Topic: New Exchanges Are Coming? But It is OK? - page 11. (Read 2629 times)
New cryptocurrency exchange joining the cryptocurrency business won't have much effect on the market price if those exchange site are actually from the countries that already have some operating exchange already but if the new exchanges site are from countries which is yet to have their own exchanges it will definitely have some impact in the market price cause the exchange will literally evangelize cryptocurrency and it will also improve trading scheme by create competition between cryptocurrency exchange site by creating low trading fee, depositing or withdrawing fee charged by some exchange site.
more competition, it would be better also service that will exist
the community can get more choices, it may be true, if the volume is still small, the effect on the market price of coins is not so great
but, everything will grow in time
Yes i think it would be great to see a competitive market and hopefully could increase the kinds of services we could choose from, but more importantly is the security of one exchanges we wpuld like to choose, or over all ots quality of service we can avail in an exchange. the community can get more choices, it may be true, if the volume is still small, the effect on the market price of coins is not so great
but, everything will grow in time
I think its great thing.about the number of new exchangers.I hope every exchanger can really maintain the security of its users .Especially any data from hacker.
I think it's a good thing. Usually more competition means better service. While also giving the user lots of different options and so that they won't be stuck with a monopoly exchange company. New exchanges are usually small at the start/ Smaller exchanges also have lower fees so I like that about them.
I like smaller exchanges for newer and smaller altcoins. The more exchanges the better it is for me as I can spread out my coins into different accounts. More of a security thing and anything else for me. But of course I could just get hardware wallet but I choose not to. It's up to you. I would do some research on the exchange first before indulging into it right away.
more competition, it would be better also service that will exist
the community can get more choices, it may be true, if the volume is still small, the effect on the market price of coins is not so great
but, everything will grow in time
the community can get more choices, it may be true, if the volume is still small, the effect on the market price of coins is not so great
but, everything will grow in time
I think its ok and its great to have more exchanges, who knows the site can promote better than other exchanges and attract more people to invest in crypto, as long as the new site got a good security and serious about creating a good and legit site, then I think its okay, and new exchanges won't affecting the price
For as long as these exchanges are correctly registered and jave complied to the requirements of their respective countries, it's all good. I don't see any reason why volume distribution acriss platforms is a bad thing. If anything, it contributes to the decentralization and further prevent a Gox 2.0 from happening, among other reasons. It is actually great that more of these exchanges pop up; I just hope that they are correctly registered so as not to have further complications which may affect people in the end.
in my opinion the price will have an effect because of the many coins that appear every day and this makes the price becomes down and up is uncertain so it is difficult to read the movement of coin.
I think it's great that many new bourses are emerging, because we ourselves also know that now too many coins are popping up, so it can accommodate the coins that come.
if more new exchange in my opinion the better and we get a lot of exchange options, but must be careful to choose the new exchange because a lot of new exchange a scam, I prefer the exchange that is old and already has a good reputation such as poleniex, binance etc.
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
For me its good to have many exchanging sites to choose from. We will just choose from them wisely. We must make sure our transaction is at its safiest 
More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.
I agree, it will matter only on the security and also their transaction fee. The number of of exchanges doesn't affect the price of crypto but rather affects the transaction fee. The demand of the exchange is the competition. Just like the normal market if there's a competition they will lower the price or have a promo. 
I have no problem about the number of new Exchangers. I just hope every exchanger can really maintain the security of its users. Especially keep any data from Hacker.
Id say keep an eye on DEX such as bitshares - privacy will be the big thing as we make the move mainstream
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
it is not a problem with the addition of new exchange I think it will be good for the development of crypto, so altcoin is increasingly easy to be traded and there is no constraint 
As long as they aren't scam, its fine and that is competition thats becoming tough these days.
Competition between centralized and decentralized exchanges are becoming of a trend because of too many new exchanges are coming to the market.
Worried about the division of volume? then who have most will win and traders will jump on it.
Competition between centralized and decentralized exchanges are becoming of a trend because of too many new exchanges are coming to the market.
Worried about the division of volume? then who have most will win and traders will jump on it.
I think it will be fine, although more and more new exchange is popping up, maybe this way the price of all cryptocurrency will crawl up and stable .. !!!
Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
In my point of view, it is not ok. It is better to have a fewer number of exchanges because the flow of crypto will be much easier to predict. However, the good side of this is that the chances of the exchanges being hacked is slimmer. Nevertheless, I have never traded on any exchanges in this year so thanks for the update! 
100s of exchanges and 100s of different and stupid rules. For example HitBTC. They have really strange rules(!) I lost nearly $50 with my coins. For all markets you have to trade 10s and 100s, and your small amount of coins is their now.. This is not fair, there should be some rules and all the exchanges should accept it..
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