Topic: Too many new Exchanges - page 19. (Read 4352 times)
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.
This is truly a sad thing as we put our money in too many places which does not help us at all.
We will pay a lot of fees from many different exchanges.
But those new markets still keep happening because they offer very low fee os listing or even free. That is why new projects keep applying for them and have their coins listed.
We will pay a lot of fees from many different exchanges.
But those new markets still keep happening because they offer very low fee os listing or even free. That is why new projects keep applying for them and have their coins listed.
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.
Yes their is too many exchange now but be very careful of scam exchange. Has a matter of fact I see lost some asset on a particular exchange make your finds before trade.
So many exchanges with trans fee mining
https://www.coingecko.com/en/exchanges
I rather pick exchange I like and stick
https://www.coingecko.com/en/exchanges
I rather pick exchange I like and stick
many emerging exchange markets are very good for transaction ecosystems, but if the market has only a small volume, especially decentralized markets, traders will eventually return to the market with the largest volume, I disagree with the emergence of a market that has no strong credibility in the long run and choose to sell coins until listing to better and more crowded markets.
Ya really i also just took a look at the coinmarketcap in the list of exchanges and the list was just never ending...a couple of years ago there were namely 4 to 5 exchanges i know..but now the list is never ending...dont know if its good or bad for cryptocurrencies.
Back then it would have been a good entry point for a new exchange, I am afraid now it is either to lately too early
By looking at the positive note, if new exchanges will show some important "things" that a trader wants then I believed that even with the current market situation, they will have a great number of users. Bascially no such thing as wrong timing.
It's just a matter of how well those new exchanges will deal with all the associated concerns that they will faced on a current market trend.
So for a user, if they don't know how to play well with using multiple exchanges, new or not, then better refrain from using new exchanges and stick to the reputables ones.
yes you are right now there are lots of exchanges you have to be able to choose a good place of exchange and can provide very many benefits and have a very high daily trading volume.
Yeah there are so many exchange now,for me I always used same exchange, not all exchange is safe especially to those exchange that are really new . So be careful everytime you buy and sell.
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 the increase the growth of new exchange accounts is considered very good, especially for the development of crypto currencies themselves. Trust issues are the initial problems that are often highlighted by most crypto currency users especially beginners, not even a few novice users who lose confidence on an exchange account and I think this is a natural thing for beginners.
yes you are right now there are lots of exchanges you have to be able to choose a good place of exchange and can provide very many benefits and have a very high daily trading volume.
why small exchanges are needed? in investy.io you can trade in binance and poloneix from one window
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.
More exchange also lead to some result:- More competitive so quality of exchange will better, trader will get more benefit ( fee, speed transaction...)
- Many small exchange can give more risk for new trader: bad security, no accept to withdraw...
For me i prefer Binance.
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.
More exchange also lead to some result:- More competitive so quality of exchange will better, trader will get more benefit ( fee, speed transaction...)
- Many small exchange can give more risk for new trader: bad security, no accept to withdraw...
For me i prefer Binance.
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.
I noticed the same, too many new exchanges and most projects seem like copycats without additional added value compared to the existing ones. Looking at the weak volume all year you wonder what is the point now. Last year exchanges like Bittrex stopped to accept new members as the platform run into scaling issues. Kraken was largely not usable anymore in Q4.
Back then it would have been a good entry point for a new exchange, I am afraid now it is either to lately too early
Cryptocurrency is a growing market and involves a tremendous amount of money. Some capitalists are taking advantage of the situation by establishing cryptocurrency exchanges. There are around 500 cryptocurrency exchanges and continuously increasing in numbers. But, only few would satisfy your needs. So, better to choose the good ones.
The increasing development of the digital currency automatically increases the amount of exchange available. But as you said that only a few exchanges have quality and give us comfort.
I think it's better to keep using trusted exchange services like Bittrex and binance.
Never be interested in a new exchange offer, for me it is a risky thing to do.
But sometimes it depends on the coin where it can traded or the availability of the coin. We are getting many exchanges right now and thats because of the booming economy of cryptocurrency.
Is it good or bad for the community? what do you think ?
Cryptocurrency is a growing market and involves a tremendous amount of money. Some capitalists are taking advantage of the situation by establishing cryptocurrency exchanges. There are around 500 cryptocurrency exchanges and continuously increasing in numbers. But, only few would satisfy your needs. So, better to choose the good ones.
The increasing development of the digital currency automatically increases the amount of exchange available. But as you said that only a few exchanges have quality and give us comfort.
I think it's better to keep using trusted exchange services like Bittrex and binance.
Never be interested in a new exchange offer, for me it is a risky thing to do.
Cryptocurrency is a growing market and involves a tremendous amount of money. Some capitalists are taking advantage of the situation by establishing cryptocurrency exchanges. There are around 500 cryptocurrency exchanges and continuously increasing in numbers. But, only few would satisfy your needs. So, better to choose the good ones.
There would just be more and more crypto-currencies exchanges coming out in the future as the popularity of trading crypto-currencies would surely increase by a huge amount as time goes by, but I think traders should really take a lot of time to research into the crypto-currencies exchanges that they are planning to use as it is important to ensure the team working behind that exchanges is legit and real.
In my own opinion, I think that, having a lot of exchanges isn't bad for now but I hope in the future, that their would be less regulated exchanges and this would make crypto more professional and for people to take it serious. People want to invest but looking at how things are, they get scared
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