Topic: New Exchanges Are Coming? But It is OK? - page 12. (Read 2629 times)
Yes ,there are so many exchanges operating niw in crypto world. I think there is no problem about it. It is much better to have many choices and it is depends on you if what exchange do you prefer to use.
I think its fine to have multiple option as it relates to exchanges but we all have to be super careful and beware of scam so we dont fall victim
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?
New exchange usually does not have a large daily volume
because they do not have many users yet
so it will not have too much effect on the price of crypto
but be careful because the new exchange can do a scam when their wallet is fully loaded by their users' money
More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.
I think it is not only cryptos exchanges are developing, also we can talk about ICO and Token Sale projects which you can invest in =, get profit and do smth good for the society. For instance, I have found a trustworthy Token Sale project. It is called Socratus. It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment, fair and transparent dealing and friendly prices. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.
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?
Jump to: