Topic: New Startups companies (Read 738 times)

I believe in crypto startups, but when it comes to startup exchange, I'd be more careful. In most cases I stick with the tested and proven ones. The only reason to check out new exchange is when they offer a different market or listed a coin that I have and not listed in other exchanges.

Yes I give a chance and give it a try, but still putting the quality of the new exchange in consideration before trying, if you see it ugly and unfinished more likely not, what we want first is the complete and very well polished product then second is the marketing we wan't to see some good marketing on the go to make sure that not only few will use it.

To be honest, if there's a new exchange I check it and see if there's gonna be a reward program like if they have a trading contest. Also, check how fast withdrawal and deposit.

Same here man. One should take risk but educated risks and not wild risks. You need to know how to evaluate an exchange. I would prefer to use the same exchange I have been using for long because that is the best exchange from my point of view. It even conducts IEOs of crypto startups as well but those startups have great projects and since the exchange is very notorious for selecting a project, I would invest in it.

We are decentralized exchange, so the users have full control over their assets, no user information is required, no new user sign up restrictions and it is fully transparent.

I see your point of view. But it is very hard to find traders who give a chance because most of the traders nowadays are sceptical about new exchanges like our weidex platform even though we can offer them more benefits than other exchanges.

No, for new project who has reliable team. Look at the Binance exchange and this is new exchange for me instead another exchange. But, lots of users who use it and even they are aware to bet on it, I mean when newcomers come they will not have a doubt to binance cradibility. I believe this is who make the price binance continue to high and high.

There are advantages and disadvantages of popping new exchanges in crypto.

I can say the advantage is the adoption of crypto will increase because people will have more choices where they can buy crypto, then those exchange will do their best to be popular, they will do advertisements and their main target will be the people that are starting in crypto, it's positive for adoption.
The disadvantage will be a different crime will happen in cryptos, such as fraud or the exchange will become a scam, or getting hacked. That's the negative side for me if we have a lot of exchanges.

Ethereum started from start up and right now is second biggest market cap value in cryptocurrency market. I think we can trust on crypto start up because i am believe good start up offering new project with new functionality

I only give new exchanges  a chance if they list a coin that I don't find in any exchange. I remember owning raiblocks(which is now nano) and only  bitgrail is the only exchange that list that coin so I often used it. I believe that is the right strategy for a startup exchange to start getting traders/users and be known which is to find a golden gem and list it when nobody still knows about its real value.

I am sure that there are people who want to give a chance to try the exchange and I am sure that it will help the exchange to grow.
You don't have to worry about that because if we are not trying the exchange, then the other will do.
But if you want to test the site, then you need to come to that site and test to trade, so you will see if they are very good or not.

Sincerely am very skeptical trading on new exchange.. Security wise majority of them are unsafe for use and lack regulatory compliance for reading digital assets... I think we have one too many exchanges in crypto already and until mass adoption come we shouldn't be having need for more

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nobody can give any guarantees on the market. now everything is like a casino. This is if we are talking about new projects.

I would use a new exchange if it listed a token which I got from Bounty campaign in case it is not listed on the top exchanges. I would not use something new for ordinary trading.

people will give any new product a chance if they see a benefit using them rather than the old counterpart.

The problem for the new product is to prove their capability, you need timing and maybe some influencer to boost your product.

You can see like a binance for an example. They coming in the right moment, where ICO mania started also when poloniex doing some shitty things with their customer fund. It's become a great chance for bianance and they deliver, so people stick with them too.

In my country if the transaction volume reaches at least $ 100 million a month, it can be said starups, seeing the large number of exchanges with a transaction volume of more than $ 100 million, of course there are many new startups from crypto.

For me I will stick on the exchange that I will used. Because I need to be sure that my money and investment are away from loss. But I will open my mind to use and invest other exchages as long as other investors are already try it and prove that it is good and safe to use and to invest.

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