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Topic: Do you think that crypto exchanges are dead? - page 2. (Read 1340 times)

legendary
Activity: 3248
Merit: 1179
Seems like you can add Cryptopia to the list of dead exchanges after the recent hack. Incidents like this make the entire crypto scene appear in a really bad light.

They are not dead yet, estimated amount taken is between 3 and 13 million dollars, by some news and social medias. Maybe they will recover from this hack and continue to work. Even thou some exchanges were hacked for much more money they recovered from that and they are still active. We will see what will happen with this, there is nothing new for days about them, community just passed over that like it`s nothing or its seems like that.
And some other exchanges are spreading their businesses over the seas, growing making more money, how they can be dead when on one dead exchange 10 new comes out. Look around and you will see what am I talking about.
hero member
Activity: 1274
Merit: 646
Seems like you can add Cryptopia to the list of dead exchanges after the recent hack. Incidents like this make the entire crypto scene appear in a really bad light.
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
Rumours of our death have been greatly exaggerated as to paraphrase Mark Twain.
But it might be so (like it is in Japan already according to the news) that once regulated, most of the cryptocurrency exchanges with license might now be allowed to sell specific categories of cryptocurrencies. For now, in most countries, there are no such limitations.
hero member
Activity: 1148
Merit: 528
I am just curious to know what makes OP thinks that crypto exchanges are dead ?
As long as there are cryptocurrencies, there will continue to be exchanges for you to trade or exchange cryptocurrencies. So since there are still cryptocurrency, then exchanges are not dead.

Unless you mean the new exchanges, cause they are usually the ones that faces problems. Innovation and creativity is always fading out in the crypto space, most of what you see these days are just copy and paste, you will hardly see anything that is unique (that’s if there is any).
full member
Activity: 1190
Merit: 100
No no I don't think so that the cryptocurrency exchanges are in dead but I assure that some decentralised exchanges which having less security would be dead.
full member
Activity: 476
Merit: 101
Small crypto exchanges are dead by now so don't you guys support any upcoming small exchanges that are unheard of. Those Huge and semi-exchanges are still there and they are tested by difficult times like Cryptopia, Hitbtc, Bitfinex and Binance. As long as bitcoin and other altcoins are there, these exchanges will live continuously.
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
Many cryptocurrency exchanges and projects related to crypto had been banned from advertising by major companies like google, yahoo or facebook. It is hard to grow, if you cannot promote yourself.
sr. member
Activity: 924
Merit: 255
I think centralized popular crypto exchanges never die but some unfamiliar, unpopular decentralized exchanges will die because of their less security and popularity.
And the popularity of the crypto market depends on the interests of many people, I think the famous ones will slowly die if crypto really cannot be legal, related to lawlessness or anything that continues to show negative side about crypto, well and crypto would still survive if there are still many interests in it, this is like trying to predict something uncertain and we have a hope for it.
sr. member
Activity: 1792
Merit: 264
www.licx.io
I use a few dozen exchanges, but none of them do not store most of the my tokens.I use them evenly. Most of the new exchanges I use only to exchange some rare token.
precisely the new exchange is still little visited by traders and cannot be used globally because of the limitations that can be provided by existing exchange service sites. besides that, each exchange certainly has its own advantages and disadvantages so not all crypto users are able to use it because they have the right to choose which exchange will be used as an exchange site that is safe to use
member
Activity: 169
Merit: 10
Quote
Some of them has even turned to scams, that’s why you should avoid the majority of them and stick to those exchanges that are well and has good reputation.
yes, there are many exchanges that have long been operating into a scam project, they only harm their customers, as recently happened to bitebtc.
legendary
Activity: 2100
Merit: 1058
Yup a majority of these exchanges are dead, like seriously dead. They just show you what’s not true (false information) and they keep on pretending like nothing is wrong with them, when there is something seriously wrong.

Some of them has even turned to scams, that’s why you should avoid the majority of them and stick to those exchanges that are well and has good reputation. Use bigger exchanges like Coinbase, Binance, huobi. These are the ones I’m quite sure of, and I think Bitfinex too is a good one.
member
Activity: 554
Merit: 10
I do not fix with a single exchange as keeping on exploring the genuine transaction based exchanged we can figure out various price variations and that calculation analysis brings more profits for traders. It is not simply buying and selling but even choosing a right exchange to make the transactions.
sr. member
Activity: 784
Merit: 255
I use a few dozen exchanges, but none of them do not store most of the my tokens.I use them evenly. Most of the new exchanges I use only to exchange some rare token.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
That’s not a new thing, we all know that majority of them are dead. Lots of these exchanges fake their trading value and I’m just discovering recently.

So lots of them are not what they seem to be, they just paint themselves to look good in front of their investors, there is no truth. So some of them are a big failure and they are dead already. But despite all that, there are still a lot of exchanges doing just fine. That’s why I avoid nee exchanges.
When using up exchangers it do always end up on users end on how they would select which one they would gonna use.There are lots of choices and why would stick up to shady ones than on selecting the most reputable and popular ones? Crypto exchangers aren't dead even though lots of them do fail to get marketshare but basing on the number of exchangers as of now.It is just enough to sustain the demand.
jr. member
Activity: 1232
Merit: 1
I think centralized popular crypto exchanges never die but some unfamiliar, unpopular decentralized exchanges will die because of their less security and popularity.
hero member
Activity: 980
Merit: 506
That’s not a new thing, we all know that majority of them are dead. Lots of these exchanges fake their trading value and I’m just discovering recently.

So lots of them are not what they seem to be, they just paint themselves to look good in front of their investors, there is no truth. So some of them are a big failure and they are dead already. But despite all that, there are still a lot of exchanges doing just fine. That’s why I avoid nee exchanges.
newbie
Activity: 17
Merit: 2
Crypto-currencies in general are not dead and they still have a future. But their adoption will not be as fast and important as most fervent supporters of cryptocurrencies thought.

It will stay, last and play a role in the ecosystem.
full member
Activity: 938
Merit: 105
Which exchanges are you referring to exactly ,cause I’m very sure that most of the exchanges I know doesn’t have these problems you have mentioned. Unless you are referring to need exchanges, cause they are mainly the ones that suffer this issue of lack of funds. That’s also one of the reasons why you should avoid majority of them. When they don’t get enough funds to run the exchange they will close up and you might get a refund.
We can't deny the fact that there are some lazy exchanges, lack of support to their costumer's issues and probably some of them are having shady behavior. So that they can say that crypto exchanges are dead, but if you search here in the forum there's a lot of exchanges company that reputed one. So, if we go in trading choose a better exchange to avoid possible trouble near in the future especially in withdrawal fund that most likely common problem.
member
Activity: 462
Merit: 10
no i don't think so. i think this is the turning point of next rising. people were afraid about crypto currency because most countries make rules about it. there fore people were thinking about dead of crypto. but this technology is awesome and we will not be able to live except those. most of the companies and associations are going to accepts to crypto currencies. by today people are tend to invest in crypto again. price of the bitcoin are also rising slowly. it will show i peek of price again in near future.
sr. member
Activity: 496
Merit: 254
Which exchanges are you referring to exactly ,cause I’m very sure that most of the exchanges I know doesn’t have these problems you have mentioned. Unless you are referring to need exchanges, cause they are mainly the ones that suffer this issue of lack of funds. That’s also one of the reasons why you should avoid majority of them. When they don’t get enough funds to run the exchange they will close up and you might get a refund.
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