Topic: Too many new Exchanges - page 16. (Read 4371 times)
I see. But i always focus on big exchange( big volume) i never deposit money to the one has small volume. Find more infor before trading
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.
Yes, today crypto-currency exchanges, as well as the digital tokens themselves are becoming more and more every day, and it is impossible to control it, because this market does not yet have laws and regulations.
This is the main problem today and literate people who know how and want to earn it use.
Anyone can make a beautiful website, issue white paper for just $ 100 today, and in the end you can try to create your own cryptocurrency exchange. Tokens arrive and listing on the exchange is necessary for everyone to make a profit. Some people create projects (little known) and release it under a beautiful product, drugite people create exchanges and open trade for money these unnecessary and unknown projects - all make a profit and this can not escape - it is the Economy and the desire of people to make money on that brings money!. Until there is strict regulation in this area there will be more and more scams and scammers who want to earn your money in any way
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.
Exchange is good to help trader/ investor with their activity, when the quantity grow up just let it go because you don't have control about it. You have to smart chose the right/ best exchange and start it by see their rules and try their services. From there you can decides what the right one. Happy hunting for you.
The more exchanges, the more competition there is.
Maybe in the future the Exchange will also compete on costs for each transaction.
If the Exchange pays a high price for trading Bitcoin, then we will look for a cheaper Exchange for the cost.
Maybe in the future the Exchange will also compete on costs for each transaction.
If the Exchange pays a high price for trading Bitcoin, then we will look for a cheaper Exchange for the cost.
a lot of exchange makes you free to choose the trade in exchange that you need because not all exchanges have a coin that you want to trade, you just decide which platform suits you and there is a coin that you want to trade
for a new exchange reputation problem, it will take time, as the competitive and competitive exchange time will get its reputation and user trust
for a new exchange reputation problem, it will take time, as the competitive and competitive exchange time will get its reputation and user trust
Yes, because exchanges are always very profitable for homeowners, so the market is constantly out of new places and hence one of the competitive markets.
I have also noticed that there are many ICO's coming with the project of new exchanges but i have not found anyone worthy till now. New exchanges are coming but btc rates are down so alts are also down, dont think so that launching of new exchanges can be worthy in these conditions.
I think the new market wants to compete to trade. lots of new markets and issue the token market itself. but many new markets also have bad support
yes you are right for now there are so many new exchange places and you have to be able to use the place of exchange to get a lot of profits and make sure you choose a place of exchange that has a very guaranteed security.
Exchange platform or project is a good business. they earn huge money daily. if you think about Binance you would be surprised. read this: https://cryptobriefing.com/raining-cash-binance/ & https://news.bitcoin.com/crypto-exchange-binance-expects-up-to-1-billion-profit-in-2018/ I think so why people crazy about the exchange site and they also want to be an owner of the exchange site.
I see at least 1 new exchange every week pitching their idea or how they can improve market. I think many of them may not succeed but some are very much potential like Kubitx.
well, we we are very natural. even now there are so many ICOs that make projects about the market for crypto. although many, of course new markets have advantages, such as offering coins for anyone who joins, or trading in their markets. Well, I think that competition will continue to emerge.
No matter how many new exchanges I have, I will still choose to trade on my most trusted trading platform! For the new platform, I will observe it for a while before considering whether to buy it!
I see at least 1 new exchange every week pitching their idea or how they can improve market. I think many of them may not succeed but some are very much potential like Kubitx.
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.
To be honest, new exchanges have emerged to fill projects that are not able to register at large exchanges such as Binance Okek and Kucoin, so it's better to make a new exchange to appreciate the new project that works. 
I think with so many exchangers it would be better because we have the opportunity to be able to choose better exchangers and have better prices, we will also be easier to sell coins that we have
With the presence of new crypto exchanges, i am more happy today than yesterday because i can have several options already to choose from to sell my cryptocurrency. With that, i also believe that competition between these crypto exchanges can somehow lessen the transaction fee made on their crypto exchanger.
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.
his name is also in the business world, of course there is always something new, I think with new exchanges, infestor has many choices in doing business, so many choices of altcoins are becoming increasingly competitive in price and product quality competition. then we should be able to master and participate in the advancement of digital currencies. and of course in the future more projects will be offered.
Thank you all for your feedback and responses. It was informative reading all comments. cheers guys 
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.
Actually it is better for us that we have options to work at multiple exchange trading , because these leads into better competition and better features for us and also these helps us to do arbitrage trading .As we heard in the past the few exchange got hacked by the hackers and in that case they needed to hold all the trade and money in the trading exchange or they get scammed by the hackers with a big amount of money , that why users faces lots of problems and fear .
So if lots of numbers of the exchange will available then in that case everyone will try to make Thier exchange at better level of high security and better better option to do trade to attract the users , so this will give a better result for us to have safety with our money .
And also due to availability of the numbers of the exchange , we will be able to have different coins at different price at some particular interval of time and in that case we will be able to make profit by arbitratge trading .
And also due to availability of the lots of exchange there may be chances that they can show the confirmed deposit in 1 confirmation of the transaction ( which is currently about 3 atleast ) and in that way we will be able to do trading more fastly in case we have BTC or any another coin at our outside wallet .
There are lot more exchange that will be built later on, it ain't just the current. More DEX will be created too and we may not know some of them are government controlled which they are only monitoring illegal activities. i don't think we could ever have enough exchanges to the more the merrier and the merrier the better.
Jump to: