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Topic: Too many exchanges? - page 15. (Read 21343 times)

sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
February 27, 2019, 08:57:54 AM
while the number of exchangers that exist is not a problem that is actually harmful, why? because with many exchangers we can choose to trade crypto currencies on the best exchangers by comparing the advantages and disadvantages of some of these exchangers.
In addition to that, it will benefit us as a trader, why ? because there will be a competition on transaction fees they are getting, it would result to less and less transaction fees to attract more traders. It should not be a problem in the future since there will be incoming coins in the market, what should we focus now is how to have an enough investor to run the market.
newbie
Activity: 123
Merit: 0
February 27, 2019, 08:36:47 AM
More exchanges are better than zero.
full member
Activity: 714
Merit: 102
February 27, 2019, 08:32:55 AM
while the number of exchangers that exist is not a problem that is actually harmful, why? because with many exchangers we can choose to trade crypto currencies on the best exchangers by comparing the advantages and disadvantages of some of these exchangers.
legendary
Activity: 1218
Merit: 1000
February 27, 2019, 02:34:55 AM
There are many exchange can be good for crypto market because each exchange also will make advertising about benefits of crypto to attrack new user. In my country there are new crypto exchange and they organize offline events to the public about advantages of blockchain and cryptocurrency, so will be more new money will come in to crypto.
besides that, I think exchanger is indeed a profitable business for now, so many people are trying to develop a project like that. however, you only need to choose an exchanger that is comfortable to use. I even use several exchangers.
full member
Activity: 1162
Merit: 101
February 27, 2019, 12:47:36 AM
You need to use several exchangers if you try to trade every day, if you are a holder, you can store on cold wallets
full member
Activity: 644
Merit: 101
February 26, 2019, 11:59:01 PM
There are many exchange can be good for crypto market because each exchange also will make advertising about benefits of crypto to attrack new user. In my country there are new crypto exchange and they organize offline events to the public about advantages of blockchain and cryptocurrency, so will be more new money will come in to crypto.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
November 09, 2018, 11:45:22 PM
There are many exchanges launching in the market but we will join their exchange according to the coins we have. There is no compulsory to join in every exchange and choose the best exchange where potential coins are listing like Binance, Upbit etc.
newbie
Activity: 80
Merit: 0
November 09, 2018, 09:42:25 PM
We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
lots of exchanges isn't this better? this can be a sign of the excitement of the crypto world, the more business people are going on, the more exchange rates that can occur if we can react well, this can be an advantage for us in the future, it all depends on how we manage is it appropriate or not.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
November 09, 2018, 06:48:52 PM
I don't think that there is too many exchanges now; to say exactly it is not too many GOOD exchanges, and having a different option because of big number of exchanges is really nice...
Even there are tons of exchanges we tend to only used few of it, its good to have option and find some difference from each other but always be careful in using them.
full member
Activity: 364
Merit: 100
November 09, 2018, 04:23:48 PM
I don't think that there is too many exchanges now; to say exactly it is not too many GOOD exchanges, and having a different option because of big number of exchanges is really nice...
sr. member
Activity: 789
Merit: 243
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 09, 2018, 03:16:41 PM
Many exchanges are not a problem. Instead, it will make the crypto world grow. But the problem is the guarantee of the customer's assets that exist at the exchange, there must be rules so that all are fair and accountable. At present there is an exchange concept that offers more benefits such as profit sharing from their fees, this is fair to investors and holders of tokens on the exchange.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
November 09, 2018, 02:07:25 PM
We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?



As of now they still creating more exchange and most of the ICO projects are now exchange and I think its because the number of investors and traders are become double so that they keep on creating exchange. In every exchange there are different volume and token so I think it is the reason why there are many exchange.
I agreed with what you said because the crypto business is a broad business and the last time I checked we have the total number of 2093 coins and token on capital market not to mention new project and coins/tokens which are to be listed. How ever, in other for crypto currency to be mainstream we need much exchange and payment system.
full member
Activity: 504
Merit: 105
November 09, 2018, 01:49:38 PM
Its very good and there are many reasons for that ,first there wouldnt be 1 or 2 bigest, so much more dificult to manipulate with price,low fees and etc only best would be alive.  
member
Activity: 232
Merit: 11
November 09, 2018, 01:42:19 PM
very unique where in the cmc list not only write about crypto coin rankings, they also write the best crypto market standings and it turns out that there are lots of them and compete with each other, I also see more new ICO projects that bring the exchange market as their strength, actually this is not well because too many markets will only divide the volume fundamentals which can actually be arranged well in some popular markets.

But I chose not to do a lot of testing and trust in only 5 markets that I considered familiar. there are many markets that are not in accordance with my capital capabilities, for example ethfinnex which requires a minimum deposit of $10k to be able to conduct trading activities, and this will not reach many traders because it only depends on exclusivity.
sr. member
Activity: 560
Merit: 250
November 09, 2018, 12:41:39 PM
lots of new projects are created and they are trying to make a place for exchanging cryptocurrency and fiat so as to make lots of exchange places in circulation, you should be careful when choosing a place of exchange because so many try to cheat new traders who have no experience choose a place of exchange.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
November 09, 2018, 12:34:13 PM
We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?



As of now they still creating more exchange and most of the ICO projects are now exchange and I think its because the number of investors and traders are become double so that they keep on creating exchange. In every exchange there are different volume and token so I think it is the reason why there are many exchange.
full member
Activity: 490
Merit: 100
November 09, 2018, 10:42:25 AM
The more the merrier. I am so happy to see so many exchanges popping up here and there. There is now a lot of competition among them as there are trying to get clients to their platform by becoming better service providers compare to the other opponents. Some are now charging low fees or nothing at all, others are now having a higher scalability and have now faster transaction completion time. While others are claiming to be hacker free thereby assuring the safety of your fund.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
November 09, 2018, 10:08:35 AM
lots of exchanges that try to be the best place of exchange so maybe you should be able to take advantage of several exchanges that have a lot of trading volume every day and have very high security. make sure you choose an exchange that is very safe and has a very high security guarantee.
This market has many new exchanges but most of them have problems with liquidity and lack of trader. This will make new exchanges no longer attractive to new investors. I personally believe that you should only trust the big deal at this time and do not trust the new exchange because the risk is very high.
hero member
Activity: 1596
Merit: 502
November 09, 2018, 09:54:07 AM
lots of exchanges that try to be the best place of exchange so maybe you should be able to take advantage of several exchanges that have a lot of trading volume every day and have very high security. make sure you choose an exchange that is very safe and has a very high security guarantee.
member
Activity: 378
Merit: 17
November 09, 2018, 09:23:28 AM
There are plenty of exchanges and many more are coming up, most of these exchanges are not fair in their dealings except a few, so it wouldn't be beneficial for the crypto community.
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