchanges, because the risk of losing money is very small if they use top exchanges. We often hear of small exchanges suddenly
becoming scams, and small exchanges are easier to hack, what's scary is that some small exchanges have fake trading volume too.