Topic: Too many new Exchanges - page 28. (Read 4352 times)
Yes, there are so many exchanges that we will not be able to choose our own potential coin.
Influx of exchange is a great way in improvising the crypto-community. This is a great way to achieve mainstream in the cryptoverse.
We have to accept it every new thing come obviously full of innovation, and no doubt the is of course risk in there. Of course you will use every exchange, because new exchange, because they created their own coins. Just how we minimize every risk on that exchange.
There are many crypto coin in online so next exchange are increasing day by day so I think it's no problem but you should verify real crytocurrency exchange market
Just stick at the top exchanges like binance,kucoin,coinex,merca,bitz, coinexchange and etc. Dont look for the other to avoid any losses. Some exchanges are just fake and trying to get all deposit tokens and say it been hack. If the token listed in a unknown exchanges i must suggest to wait for the next or atleast wait even top 10
I tried to trade on many new exchanges and they are all very bad. Before you trade on new exchanges, pay attention to the order book. Often it is almost empty and the volume wrapped up by the exchange itself. Therefore, only a binance and only an idex.
Too many coins are comes in the market so trading exchanges also increasing day by day but few exchanges only reliable because many scam trading platform are available in the market so peoples are panic to participate in some good platform also may be it is our responsible so we only careful to choose the exchanges.
I think that today, there are really many exhanges and it is necessary to be very careful when choosing the safe one as some are scams. to my mind, it is possible to find a reliable one like Binance
many new exchanges are good so many options for merchants to choose an exchange that makes them comfortable with the quality of service in it, surely every exchange has its own advantages and disadvantages
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's a little hard to talk about regulation and I think the competition that they have brought into the market might just be beneficial for the seasoned investor, granted that they stay cautious. But I would suggest new comers to stay away from them. I myself have always been loyal to one or two trading exchanges all the time I have been here and I think that is the safer and smarter strategy.
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.
A lot of new exchanges have taken place and most have come from ICO projects. I think when the demand for investment is high, they will choose new exchanges with great potential for investment. However, the more you trade, the more scams you will get because new investors are more likely to make mistakes. We should be more careful and make a wise choice 
Like you ! I also see that there are too new crypto exchanges where we can trade our tokens or altcoins but we don't know if those exchanges are legit or not. That's why I recommend to slightly avoid depositing our funds to those exchange/s because we don't totally know them yet. It is better to trade our cryptos on exchanges which already listed on coinmarketcap.
Currently there are more than 200 different exchanges in the crypto market, and actually this is good for crypto market, more exchanges will be more demand for crypto. And more competition between all exchanges, the quality and the service will be more good too.
That's true. There is also an explosion on exchanges that many are sprouting up. We know that the top exchanges a announce their earnings to more than hundreds of million of dollars meaning there is an opportunity here. I hope that they can improve their services and being regulated enough from where they are operating because this is a serious business and people will lose if anything goes wrong.
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.
Strong competition will lead for other exchanges, new or old, to bring more satisfaction to it's clients. It's way better than we are only dealing with few exchanges around as long as they are legit* and people knows the risks of doing trades at any exchanges.
Being trustworthy is one of the most concern thing for a trader. If there are lots of exchanges around, building trust will be one of the priority for every exchange to compete with their competitors therefore expect good and positive service from them, at least.
Generally, it's up for a trader on how to deal with that concern. Even there are lots of exchanges around, if the traders knows the risks they can able to handled it along the way.
The profit that each team or dev. can make in a well build exchange platform is millions of dollars or it could be billions if the exchange security is top notch and the costumer service is fast unlike any other exchange, tickets are answered months after it was filed
the more exchanges are good ,, give new token or coin opportunity to immediately relese to exchange, because many successful ico but not enter in exchange and also we more choice to use good exchange and complete feature ,, to exchange that bad we just leave it ,,
I don't find any issues as long as they are legit.
More exchanges will compete for better services and better price.
More exchanges will compete for better services and better price.
With various restrictions, I think that exchanges are increasing.
Since investors are already talking about investors, it is likely that exchanges will be culled in the future.
Anxiously, doing exchanges without having sufficient technology.
Publishing an exchange means being a target of hackers all over the world.
This leads to a collapse of the value of the currency. Many small exchanges are not prepared for the risk.
Since investors are already talking about investors, it is likely that exchanges will be culled in the future.
Anxiously, doing exchanges without having sufficient technology.
Publishing an exchange means being a target of hackers all over the world.
This leads to a collapse of the value of the currency. Many small exchanges are not prepared for the risk.
Too many new exchanges launched now because they been look in to others big exchanges like Binance that can earn alot of profit monthly. Exchanges like Binance was earn multi billion dolar, so many others developer also want to be success like Binance. Many exchanges is very good for crypto market because with many choice, we will know the quality of service and product each others.
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.
Well, I guess exchange business is very profitable business therefore we see these spike in exchange openings.
Even with these many exchanges being opened, most of these exchanges lack volumes. Which I guess is the deciding factor when a operating an exchange, to get it's share of the profit from its customers / users.
Secondly, the most successful and established exchanges, having hefty volumes of trades, demands very high listing price. Which I guess, most of the coin / token developers cannot afford. Thus it is where the newly opened exchanges comes into play, where they charge minimal listing fees or even offer to list via community voting for free.
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