Topic: Why new crypto exchanges fails to grow ? - page 2. (Read 372 times)

Many exchanges have scammed people as they have taken away their money and closed or said that their wallets had being compromised etc because of which people now only trust the existing exchanges which is their from long time and they have faced no issues or minimal and are happy to stay with them rather than try anything new and worry later.

Agreed but there are several reasons why crypto is being banned.  Crypto is non taxable and there is a huge risk of money laundering through it , countries are taking some time to develop policies regarding it and they also needs to preserve their existing financial system. Keeping KYC mandatory actually eliminates the risk of money laundering to some extent.  
Exchanges now a days have some flaws, if investors gets an exchange which makes their trading easy and exciting, they will automatically go there.

World´s pool of fools starts to run empty.

at present some new exchangers are not growing due to several factors, among these factors which make them less developed are the prices of their falling tokens and their low security exchanger systems. so that raises doubts.

I agree, these are all valid explanations. However, in my opinion is that there are too many products/ICOs with projects better than the proposed ones and it is this competition that leaves all the other ones behind. Plus, having raised money as part of pre-token sale is also relevant.

Some would say KYC verification is crap but you are also correct at your own stand that it is necessary for security issues but as per what I have heard till date is that some of the countries have already banned the use of cryptocurrencies and obviously there are people from those countries who are still trading using other trading platforms which don't require KYC verifications and wouldn't the people of such countries be excluded from trading at platforms having KYC necessary?
Second, maybe because of trust issues, C'mon people would avoid trading on a completely new platform when there are some old existing platforms which are trusted like Binance and many more such platforms.

keeping KYC mandatory is necessary as security is our main concern, moreover we are coming up with our own utility token, we are not using any bot to increase the group count, focused on organic growth and covering the problem areas which investors are facing on other exchange.

As what I can say about this new crypto currency which fails to grow due to the lack of investors because this certain new currency has no impact in our daily life or in our daily job that's the reason why this new crypto currency will never gain supporters and investors which is very essential in order to grow in the crypto currency market.

BECAUSE CRYPTO IS A SCAM --> https://bitcointalksearch.org/topic/bitcoin-is-about-to-collapse-this-week-5059138

What are the advantages of this exchange on why people should use your platform instead of the existing one? And according to your FAQ, no one can trade on your platform without a KYC verification which is crap.
I'll rather stick to binance which is known for its security and especially for its KYC verification requirements which only needed when someone wants to withdraw >2 BTC and can use its platform without KYC full verifications.

You should rename this post because it just looks like absorb of advert to me. And beside your stated problem that affect exchanges are superficial you avoided the main problem of exchanges which is security alot of exchanges has suffered in the hands of hackers and fraudster and made a way with company and clients funds some exchanges dont even give compensation to client

Low trading fee, Multilayer security, Liquidity, Multiple language support, Reliable and transparent, Smooth user interface, Fast track verification, Advance reporting, Buy and sell securely, isn't that great if a single exchange comes up with all these features. Proassetz is a solid project which is intended to ease the trading experience of investor. looking for decentralised exchange, we are coming up with a hybrid one.Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.
High graded trade engine and optimised platform for the connection between traders and trading, visit us and feel the difference.

I thought you are here to share your ideas on how new born crypto exchange can grow or maybe share reasons why crypto exchange fails based on experince but it looks like you are more on promoting your new crypto exchange Proassetz Exchange. What makes Proassetz Exchange different from existing crypto exchang and whats in it for us if we sign up with Proassetz Exchange.

For you information bounty hunters are a necessary evil. Besides advertising for some tokens, they help in the liquidity of the token once it hits the market. just imagine if all investors wait to hold the token waiting for it's price to rise, the token would not get the required daily trade volume which is needed for the token to get listed on other bigger exchanges.

The problem is that most tokens are shitcoins with no viable product, hence it's the reason some people want to sell it off quick once it hit's the exchange

we take the example for one ico or token that has just been released in the market. most of the holders of tokens are from bounty hunters, and they all sell all and do dumps. after that no one else buys so that the new coin is difficult to rise.

2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didn’t perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:

· Some cannot execute on their product vision and purpose.

· Some never release a real product to the market.

· Some do release a product, but never find a product-market fit. They release a product that there’s no need for, a product that solves a problem that nobody has.

· Some may release a great product but they do it too late and a competitor eats their lunch.

· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.

Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.

Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.

High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.

Do review us and give your valuable suggestions.