What exchanges will survive? - page 10.

el kaka22

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Quote from: European Central Bank on March 11, 2018, 05:56:49 PM

poloniex of course.

that's been bought out by circle who have goldman sachs backing, among many others, plus the SEC okayed the sale.

https://twitter.com/nathanielpopper/status/968202570719117313/photo/1

it doesn't get much more establishment than that.

other exchanges will probably have to get into bed in a similar manner with bigger players or shut down. the free for all is gonna be over very soon for anywhere that deals with america at least.

Yes, I believe most of these old exchanges will not have any problem anyway and that includes bittrex as well. Poloniex will sure comply with all regulations and policies, since Goldman is kind of involved in a way and we can see even with bittrex, that the regulation is changing the whole atmosphere gradually. The likes of hitbtc and yobit though, I feel their days are numbered. The day of shit exchanges and shit coins dying is just around the corner.

btcformula

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customer service, security, airdrop support , new features all these are great to see by all the trader, so those site can show this can survive for last.

danherbias07

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Leading Crypto Sports Betting & Casino Platform

There is a lot more exchange that will come. Look at the ICO's, full of projects to create one exchange that will be better than the older ones. Grin

It is a good thing, competition is indeed helpful. But still who will remain?
There have been a lot of issues about KYC's and I think that is one hell of a problem when it comes to usage.
People leaned on crypto for privacy, then why KYC before withdrawal or if making a higher transaction? Decentralized exchange will still be the factor to stay in the line.

LSt56

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one by one the bursa is having a lot of trouble and and it makes the users of the exchange slowly leave it, but I always believe in bittrex because so far I have never experienced a problem in bittrex.

Borisb52

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Quote from: cheefbuza on March 11, 2018, 02:31:19 PM

For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.

Here everything depends on the management of the exchange. If the management is leading the right policy and cares about its customers, then such a stock exchange will work for a very long time. But I hope that soon we will see decentralized exchanges with good tools.

Ashimwe

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Most of them will die especially these that target insane fees, high amounts for new coin and ICO listing, currently I can't say which exchange that will die first but I would say fiat to crypto and cryptography to fiat exchanges will last longer than we think

harizen

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Quote from: cheefbuza on March 11, 2018, 02:31:19 PM

For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.

Possibiity yes as always even for the big and reputable one. Let's just minimize the risks whatever it takes.

Although we don't like the idea of using a centralized exchange, it's way more less risky as they are listed as legit company by central authorities. They are complying with the same terms and rules applied on any money institutional firm giving quiet an assurance to their users that they are in "good" hands. It's difficult to just did some fraudaulent activity in those regulated exchanges as they will face the consequences bound by the law.

Well no way we can trade regularly if we don't used an exchange service so face the risks and hope that there's nothing shit will happened.

thesmallgod

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it is funny how some bitcointalker think some exchange cannot be hacked. in as much as any platform is designed by a human then it can be hacked so no exchange is not prone to being hacked. binance just have a taste of that recently. back to the subject, I believe no exchange can workout without central authority even though we have had in the past from some exchanges that claim to be decentralized. factors such as security, liquidity and asset control are some of the factors making many platform going centralized even though they pretend to be decentralized

vv181

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I'm sure that point of view is come up when all the centralized exchanges like bittrex and etc are getting stricter with personal identity verification, and especially Bittrex has a problem with the support system if I'm not mistaken. If we talk about which exchanges that will exchange in the future, I will definitely come up with the answer is the decentralized exchanges. I'm sure the decentralized exchanges are more friendly with cryptocurrencies scene whereas the user is seeking for a decentralization economics, privacy, and anonymity.

yanto@1977

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Quote from: cheefbuza on March 11, 2018, 02:31:19 PM

For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.

A year a go I have faith with Bittrex but after some not successful transaction with out know how to fix it, I leave Bittrex. Exchange can close if they can't show better services and security into their system. Government rules, slow market will not stop exchange operation. Nothing too worry about exchange, every day new exchange comes up with many tools and powerful system to survive on real market. Keep calm and happy exchange.

TaKlarPH

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a lot of exchanging sites has proven there stability and trust to many traders. I also have an account in bittrex and ccex or poloniex and I did not have any problem with all of the sites. I have tried also the customer service response of bittrex and their support can reply to you very fast but I have not tried the other two. hope this comment can help you determine what exchange site will you be trusting

crazy-pilot

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Never use the shit like Yobit.io or net , its the best scammers exchange which i saw , they don't have any support , they could did-not withdrawal you money and did not get it back to you , a lot of people was scammered by this exchange .

wuvdoll

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Quote from: cpfreeplz on March 11, 2018, 04:58:05 PM

Big centralized exchanges that only offer crypto to crypto will eventually die. There just isn't a need to trust anyone in crypto and people will come to realize that very soon with all the DEXs coming out. One of them will do it right, advertise enough to get people in, generate hype and good to go.

We'll need the fiat to crypto exchanges because it's a way for new people to get in and is highly regulated, and we'll need DEXs. Polo, binance, bittrex, they'll either need to become decentralized, which I think binance said 3y where going to, or they'll just get rekt.

Yeah, we cannot really do without fiat exchanges anyway considering what you have said and also considering that for now, there is absolutely no way to even spend your crypto without having to convert to fiat first and I am sure the government is trying to make sure that this comes to play first before the whole crypto space explode and they are not even able to easily handle it based on their regulation.

I am very much confident on bittrex to survive and obviously since they are apparently complying with all the SEC rules and regulations, I am sure they will be one top notch US exchange to use. I am sure some exchanges may end up being blown out and most especially the shitty ones, but I guess time will tell, but at the end, it also depends on where the exchanges are situated anyway, but there are just some of the big exchanges that I am sure will keep up.

clarkt

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Centralized exchange are on their way out, it is only matter of time before government will make it practically impossible for them to keep operating in cryptocurrency currency ecosystem that is not in tandent with current centralized financial system.

Asuka

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There are many reliable and trusted exchanges site and most of them were attacked by hackers. Honestly I wondering if they attack by hackers or is this their way to scam, but the most I trusted exchanges and I hope this will never end is Binance, Bittrex and Poloniex.

andreijoaquin

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Quote from: cheefbuza on March 11, 2018, 02:31:19 PM

For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing.

If cryptos will continue to succeed, I don't think exchanges will ever close, I'm pretty sure instead of closing a lot of exchanges will open for those upcoming ICO which are not yet listed in the current exchanges. For me bittrex and poloniex will continue to become a good exchanges even in future time.

seven2smoke1

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Quote from: European Central Bank on March 11, 2018, 05:56:49 PM

poloniex of course.

that's been bought out by circle who have goldman sachs backing, among many others, plus the SEC okayed the sale.

Honestly, Poloniex is one of the biggest platfrom of trading on the internet, It used by a thousand of users. I think it will survive because it have a good reputation and I already used it for a couple of weeks, I never found any problem, All my transactions done quickly like a charm, I don't know a lot of exchanger, but I already have a look at bittrex, it's seems a good exchanger too, I think these 2 that I mentioned will survive for sure.

richardsNY

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Quote from: European Central Bank on March 11, 2018, 05:56:49 PM

poloniex of course.

that's been bought out by circle who have goldman sachs backing, among many others, plus the SEC okayed the sale.

Poloniex is the first exchange to actually be approved by the SEC, which is a big deal, but it still doesn't mean that we'll see it grow into a major exchange again. Interesting fact is that Circle isn't only backed by Goldman Sachs, but....., but......, also by J.P. Morgan! It once again shows how much of a hypocrite that bank really is. I may even believe that in a certain way, they are guilty of insider trading and market manipulation, because the market did actually react to the statement of CEO Jamie Dimon, and investigations may turn out to show that either the bank itself, or through proxy, they bought themselves into the market.

adaseb

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A lot has changed since 2014-2015.

Back then many major exchanges went down. Like MtGox, Mintpal, Cryptssy, Cryptorush, etc.

However those exchanges were largely unregulated and never followed protocol.

These days with regulation becoming a thing more and more exchanges will need to follow certain protocol which should insure customer safety.

I think most BTC on exchanges are all on cold storage. Hence most funds are safe.

Jaycee99

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Quote from: DanielRR1997 on March 12, 2018, 02:12:48 PM

Binance has often been praised for its wide variety of support coins. Traders can use the platform for multiple digital currencies, including, but not limited to Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, Dash, LiteCoin, NEO, GAS, Zcash, Dash, Ripple and more. As mentioned before, Binance also supports numerous tokens, as part of ICO listings. With this in mind, traders can use the platform to trade these tokens for a profit as well

Never ever got the the chance to use binance but base on youtube its popular and handy as they say, not me.

So back to OPs main topic what exchange will survive? Well many exchanges will continue to iternity but to say that all things will go or pass away like living things. So exchanges may go and some will create new and more exchanges so we can't really say what exchanges will survive in the world of cryptocurrencies.

Also we have many users of bittrex, polinex or binance and they may crash but with propper maintenance and people to handle it, who know it might will be the last amn standing. Just saying basing on what I read know.

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