Topic: The future of cryptocurrency exchanges - page 4. (Read 663 times)
It's obvious that the entry of large and reputed platforms would impact on centralized exchanges. In the future I think many people will move to decentralized exchanges, once they manage to be more user-friendly, and the ones who stay on centralized exchanges will look for the more secure and reputed ones.
The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?
1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?
1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?
1. There will be a change from Nasdaq or other exchange because it means, they can trade stocks with the cryptocurrency.
2. I don't think that only "small traders" will trade on cryptocurrency exchange because once the stock exchange opens their channel for the cryptocurrency, then it means, we have many new investors from the stock, and it could make cryptocurrency trading will grow more.
3. The largest cryptocurrency exchange will have a better position than now but don't forget the small exchange will rise too because, in that time, they can accepting a new member that comes to their site.
4. That is my thought
I am not a professional trader or have much knowledge about trading and I only ordinary person who was trying to make a profit from crypto trading
If exchanges are secured and does provide the good trade experience to the users then definitely it will have a huge trade volumes in coming time as market will just grow in size as the time passes and with few new countries start to legalize the crypto people will join such well reputed exchanges for their trading and investing purpose.
Currently Binance is the biggest exchange in volume and trading in crypto world. When Nasdaq will come it will bring in more volume and we will have a very healthy competition between the exchanges. Overall Bitcoin exchanges will be the most profitable business in the future.
No doubt with Binance exchange they are good in service and less customer complaint, traders are looking for the high volume exchange that gives high profit. Yes, you are right but building a new exchange is not that just easy, there's a lot of exchanges out there they are all competitors so if you are new in business it is hard to build trust from the investors. Some exchangers die and have big problems.
everyone must know cryptopia with a hacker case, then a new case is liqui.
I am afraid this affects other exchanges, and this is a bad sign for crypto trading.
everyone must know cryptopia with a hacker case, then a new case is liqui.
I am afraid this affects other exchanges, and this is a bad sign for crypto trading.
This may affect other exchange because people will rattle after hearing those hacking incedents but you must not panic just like them because panicking is not a good attitude . instead the best thing to do is keep calm and continue what you were doing .
you may also add extra security to your account like activating you 2fa and adding a secure password that are harder to crack .
Im sure exchanges will also do their thing . they also upgrading their security .
4)Your thought?
well, let's look at the current state of the exchanges:
- Few exchanges have physical office and phone numbers, so if they froze your bitcoin, you can only have the patience and wait days, weeks and months for the support to respond and help you
- Has poor support
- They are targets of hackers
Imagine if appear exchanges that are better?
I see the future seriously bright of Crypto. I know it’s terrible right now, but the future is for sure bright and that obviously answers about the Crypto exchange too. But of course, we need to make sure we stay with multiple options instead of one.
I like to keep myself aware through all Top Cryptocurrency Exchange, which I feel could be very helpful for me in multiple ways to bring the rewards everyone desires to achieve.
I like to keep myself aware through all Top Cryptocurrency Exchange, which I feel could be very helpful for me in multiple ways to bring the rewards everyone desires to achieve.
I'm not very professional and knowledgeable if this will go into reality but it's Nasdaq and people will trust it more than any other exchange that they have been hearing out in the crypto space.
Investors and potential traders in the future will have the confidence that their money are safe and sound through Nasdaq. The current big exchange as of the moment shall remain and will compete with these established ones in the future.
Investors and potential traders in the future will have the confidence that their money are safe and sound through Nasdaq. The current big exchange as of the moment shall remain and will compete with these established ones in the future.
Currently Binance is the biggest exchange in volume and trading in crypto world. When Nasdaq will come it will bring in more volume and we will have a very healthy competition between the exchanges. Overall Bitcoin exchanges will be the most profitable business in the future.
The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?
1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?
1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?
My perspective is that asking this question is like asking what will happen to dedicated forums when networking giants like Facebook take over... There will just be more options. If the process gets too centralized or restrictive or whatever, then new products will sprout up to fill the niche and satisfy market demands. Moreover, biggest traders have need to trade on Nasdaq's desk as well as in the shadows. You should look up "The Panama Papers" on wikileaks. All we are seeing is the "IPO" of the industry.
The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?
1)Nothing will change?
1)Nothing will change?
I think it short term, it can open up the market to Wall Street guys that will push the price higher. What makes me worried is that it may bring a lot of manipulation in the long run.
2)Only "small traders" will trade on cryptocurrency exchanges"
No, even average Joe's will try it, believed me, everyone here is trying to make money. So everyone is free to enter whales or casual investors.
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
Binance has set the bar high, if they want to compete with the best, they should offer better service.
Some exchangers die and have big problems.
everyone must know cryptopia with a hacker case, then a new case is liqui.
I am afraid this affects other exchanges, and this is a bad sign for crypto trading.
everyone must know cryptopia with a hacker case, then a new case is liqui.
I am afraid this affects other exchanges, and this is a bad sign for crypto trading.
I think the cryptocurrency exchange is still running even though they have few transactions. there may be some truth if a new exchange appears to have little effect on many transactions that occur in the old exchange market. With the increase in cryptocurrency prices, especially Bitcoin, it will probably make cryptocurrency exchanges go up.
Many new exchanges are present and provide better services but the market response is weak, trading volume is still small.
I hope that the more exchanges, the greater the number of transactions and the greater the velocity of money.
I hope that the more exchanges, the greater the number of transactions and the greater the velocity of money.
Obviously, we are in a bear market, that's why the response is very weak so there's no surprises in that line.
At the same time, new exchanges keep popping out from nowhere, and it doesn’t make any sense. The competition is getting too much and only the big old exchanges are taking the lead, new exchanges can’t even compete and majority of them ends up along the way. I think these new exchanges will just continue to die off, cause no one is showing interest in them, not when there are exchanges like Binance and everyone is scrambling for an opportunity to sign up for it. The bigger exchanges will continue to take the lead. All these new ones are going no where.
I speculate that lots of people keeps developing exchanges to make money as a business, or to blatantly scam traders and investors. No wonder we haven't seen something new to challenges those trusted exchanges like Binance as of the moment, because traders prefer exchanges that has a reputation already. And for those new exchanges, they need to come up with a good marketing strategy to even break into the top 10.
Having more options is always a good thing to have and when big platforms are entering into crypto space is always good for the sake of promoting cryptos to rest of people. Yes, the purpose and applications of having these new exchanges is least in my view. But, having market giants in crypto space is always a good thing.
At the same time, new exchanges keep popping out from nowhere, and it doesn’t make any sense. The competition is getting too much and only the big old exchanges are taking the lead, new exchanges can’t even compete and majority of them ends up along the way. I think these new exchanges will just continue to die off, cause no one is showing interest in them, not when there are exchanges like Binance and everyone is scrambling for an opportunity to sign up for it. The bigger exchanges will continue to take the lead. All these new ones are going no where.
At the same time, new exchanges keep popping out from nowhere, and it doesn’t make any sense. The competition is getting too much and only the big old exchanges are taking the lead, new exchanges can’t even compete and majority of them ends up along the way. I think these new exchanges will just continue to die off, cause no one is showing interest in them, not when there are exchanges like Binance and everyone is scrambling for an opportunity to sign up for it. The bigger exchanges will continue to take the lead. All these new ones are going no where.
Many new exchanges are present and provide better services but the market response is weak, trading volume is still small.
I hope that the more exchanges, the greater the number of transactions and the greater the velocity of money.
I hope that the more exchanges, the greater the number of transactions and the greater the velocity of money.
I'm not very professional and knowledgeable if this will go into reality but it's Nasdaq and people will trust it more than any other exchange that they have been hearing out in the crypto space.
Investors and potential traders in the future will have the confidence that their money are safe and sound through Nasdaq. The current big exchange as of the moment shall remain and will compete with these established ones in the future.
Investors and potential traders in the future will have the confidence that their money are safe and sound through Nasdaq. The current big exchange as of the moment shall remain and will compete with these established ones in the future.
My thought is that it is going to trend like everything else. Consider Facebook, Instagram, telegram, bitcointalk.org etc... There are still myriad social media platforms with a myriad of specialized purposes. There are going to be market leaders, and channels that better suit the needs of the masses, but that doesn't mean total and complete homogenization. If it gets 'too mainstream' other products will come on to the market to make accomodations (which we are even seeing now before centralized finance like you are talking about has really entered the arena).
The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?
1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?
1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?
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