Bitcoin Forum

Do you think the crypto community could use at least one more exchange site (like gdax, bitstamp, bitfinex, etc), given the fact that current exchange sites are being overloaded way beyond what they would have expected? Or do you think there are already enough, or even, too many?

It would be great to have a new exchange where you can load up your own wallets and keep your private keys, kinda ether delta in a way. I don't know if exist yet

well, the current existing ones need to stop being cheap and upgrade their servers and add more of them so that it can handle the traffic that they are receiving. and maybe for buying bitcoin with fiat we need some more exchanges. it never hurts.

but in general when we are talking about exchanges and specially when it is exchanging crypto currencies with crypto currencies, we need more decentralized exchanges instead. because no matter how big or trusted the common exchanges such as bitfinex, poloniex,... seem to be they are not to be trusted. and it has already been proven that all of them have the chance of scamming their users.

Most decentralized exchanges have this feature already though there wouldn't be any point for any website to have this because they are online and use a centralized host.

Everybody have their own chance to build exchanger, it could be you or your friend/family since bitcoin is the most wanted currency.
Unfortunately my government still not support my bitcoin so our bitcoin popularity quite low at my place ( I can still trade them , by the way )

it is true now that the number of users of cripto money to make the exchange increasingly burden to accommodate the users of Cripto's eyes, hopefully it does not matter

The more exchanges the better, but what we really need is more decentralized exchanges. Besides, we don't want for an exchange to hold everyone funds as the site could get hacked and the losses will be bigger compared to If we had multiple exchanges. It also make it harder for them to manipulate the price for their benefits.

yes but only if they are in a different country not all of them in one place like US or China! that is not going to end well. we need more exchanges all around the world, preferably in other countries that are not so volatile regarding bitcoin one days saying it is good the other day wanting to ban them. some place like Japan may be good.

and i agree with the need for more decentralized exchanges too. they should be the aim of any bitcoiner who is in it for the decentralization.

well it might be a good idea given that a lot of the exchange sites are now getting crowded and there might be security risks that wr are taking on by co tinually uaing the same exchange sites over and over again. THAt is why i think this kight be best

I don't think we need more exchange site than we already have. Our main problem is clogging of the network. A new site won't solve just gonna clogged it more. They need to upgrade their software to avoid traffic most specially during hype period.

the amount of crypto money currently is very burdensome almost all exchangers, maybe there should be improvements to this. For example in technical terms for all exchangers, I hope someone will create a new exchanger in order to accommodate all the crypto money.

Based from my own research, I don't think this already exists. But, in my opinion, I think that is a good idea especially for new members to be able to start off easily.

Seems the main problem with the major exchanges is poor customer support. Any new exchange should have good support to gain trust.