Topic: New Exchanges Are Coming? But It is OK? - page 3. (Read 2629 times)
It is good to have more exchanges, healthy competition is always good and can help in price reduction.
Even though the volume is separate, but if the new exchange still has a small volume, the price of the coins is not very influential. After all, most bitcoin holders will only trade in the old and large exchange. Exchanges that have large volumes will benefit faster than new exchanges that have small volumes.
This is good many exchanges are coming this means many users would really love to and interested to use. Also, this attracts other people in crypto to join and invest since having a new exchanges makes people interested in crypto.
I think with many new platforms will appear. It will compete for development. and of course when this platform is prominent and has many advantages, it will attract investment attention. Therefore, more and more daily exchanges will help the market grow.
as long as a new exchange appears, and they do not provide a unique feature, then the exchange will only be an ICO coin registrar who has just finished holding an ICO
they will not be able to compete with Binance or Bittrex who already have customers and also greater income to destroy marketing strategies
they will not be able to compete with Binance or Bittrex who already have customers and also greater income to destroy marketing strategies
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 good that so many exchanges are coming up, which I believe will help some projects to get listed and avoid the huge amount paid to top exchanges. This does not rule out the fact some of this new exchanges are just up for their selfish interest.
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?
I think nothing is wrong with the amount of cryptocurrency at the exchanges. For each coin will be a buyer. Same thing with exchange platforms too. Those ones that are not in demand will disappear from the market fast.
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?
This is OK. New exchanges can't affect to price.
Traders choose "big old" exchanges. New exchanges are not 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?
The coming of new exchanges is providing us with more options to trade our assets onto, but the problem with the coming of a lot of exchanges is that they are making it more confusing for an average consumer to make an account as there are many tokens that are listed on only a few exchanges, so this makes it difficult to trade new coins for people as they have to make accounts on more than one exchange to trade those tokens. There should be a central body to govern all these exchanges.
I think we have enough amount of exchanges, and there is no need to another regular excgange.
Need to wait when we step to next gen decentralized exchange, which works more faster
Need to wait when we step to next gen decentralized exchange, which works more faster
the more ICO projects the platform is an exchanger, it is indeed not easy. they need a long time to make their platform run smoothly. therefore we cannot blame or assume that a new exchanger project is not good
With every thing if more then it is good for the market to free from monopoly and if many exchanges in countries like for every country if exchange is available so people have no problem of language and they could feel comfortable With ADAB exchange the people of Islamic countries will make a happily entry into crypto and this exchange will be the successful exchange in the Islamic countries so i wish that it will expand in though out the world.
More exchanges leads to competition of trying to be the best exchange same thing to the coins in the markets so to my own opinion there should be a common rule guiding them to enable users to make good use and not being victims of scams.
It cannot be blamed for subjective freedom, I understand well this year, but if next year continues it will make it unclear because crypto users are still small and the volume in each market will not develop well.
But in the end those who make conclusions are investors and traders, they will return to popular markets and do not want to try markets that they consider not prospective. I still think that a large number of markets still make the ecosystem look healthy because sometimes popular markets have policies that are controversial or even corrupt.
But in the end those who make conclusions are investors and traders, they will return to popular markets and do not want to try markets that they consider not prospective. I still think that a large number of markets still make the ecosystem look healthy because sometimes popular markets have policies that are controversial or even corrupt.
in my opinion this is very good. because of the many crypto currency exchanges. it shows very high crypto growth. besides, if crypto exchanges are everywhere, crypto users don't have to worry about using their crypto. for the volume must have an effect on the price. but it doesn't matter.
I think those new exchanges are not very attractive and don`t have too much potential to swipe the volumes which would really affect the market in general. So it is not too relevant in my opinion.
Let there be a new exchange, because ultimately natural selection will answer. That is, if the market does not respond, of course it will eventually die on its own. Competition is not something that needs to be feared, because it becomes a necessity. Who survives is what the market responds to positively.
I don't really like this system. There are hundreds of exchange in the market and every one of them has different rules and fees. And also some of them has really stupid rules! The system make you use multiple exchanges because every exchange has different token. I wish that every exchange has ever coin so we can use it easily. I am using more than 10 exchange now and it is very complicated. Different passwords and codes and mails. Too much time wasting! Poff!
Haven't you realize that the more crypto exchanges to choose from, the easier to trade your crypto assets? It also make the competition of cryptomarkets good as they are trying to have features that others don't have and transaction fees will also goes down too.
More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.
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?
I think its OK because they creating competition. They will offering security and lower fee and fast execution. Its good for cryptomarket because more people will join in this market
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