Topic: Too many new Exchanges - page 18. (Read 4387 times)
Having too many exchanges are good thing because the competition between the exchanges will do good things to the traders like best support,low fees and lot of others,but not all the exchanges are legit so don't directly deposit your cryptos if you found new exchange,just do some research and know the legitimacy of them before depositing.
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.
yes you are right now there are so many exchange places that exist so you should be able to choose an exchange place that can provide comfort and security and can provide you with lots of profits when you trade.
More exchange means more chance to list on exchange for ico tokens, but there are high risk when using new exchange: untrust, low volumn, withdraw not instant... So i still think you should just use old exchange like Binance, Bittrex ...
Yes you are right on what you have mentioned so i also prefer to use old exchanger like binance, kucoin and etherdelta, you can always look for a market with good reputation before starting.
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
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More exchange means more chance to list on exchange for ico tokens, but there are high risk when using new exchange: untrust, low volumn, withdraw not instant... So i still think you should just use old exchange like Binance, Bittrex ...
I think what you say is true because there are so many exchanges now that some are confused about where to trade, and I recommend choosing a crowded exchange place and having a very high daily trading volume.
Yes, we are seeing many new exchanges daily but don't skip to new exchange stick to the old ones because we find some security measures whereas we don't know how the new exchanges are going to be. It is not good to keep on diverting to the new exchanges.
I think the benefits of making an exchanger are very many, so there are so many people making exchangers. well, I think it's better, because each exchanger has different advantages.
Recently,we have witnessed the emergence of many exchange.This development should be monitored critically especially when it comes to security.We heard about some exchange being hacked as a result of not using multiple signature measures.This impose a grave concern to the traders.
In terms of volume,the exchange one is using determines his performance especially if one is a day trader reason is if one is using exchange with no sufficient volume there is every possibility the trader will not be performing well.Some exchange have no financial expert that evaluate the coins they want to list ,and this ugly trend has made some exchange to become dumping ground.
In terms of diversification,too many exchange has contributed in distributing the coins in the world.
From my own view point, there should be regulation to checkmate the activities of these exchange and at the same time sanitize the industry.
In terms of volume,the exchange one is using determines his performance especially if one is a day trader reason is if one is using exchange with no sufficient volume there is every possibility the trader will not be performing well.Some exchange have no financial expert that evaluate the coins they want to list ,and this ugly trend has made some exchange to become dumping ground.
In terms of diversification,too many exchange has contributed in distributing the coins in the world.
From my own view point, there should be regulation to checkmate the activities of these exchange and at the same time sanitize the industry.
Yes, we are seeing many new exchanges daily but don't skip to new exchange stick to the old ones because we find some security measures whereas we don't know how the new exchanges are going to be. It is not good to keep on diverting to the new exchanges.
I think many new trading floors are created to increase the competitive capacity between the floors. Trading platforms can add more choices to list on higher quality altcoins. We need to thoroughly understand information about trading floors. good luck
This is a very normal phenomenon, everyone is coming here to make money. It is well known that the current stock exchanges make a lot of money everyday, so people open the exchanges one by one, which blames Binance for being too successful 
yes you are right now there are so many exchange places but do not be fooled and you should choose a place of exchange that has a very high trading volume and choose those that have very guaranteed security.
There are many emerging exchanges and also much old exchanges reduced liquidity
I'm oppose to that idea of regulation because it contradict what crypto stands for which is decentralization. Let all the exchange (new and old) compete favourably among each other, it will bring out the best service from them and investors would benefit.
Regulated exchange will stiffen growth and development in cryptocurrency trading and market liquidity and volume may decrease as a result. People are in cryptocurrency because of freedom cryptocurrency provides, we need more exchange!
I think it was good to have many exchange so that people has many choices where they want to do trading. Also you can choose the right exchange for you if there are more exchange in crypto market. You can buy and sell your tokens faster if there are more exchange.
But there is a risk with that too.
Any exchange could be a scam anytime. That is why I still prefer the decentralized one. But it is like they are getting lost by now.
All are controlled and needs KYC just so they could continue their business.
Faster buying and selling of tokens cannot be seen on how many exchange there is. It is about their technology. You wont have to make that as priority. It is still security that comes first.
Yeah if you're not comfortable in doing kyc then pass then choose the decentralized one. We all know how fast and dirty the technology and our identity can be stolen anytime though they assure us it won't happen.
And mostly of centralized sites are full of fake orders of bot trying to lure traders that they have high liquidity. It just so sick to think that technology is being use in stupidity and greed.
I think it was good to have many exchange so that people has many choices where they want to do trading. Also you can choose the right exchange for you if there are more exchange in crypto market. You can buy and sell your tokens faster if there are more exchange.
But there is a risk with that too.
Any exchange could be a scam anytime. That is why I still prefer the decentralized one. But it is like they are getting lost by now.
All are controlled and needs KYC just so they could continue their business.
Faster buying and selling of tokens cannot be seen on how many exchange there is. It is about their technology. You wont have to make that as priority. It is still security that comes first.
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.
Concerning regarding the trust issue of exchange are diffucult to resolve about it, the fact is we need to careful choosing exchange for the trading job.
making and developing of new exchange are not limited theirs nothing rules about it anyone have capital money to make an exchange are free.
On the contrary, we need more exchanges to cater for the needs of new ICOs, inasmuch as they are legitimate in their dealings we need more exchanges
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