More competitor, improve quality 
Agree with you, if we have just few exchanges, those exchange might be put fee transaction very high. Just because they almost monopoly on the exchange market
Topic: Too many new Exchanges - page 11. (Read 4387 times)
Agree with you, if we have just few exchanges, those exchange might be put fee transaction very high. Just because they almost monopoly on the exchange market
Because the exchange places are always more profitable. So now there are too many bad exchanges and almost no one exchanges any coins on it.
Yes, I agree with you. Nowadays there are so many new cryptocurrency exchange platforms coming out. Because of these cryptocurrency exchange can gain huge profits and for this many bad cryptocurrency exchange platform is being created.
More competitor, improve quality
Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
Currently there are many new trading floors are launched but I think it is not really better than the old trading floor. There are a number of trading floors that make use of to cheat investors. I recommend that you send money to the old but reputable trading floor, it will help you secure the money better than ever. yes alot of new exchanges are being created on a regular basis and all of them are only aiming for the profit . they wanted also to compete for other existing exchanges but the chances for them is verry slim because people will always have a doubt to try them if they dont have any reputation .
that is why we must also be careful on using new service that we arent fammillar with because they maybe unsafe and can cause further issues on the future .
with many new types of tokens and coins popping up, it will encourage the creation of new exchange platforms, I judge, most new exchange paltfrom have the same features as existing ones, but only in different types of coins and fees, depending on how we will use them ...
There are too many tokens around and there are many which are not traded in the major exchanges. The smaller exchanges make use of this opportunity. They list the relatively unknown tokens in their exchanges and gain thousands of new users (and increased revenue).
Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
with so many new trades it seems that the crypto market is getting excited, it turns out that more and more business people are starting to be interested in entering the crypto market, about problems that often occur that are all very natural in a business, business people are required to be more understanding and more thorough in conducting transactions, news like this should be addressed with pleasure ...
I believe that so many exchanges are creating fake volumes with trading bots where the real people don`t usually make too much trading, so the numbers don`t show the real data always we shall make a deeper research.
Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
This proliferation of exchanges is obvious, since there was a lack of exchanges for all existing coins and the ones which existed were making a lot of money. Now we will have too many exchanges for a while, and only finally we will probably have the right quantity of exchanges, after excesses in both directions.
I think, if there are too many exchangers it will give us many options to trade so that we can get exchangers that have a bigger profit and now there are many new coins popping up so that more exchangers are needed too
the problem is the new exchanger can't compete fast with some other exc so I am worried that the new exch service will die slowly because the user left it.need something different and interesting so that the new exchanger can compete.
Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
Investors should be wiser in addressing this. Even though for example their tokens are listed on new exchange sites, they should not necessarily give trust to the site. Further research is needed to minimize bad possibilities. Or they can wait for the token to be listed on a well known exchange. It will be better.
I think, if there are too many exchangers it will give us many options to trade so that we can get exchangers that have a bigger profit and now there are many new coins popping up so that more exchangers are needed too
New exchanges have their own pros and cons, also those exchanges mean to listed those brand new ICOs coin (especially ERC20 based token) to be traded in their exchanges. However, some of them are garbage so you don't need to worry about that and keep your funds on your favorite exchanges.
To me I think it is good omen for the crypto family despite the issue of security and trust which you raised there are still a positive part of the advent of multiple new exchanges. Most of them have a better scalability than the established ones some are even 0 zero fees while others have a solid and better security measures inbuilt. I think the best part is that we have more choice now and the listing price may be crashing now.
Yeah, I find it pretty normal when many new exchanges created because we will have many choices. Besides, the number of people takes part in crypto world increases every single day, thus there’s no problem with many exchanges. People is prone to choose a better exchange, therefore when an exchange is created with more trustworthiness and reputation, it will be attract many people. However, to find out a trustworthy and secured one is kind of difficult. Probably we have to be more cautious with any new exchange we want to choose.
Too many of these exchanges make us have many choices to choose a good place, precisely this is good and benefits users so that they can get faster exchanges and lower costs.
Many exchanges have decided to repeat the success of the exchange binance with its internal token BNB. Moreover, the listing of coins on the top exchanges began to rise in price. This prompted the creation of so many exchanges. And each exchange has taken its niche in this business.
There are no ends in new trends, developers are making the best out of experiences based on previous ones. It is solely to pull out the best of what consumers could get. If I were the investors and owner of the coin, I would preferably register as much as I could to bring liquidity of my token. There are new benefits of a new exchange for them, that includes lesser fees to pay. The only thing due to its newness is there are few people using it.
Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
It would be fine to have many exchanges and let the competition over exchanges go so that there will be more ICO successfully listed on any exchange with lesser fee. Another benefit I see when there is many exchange is, there will be a lesser chance that the price of our crypto is manipulated.
I think it's fine if there are many new exchanges so we can choose the exchanges that are suited for us to trade. besides that, I am sure that every exchange will compete with each other and they will give the best services to their customers. the cryptocurrency attracting many people which have a lot of money to make more money and one of the new ways is they can create a new exchange which can help them to make another profit from the crypto. with more exchanges release, this will help crypto to grow more and new people from around the world can join into the cryptocurrency too.
The fact the businesses are opening exchanges, it would already mean adoption. They are ready for the adoption and they believe there will be more trader in the future and with the growing number of exchanges,
it can easily accommodate us.
yes, as I said before, with so many new exchanges, it will make cryptocurrency more popular, and people who are not joining in cryptocurrency will be aware with the existing of cryptocurrency. besides that, we can join with many exchanges and our chance to make a lot of money will wide open. I agree with you that it can accommodate us to have a lot of coins for the investment or for making a profit in the short-term and the long-term.
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