Topic: What exchanges will survive? - page 9. (Read 1360 times)
I think Bittrex will be able to survive but not grow much as they require verification and I don't think people from outside the US will be interested in giving their personal documents to them as there are other great exchange options which don't require verifications, plus with many more trading pair options.
Binance is the one who has my trust and the only exchange I think will survive in the long run. If you don't know about the recent Binance api hack from a third party app then read about it and you will gain the same trust as me for Binance. Also it has announced a dex exchange which it is going to launch which will keep it up to date with the current market trend.
I agree with you, Binance is one of the trusted exchange and one of the biggest exchange with high voleme coin circulating there. I think BInance will still survive for a long time. But, look at the market now, it was Binance which is the number 1, the competition is really strong, we cannot say the number 1 will remain number 1.
In terms of trust for me Bittrex didn't passed it because i was wondering why my money went down but technically btc actually go up before i lost money which sucks and i am pissed with that exchange.
Binance is the one who has my trust and the only exchange I think will survive in the long run. If you don't know about the recent Binance api hack from a third party app then read about it and you will gain the same trust as me for Binance. Also it has announced a dex exchange which it is going to launch which will keep it up to date with the current market trend.
I agree with you, Binance is one of the trusted exchange and one of the biggest exchange with high voleme coin circulating there. I think BInance will still survive for a long time. But, look at the market now, it was Binance which is the number 1, the competition is really strong, we cannot say the number 1 will remain number 1.
Binance is the one who has my trust and the only exchange I think will survive in the long run. If you don't know about the recent Binance api hack from a third party app then read about it and you will gain the same trust as me for Binance. Also it has announced a dex exchange which it is going to launch which will keep it up to date with the current market trend.
I agree with you, Binance is one of the trusted exchange and one of the biggest exchange with high voleme coin circulating there. I think BInance will still survive for a long time. Binance is the one who has my trust and the only exchange I think will survive in the long run. If you don't know about the recent Binance api hack from a third party app then read about it and you will gain the same trust as me for Binance. Also it has announced a dex exchange which it is going to launch which will keep it up to date with the current market trend.
maybe the one you are talking about is true, BINANCE is now a market that I think is very good, and coins on the list have coins that have good price movements, so I think that in BINANCE is very suitable for traders to get a big profit, and BINANCE has a high volume, and I also think that binance is one of the biggest markets. 
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.
I think that the legal exchanges, the ones that are registered with SEC will eventually become top ones, because others will face problems, or even might be banned. 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.
Binance is the one who has my trust and the only exchange I think will survive in the long run. If you don't know about the recent Binance api hack from a third party app then read about it and you will gain the same trust as me for Binance. Also it has announced a dex exchange which it is going to launch which will keep it up to date with the current market trend.
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.
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.
For all exchanges are best. I believe from all of them because whenever I trade all of my coins are not different. They are all decentralized for me to use. As long as I can trade to process all of my coins it's all fine for me to choose one and select the best one. All of them are OK and probably all of them will survive.
those well known exchange will do their best to survive and still competitive among the rest, new exchange will need to improve in terms of securities and
help support, giving better service will avoid any threat of attacks and having extra security measures will attract more traders to use their platform.
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.
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.
For all exchanges are best. I believe from all of them because whenever I trade all of my coins are not different. They are all decentralized for me to use. As long as I can trade to process all of my coins it's all fine for me to choose one and select the best one. All of them are OK and probably all of them will survive.
Long existing exchanges like Bittrex, Poloniex and also Coinbase/Kraken will probably exist a little longer.
Binance and all the newer ones still have to prove whether they can continue their success in the long run.
In the future, however, I see decentralised exchanges coming very strongly, because they are simply much safer.
Binance and all the newer ones still have to prove whether they can continue their success in the long run.
In the future, however, I see decentralised exchanges coming very strongly, because they are simply much safer.
BitFinex, Bittrex, Kraken, Poloniex, and Binance. These are biggest and the strongest exchanges in the world which I don't think any of them will ever go down. Perhaps, KuCoin and HitBTC will join their ranks in the future.
I harboured some hopes of a huge exodus from all these big Polos, Bittrexs, Coinbases to fast, cheap, user-secured decentralised exchanges when I first learnt about them last year. The hype started in 2016 apparently, but after participating in once ICO (yes, I was a newbie too) and trying out trades faithfully on two DEXs for a time (Waves and Counterparty), I think I was way too optimistic.
Meeting plenty of newcomers who still want to choose centralised wallets, centralised exchanges, for the benefit of having someone to talk to and help them out as they learn to use bitcoin/crypto, I'm now thinking that these big exchanges still have a lot of years left in them. In fact, they'll probably continue to grow for as long as we remain in the phase of mainstream adoption.
Survival implies that they're facing extinction, but other than regulatory compliance and hacking risks, I have a feeling the big exchanges still responsible for the majority of volume are here to stay for the foreseeable future.
Asides from the benefit of having someone to talk to, I fell we are not just there yet with DEX. One thing is that newbies will still always find them a little bit hard to use as a result of the complexities which may even make them to lose money in the process unless they are smart enough to quickly get around how to make use of it. I still believe though, that we will get to see a lot of decentralized exchanges coming up and getting better, we are not just there yet. Meeting plenty of newcomers who still want to choose centralised wallets, centralised exchanges, for the benefit of having someone to talk to and help them out as they learn to use bitcoin/crypto, I'm now thinking that these big exchanges still have a lot of years left in them. In fact, they'll probably continue to grow for as long as we remain in the phase of mainstream adoption.
Survival implies that they're facing extinction, but other than regulatory compliance and hacking risks, I have a feeling the big exchanges still responsible for the majority of volume are here to stay for the foreseeable future.
i strongly believe that in a couple of years we will see two different but both huge types of exchanges.
one of them will be the centralized exchanges but only regulated ones with strict rules and they will be under regulation and control of the government. so they will become big because of the higher security and nearly zero chance of them scamming.
the other one will be decentralized exchanges which will become huge because they are decentralized and nobody can ever control them and also there is near zero chance of anybody scamming you!
If the decentralized exchanges end up working out perfectly well, then I can see them booming a lot and the centralized exchanges taking a huge hit for that, but still when it comes to liquidity, the ease to use, I feel the centralized exchanges may still have an edge but who knows. It is the cryptocurrency world and anything can happen, and with the idea of the decentralized exchanges being favorable and booming, we should even expect the government to start getting their hands dirty on eliminating cryptocurrency entirely as that shows more threat. one of them will be the centralized exchanges but only regulated ones with strict rules and they will be under regulation and control of the government. so they will become big because of the higher security and nearly zero chance of them scamming.
the other one will be decentralized exchanges which will become huge because they are decentralized and nobody can ever control them and also there is near zero chance of anybody scamming you!
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.
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.
Yeah, I think people still have a long way to go to understand that with exchanges, just like real companies, the risk is always there for hacks and security breaches - especially exchanges in fact, since everything is online and has to be.
You're right, we all hate centralized exchanges. I honestly can't wait for DEXs to take charge but we're stuck with the centralized ones for now for the volume and easy of trades. And because they are centralized, we do need regulations, it's for our own good. I'm all for jailing and fining errant exchanges.
Yeah i agree with that bittrex have a great security and best exchanger of best cryptocurrency. Bittrex also comes great user friendly interface.
Thus far, anything can happen. MT. GOx was the best crypto exchange and the largest. People thought it was legit and it really was... but all it took was one (ok many) insider hacks... and suddenly it went down without allowing too many withdrawals.
I personally think Kraken, Bittrex, and Binance and Coinbase are the safest bets. Poloniex has a lot of FUD, and I'm not really sure if anyone uses it anymore when all the new coins appear on either rex or nance. And Poloniex often has server issues that screws everyone over.
But i really feel like it just takes one really good hack to take down Bittrex and Binance.
Coinbase can get hacked, but it has backing by the federal reserve, so I think it will survive. Kraken seems like a solid exchange too. Kraken was around since Mt. Gox, and has remaind strong without any hacks.
Agreed, even though I have always had my doubt with MtGox in the past as a lot of things just kept flagging up some crazy downsides, I still made use of it anyway. I personally think Kraken, Bittrex, and Binance and Coinbase are the safest bets. Poloniex has a lot of FUD, and I'm not really sure if anyone uses it anymore when all the new coins appear on either rex or nance. And Poloniex often has server issues that screws everyone over.
But i really feel like it just takes one really good hack to take down Bittrex and Binance.
Coinbase can get hacked, but it has backing by the federal reserve, so I think it will survive. Kraken seems like a solid exchange too. Kraken was around since Mt. Gox, and has remaind strong without any hacks.
However, the essence with the MtGox thing is that anything can happen to any exchange like you have said, and it is at least becoming a norm for people to understand not to put their funds in an exchange since they do not have any control over it. Exchanges I believe should survive as long as everything ends up going fine with them, but we cannot see the future.
the OLD that till now still running is the best, Bittrex, Poloniex, Yobit, Binance, Bitfinex, i think its the one that will survive, the new exchange that only need our identity just for trading is not worth at all, so much exchange now, that release their own coin
It is not good for us to be thinking. Sure, they have the highest chances of survival and I do not expect them to have any issue anyway until they have an issue but the best thing is to always play safe as long as we cannot know what the future holds rather than assuming an exchange is strong enough not to have an issue. It is a world of several possibilities and we just have to live with that and minimize the risks. 
Well there are stricter regulations coming up day in and out concerning exchanges but most exchanges will still continue operations and so all they will need to do will be to comply with the regulations being brought up.In any case the decentralized exchanges will eventually become the exchanges of choice very soon.
One thing is that most of the exchanges will end up succumbing to the rules and regulations and adhering to the policies based on where they are situated.For a while now, bittrex has been doing this and from the news SEC policies, it has been removing some coins or tokens that are not properly registered and that is where the whole regulation thingy comes to play, so at the end, they will all end up complying at the end of it all.
The exchanges that will survive are those exchanges that top ranking exchanges, much volume of bitcoins , and with too much players or traders.
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