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Topic: New Exchanges Are Coming? But It is OK? - page 7. (Read 2629 times)

member
Activity: 648
Merit: 10
September 19, 2018, 12:00:46 AM
I am glad heard about new exchange is coming, but will new exchange using by ico team for listing their coin or not, many ico still delay for listing their coin on market and hope new exchange have working well with ico project.
member
Activity: 464
Merit: 10
September 18, 2018, 11:09:54 PM
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 it will not work out for trivial projects. There are a number of projects that make trading floors very fast and that will not create much credibility for many users. I think the old trading floors are better and more reliable.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 18, 2018, 11:08:20 PM
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 it is OK and it is our opportunity to make more profit because we can add our balance to every exchange and it is for the exchanges itself because they can compete to give the best services to their customer. the price will always different from one exchange to the other exchange but sometimes, the price can increase higher because there is a big volume of the transaction and that is the other benefits for the traders. the exchange's business giving a big profit for the investor but they need to have a good service to make their customer satisfaction with their work.
copper member
Activity: 172
Merit: 7
September 17, 2018, 09:27:14 PM
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?

More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.
member
Activity: 486
Merit: 27
HIRE ME FOR SMALL TASK
September 17, 2018, 08:47:28 PM
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 you should have list atleast five exchanhes that you say are coming as new crypto exchanges?  Does exchange site affect price?  Then how come?  And foremost why going to jumo into a new crypto exchange if we already have secure and legit and good functioning crypto exchanhe like, bittrex, binance, bitfinex?
sr. member
Activity: 454
Merit: 250
September 17, 2018, 08:41:51 PM
#99
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 exchanges usually do not have a large daily volume and that is not good. It's better to have fewer exchanges because crypto flows will be more predictable. However, the good side of this is the possibility of exchanges being hacked less and being careful with new exchanges because they can make a scam when their wallet is full of their users' money.
brand new
Activity: 0
Merit: 0
September 08, 2018, 07:53:21 AM
#98
MyEtherWallet

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sr. member
Activity: 616
Merit: 252
September 17, 2018, 08:28:36 PM
#98
I think it's perfectly fine. For new altcoins I would go for smaller exchanges due to the less transaction fees but some might have very low volume which might prove to be a difficulty. More exchanges mean more people will be able to use and exchange bitcoin.

Those new altcoins tend to go to small exchanges first because most likely to be listed in those exchanges, you need community votes or just  a small fee compared to those big volume exchanges. When the team has just raise enough money and not reach hardcap then they would be having a hard time being listed in those kind of exchanges. I hope the new exchanges would study the shortcomings of the existing exchanges so that they would be able to attract more users if those issues are addressed.
newbie
Activity: 5
Merit: 0
September 17, 2018, 08:23:39 PM
#97
I think it's perfectly fine. For new altcoins I would go for smaller exchanges due to the less transaction fees but some might have very low volume which might prove to be a difficulty. More exchanges mean more people will be able to use and exchange bitcoin.
newbie
Activity: 70
Merit: 0
September 01, 2018, 06:58:51 AM
#96
It is a good news because the more exchangers will the more people will frequently deal with bitcoin and also it will make our work very easy.
member
Activity: 532
Merit: 15
August 29, 2018, 03:23:38 AM
#95
More and more Exchanges will help crypto to be reachable to mass people, so, new exchanges are okay unless those try to scam.
newbie
Activity: 47
Merit: 0
August 29, 2018, 01:33:00 AM
#94
It is good news that there are a lot of exchangers are coming it means our comfort level are also increasing but the major fact in trust and work quality.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
August 28, 2018, 10:44:43 PM
#93
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 numbers of Cryptos users eg traders, gamblers etc are growing rapidly and definitely this calls for more and new exchanges to accommodate the new users however credibility and reputation of the new exchanges whose securities features must be  state of art and established under a law in that country to avoid scam.
sr. member
Activity: 706
Merit: 250
August 28, 2018, 10:10:42 PM
#92
Maybe more exchanges are coming for me it was ok atleast they are trusted and prices of the coins are worth it.
Actually they have many exchanges but too hard to use it.
jr. member
Activity: 406
Merit: 2
August 28, 2018, 09:17:44 PM
#91
can it be identified with progress? many platforms are good, the market will be more crowded because there are many choices, the price depends on the coin itself, each coin must have its own strength, competition may exist, it will show which coin is the best then the coin can survive, like btc until currently able to survive and still be the first, that's interesting, if a lot of platforms appear you don't have to panic I think that won't hurt or have a bad impact on an existing coin
hero member
Activity: 840
Merit: 502
August 28, 2018, 09:08:25 PM
#90
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 do not see what you see wrong about having many exchanges? The point of cryptocurrencies is decentralization, if we have many exchanges then we have less points of failure, and basically once that decentralized exchanges become the most popular form of exchanging our cryptocurrencies then the only weakness in the system will be when we exchange our cryptocurrencies for fiat.
full member
Activity: 476
Merit: 100
August 28, 2018, 06:54:52 PM
#89
Many new Exchanger appeared. This has become a natural thing. Because in my opinion, having an Exchanger will be very profitable. We can still profit even if we don't have cryptocurrency.
D C
newbie
Activity: 55
Merit: 0
August 28, 2018, 06:45:22 PM
#88
When NEX comes out it is game over !
newbie
Activity: 1
Merit: 0
August 27, 2018, 04:19:13 PM
#87
This really sounds like a good news to the crypto space. It will really bring competitions among various exchanges.
jr. member
Activity: 504
Merit: 5
August 28, 2018, 06:37:06 PM
#87
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 every day people gets to join the crypto world to trade and invest in other to make profits, this exchanges helps to reduce network traffic. Shave you see when a new coin is been listed on one exchange you send your coins for two or more days you did not see it in your wallet?'' thats what many exchanges helps to avoid so there will be room to make choice on were you can trade perfectly.
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