Topic: More Exchanges Keep coming up( benefits or loss) - page 4. (Read 742 times)
Creating an exchange is also another way of money laundering for fraudsters. I know cases when the exchange was a scam and was stealing the money of their clients. Therefore, it is necessary to be careful with all the new exchanges.
The more exchanges are a sign that more people are interested in crypto. this is getting better because competition will have a good impact on the services of an exchange.
of course security is a major issue.
of course security is a major issue.
We already have a lot of exchanges to choose from, and whether you’re a new exchange or the top exchange you are still prone from the hackers, even Binance got hacked. Yeah, many opportunities for a coin to be listed but if you put that coin into low volume exchange, then its still useless. I know a lot of coin that list on low volume exchanges and until now they have zero volume of trade.
As more tokens keep coming into the market, it is assumed that more cyptocurrency exchanges will raise. this, we all know have a risk effect which is that hackers are empowered to try their luck especially on vulnerable ones. The good side is that more tokens has the oportunity of getting listed on exchanges.
example; NCHT( nano healthcare) project just got listed on etherbase exchange.
example; NCHT( nano healthcare) project just got listed on etherbase exchange.
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