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Topic: Too many new Exchanges - page 8. (Read 4387 times)

member
Activity: 546
Merit: 12
September 21, 2018, 09:14:40 AM
A large number of exchanges is very good, but this does not mean that they are all safe. Prefer to those exchanges that already have a good reputation and which exist for at least one year.
full member
Activity: 630
Merit: 100
September 21, 2018, 08:53:21 AM
Exchange is very important platform for cryptocurrency trading and investing.  I am of an opinion that there will never be enough exchange to  cater for different market segments.  Exchange is needed as more people get into cryptocurrency for quick transaction and easy entry!
sr. member
Activity: 896
Merit: 268
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September 21, 2018, 08:34:47 AM
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.
Even there are so many exchanger now i always trust the top exchanger so i can assure that i can trade my token more safe, and right now there are more exchanger are coming but i am sure that only the top exchanger will be used.
jr. member
Activity: 85
Merit: 2
September 21, 2018, 07:13:31 AM
In this online market too many business developer work and too many developer want to create a good Exchanges and they are always try to create it. If you see and you can get too many exchanges in this online industry, too many people use different type of platform. All exchanges are not good so before start business must check this review. Now a days too many exchange going to scam so I can suggest a good exchanges, you can use Bittrex and Binance.
The more the coins the more will be the exchanges. I think that security should be the first priority for all investors and as cryptocurrency is decentralized you cannot claim your lost money. I always use authentic coin and exchange for my investment, because I don’t want to face any hurdles and obstacles. I don’t need too many exchanges in the market and I also don’t trust every exchange.
sr. member
Activity: 1358
Merit: 259
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September 21, 2018, 04:10:44 AM
yes you are right now there are lots of exchange places and you should be able to use the exchange place as best as possible to be able to grow assets that you have and don't let you choose the place of exchange so that you do not experience very much loss.
member
Activity: 504
Merit: 10
September 21, 2018, 03:42:51 AM
This has good and bad side. For new trading platform to be successful, it needs to prove its reliability, legitimacy and security. I've seen a lot of new exchanges that did make it in this crypto space. They did not withstood the pressure of the bearish market; Bitpaction, per se. So, I often hesitate to trade in new exchanges because of its undetermined reputation yet. Of course, I want to ensure that my hard-earned tokens are safe. But there are also new exchanges that are quite doing good, like Binance. Just be cautious on where to deposit your hard-earned tokens. If it's new, consider the reviews of people who had experience trading there, and if you are not about to sell your tokens yet, better to have it stored in your own wallet than in exchange wallets.
MRY
full member
Activity: 560
Merit: 109
September 21, 2018, 03:31:08 AM
I think too many exchangers will make us have a lot of options for trading, but we also have to be able to choose a good exchanger and have good movement and prices because there are some exchangers who are scam, so we have to be more careful to choose exchangers
hero member
Activity: 1204
Merit: 500
September 21, 2018, 02:33:47 AM
After the success of the no.1 crypto trading platform in the world today binance many projects and developers challenged themselves and create platform that may compete this company in the future but I hope this coming of new exchanges may bring more competition so that abuses in listing fees will stop them and regulators may provide a proper guidelines about listing fees at a considerable prices.   
I think, there will be many ICOs who open projects for the market. well, at the very least, the project is better than binance, so it will beat binance if they are successful. well, now there are so many markets. the benefits of the market are even so large. so, many companies make markets that try to beat the existing markets.
hero member
Activity: 2492
Merit: 542
September 21, 2018, 01:52:47 AM
After the success of the no.1 crypto trading platform in the world today binance many projects and developers challenged themselves and create platform that may compete this company in the future but I hope this coming of new exchanges may bring more competition so that abuses in listing fees will stop them and regulators may provide a proper guidelines about listing fees at a considerable prices.   
hero member
Activity: 2940
Merit: 715
September 21, 2018, 01:30:35 AM
I do not see anything wrong with the increasing  number of exchange. Increasing of exchange means a great advantage for us. Because of this, we can choose who among of those exchanges have a good service with of course low fees. But we still need to be careful because many trickster are in this of business
That's true, it will also increase the competition among exchanges and we as customers or clients will receive a good service from them.
Fees will be lessen and transactions will be faster, that's the things that will happen with big competition in the market.
sr. member
Activity: 1330
Merit: 326
September 21, 2018, 01:09:36 AM
I do not see anything wrong with the increasing  number of exchange. Increasing of exchange means a great advantage for us. Because of this, we can choose who among of those exchanges have a good service with of course low fees. But we still need to be careful because many trickster are in this of business
copper member
Activity: 728
Merit: 250
September 20, 2018, 11:36:51 PM
quality evaluation and contrast to the Railway Mania in 1840s. A comparable element is happening in London right now with luxury houses, too many homes now not sufficient billionaires to shop for them.

there's going to be a number of unhappy people which are moving into ICOs, now not sufficient human beings do their research or trust inside the undertaking. i have checked out a variety of and most of the people for me don't without a doubt make feel to be decentralised.
newbie
Activity: 31
Merit: 0
September 20, 2018, 11:30:59 PM
After going to the consensus event in Singapore, i felt many of the new entrants in the crypto market are doing or going to do exchanges. In my opinion, i felt it was like a new cashgrab in the market. The crypto space is saturated with crypto exchanges but with so few security measures taken to prevent hackers. Another issue is we are currently is a bear market, there is not much volume and with so many crypto exchanges popping up recently, it is diversifying the liquidity and volume even more among these exchanges.
newbie
Activity: 81
Merit: 0
September 20, 2018, 11:14:08 PM
Exchanges are the order of the day now. Everyone wants to launch an exchange. The success of Binance and the profit Binance post yearly is unimaginable and everyone wants to be a part of that. Unfortunately Charlatans have taken over this space. One has to picky in the choice of exchange to use in order not to get scammed. It's important to get reviews about any new exchange before making a deposit on the exchange.
sr. member
Activity: 882
Merit: 250
September 20, 2018, 11:11:06 PM
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.

Many new exchanges are nicer too and competitive and choose the best trust.
we have several choice to pick best exchanger that give us best platform and security.wallet security could be main factor when choosing exchanger to trader since many case in wallet stealing
newbie
Activity: 6
Merit: 0
September 20, 2018, 11:04:00 PM
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.

Many new exchanges are nicer too and competitive and choose the best trust.
jr. member
Activity: 70
Merit: 1
September 20, 2018, 09:47:03 PM
Presently, other people who try to imitate the profits of their associates are searching for the following enormous thing in the market. There are as of now Target and stop when starting a trade: For each trade we must set a clear target level for taking profit and more importantly, a stop-loss level for cutting losses. A Stop-loss is setting the level of loss where the trade will get closed.
member
Activity: 627
Merit: 14
Crypto Article Sharer!!!
September 20, 2018, 02:51:45 PM
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.
that's right. Too many projects and exchanges ar running their ICO's and also run their exchange too. We need more exchange though for doing trade well and also for good competition in market. So,it's a good things for us
newbie
Activity: 193
Merit: 0
September 20, 2018, 12:53:37 PM
Thank you for your replies. I take alot of time to read comments and replies. Here i conclude
1. Investors found a new way to earn money and those who cant afford to buy banks are trying to invest in new exchanges
2. Many scammers found  new way to create ICO, earn some ETH and got away
3. Its global world and alot of competition is here. Some good investors trying to create competitive to reduce the burden of larger ones 
member
Activity: 350
Merit: 12
September 20, 2018, 06:57:13 AM
I think, it's not a problem with lots of exchanges because we can have more opportunities to be able to get profit and choose good and more profitable exchanges.
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