It is true that there are more exchanges this year. people might see more profits from exchange. but we must remain vigilant and must choose a safe exchange.
the more exchanges, the more fraud.
but from the other side we benefit because the more exchanges the more it supports Bitcoin to become the world currency.
Topic: Too many exchanges? - page 26. (Read 21343 times)
Crypto exchanges are increasing, judging from the positive side we are benefited because it will be easier for us to trade and the more benefits we can get from the difference in market prices.
but from the negative side more and more people are getting more worried (many exchanges are Scam).
but from the negative side more and more people are getting more worried (many exchanges are Scam).
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?
I think it's benefit is peopoe can choose a lot of exchanges with their own criteria. But negative impact maybe low volume on each market because people who trade spread into many exchanges.
The high number of exchanges will have a positive effect on the market. This is because these exchanges aim to serve but not limited to a particular region making trading of cryptocurrencies in those regions accessible. Besides, there will be competition among them which will put them on their feet so they can serve the crypto community best.
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?
That's good because everyone will have the best choice they are looking for, because all exchanges have different rules, fees and so on. and also, not all altcoins and tokens are available in one exchange. So with so many exchanges now, I think it's good and doesn't make it negative as long as the exchange is able to maintain its quality well. 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?
The only negative thing I see in this market is that, not all exchanges are worth to use, maybe people will be scammed later on if they continue to use small exchanges. Its good to have more options where to trade but don’t forget to play only in a secured exchange so your money will be safe.
Many exchanges are a welcome development for this space as helps in market competition. It makes other rival to putting customers first if they are to stay as a major players in the market.
One negative effect could be that some exchanges may just have too low liquidity, especially when the token to be trader is in other exchanges. Another pit fall is that: some less famous platform could encounter some measure issues and funds will be under watch.
One negative effect could be that some exchanges may just have too low liquidity, especially when the token to be trader is in other exchanges. Another pit fall is that: some less famous platform could encounter some measure issues and funds will be under watch.
Yes, I agree there are two many exchanges and some of the are saying that they are centralized and other decentralized. Most of them to my knowledge are simply scams and unfortunately some ICOs are boasting that their coin will get listed soon and give the investors an exchange that has no credibility and never heard of. This is too much and I believe it is detrimental for the future of cryptocurrencies and ICOs. The blossoming of so many exchanges irrespective if they are centralized or decentralized should be controlled and monitored.
To my mind, it is better to keep coins now until the price for coins improves and becomes better. The market will definitely become green and this will happen in the nearest future. We will be able to witness this soon
with the way things are going, i see that exchanges will be more than coins and tokens very soon. its just too much and majority are shit. its obvious they are coming up to exploit the community without having much to offer. we just need to be careful of them and stick only wih good ones so we dont lose our hard erned money to cheap real scam.
there are too many! I had to register and verify with KYC on many Exchange just because I was interested in an altcoin, sometimes only for a few hundred dollars. I dont like it
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?
For benefits i think we can easily sell coin or token, this also indicates that cryptocurrensy is getting more famous. For me nothing significant benefits if so many exchanges. For negative impact, i think felt by developers exchanges, So many exchanges, that's mean many competition, so exchanges must provide features so that the exchange can compete. If there are no interesting features, people will forget it
yes, now there are a lot more exchanges. Seth is simply insanely overloaded, which makes us expect the translation to take longer 
I think that we need even more of them. Competition is always good for the economy. The more exchanges the more they will have to fight for the client, which means better offers, cheaper withdrawals, bonuses, referrals and other nice things. Also more exchanges mean more fiat currencies that are supported.
If they're no good then they disappear. If they're wonderful then they thrive. No one loses out by letting enough people throw enough shit at the wall. We benefit from what decides to stick.
in my opinion, positive for a lot markets are the more options people make for transactions and also there may be markets that are made for a country's currency that are good but the negative volume in one market may not be as much as last year with a little market
Nothing good in a large number of exchanges do not see only one reason. Quantity does Not mean Quality!
Along with the growth of a huge number of ICO, the number of exchanges has also increased, and many of them do not even reach a good level. I don't think the exchanger is good just because it is decentralized. First of all, the exchanger must be with a normal trading volume so as not to wait for the transaction for 1 day for the sale of your tokens. In the entire list of currency exchanges, at least half can be thrown out-there is no sense from them, it is the same garbage as ICO coming out in packs!
Along with the growth of a huge number of ICO, the number of exchanges has also increased, and many of them do not even reach a good level. I don't think the exchanger is good just because it is decentralized. First of all, the exchanger must be with a normal trading volume so as not to wait for the transaction for 1 day for the sale of your tokens. In the entire list of currency exchanges, at least half can be thrown out-there is no sense from them, it is the same garbage as ICO coming out in packs!
Too many centralized exchanges aren't good. cryptocurrencies spaces need a reliable decentralized exchange to fits with its nature. Nevertheless, A lot of centralized exchanges brings a competition to the exchange's market, it indirectly makes the exchange owners' compete to be the best.
Yes, because I think people are starting to realize and prefer bitcoin to get benefits to meet their needs.
This is really very good because the more crowded the exchange will make bitcoin more popular and the more it will price because of this great exchange, I am really happy to see this and hopefully this will continue to grow even more.
This is really very good because the more crowded the exchange will make bitcoin more popular and the more it will price because of this great exchange, I am really happy to see this and hopefully this will continue to grow even more.
Exchanges started because there is an opportunity for them and they can grow more and more if we know it's use and purpose bitcoin and other crypto are very important for theses exchanges and if there is too many exchanges in the market then the competition of fee and other activities will be normal while if there is monopoly in the market then it is very tough for every one and if many then every country citizen exchange in their own language and their own style.
Jump to: