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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mosesayo4450 on July 25, 2018, 09:57:03 PM



Title: Why a lot of projects launching exchanges?
Post by: Mosesayo4450 on July 25, 2018, 09:57:03 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.


Title: Re: Why a lot of projects launching exchanges?
Post by: V. J. Meyer on July 25, 2018, 09:59:17 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
The tendency to invest in cryptocurrency is so huge that so many people want to take advantage of that to invest in an Exchange to get huge profits from the investor's trade. Most of the Exchange coin is also increasing so that is why many people want to create their own Exchange.


Title: Re: Why a lot of projects launching exchanges?
Post by: ovbokhan on July 25, 2018, 10:02:29 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
I actually encourage the idea of having a number of new exchanges coming to the space, especially those that re community driven.The number of tokens that successfully completed ICOs but are unable to list their tokens is staggering, we need some competition, the space is large enough for all.


Title: Re: Why a lot of projects launching exchanges?
Post by: sanacaks on July 25, 2018, 10:02:51 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.

My opinion is because of tree reason; First they will have a full control of liquidity of their issued token, Second its to expensive to list any top 10 exchanges so they just put less money to create an exchange by their own. And third if you able to get a good volume on your exchange it has a very good profit for owners.


Title: Re: Why a lot of projects launching exchanges?
Post by: EvgeniyBH on July 25, 2018, 11:37:39 PM
Many people doing analysis of business trends expect the arrival of large capital in the market of cryptocurrencies. So ROI in this kind of business now very high.


Title: Re: Why a lot of projects launching exchanges?
Post by: LbtalkL on July 25, 2018, 11:48:04 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
I think the one reason is they can easily list their own token and exchanges have fees so they can gain a huge profits from it. Its true too many exchanges now is launching with added some features like lending, staking I think we don't need projects like this anymore we have enough.


Title: Re: Why a lot of projects launching exchanges?
Post by: Misshi on July 25, 2018, 11:51:26 PM
Well, I am in favor of crypto exchange coin. Because there are too many crypto assets we have right now, and we definitely need an exchange to trade them all. It's good to have more options to trade. But I hope all of them are safe to trade.


Title: Re: Why a lot of projects launching exchanges?
Post by: batang_bitcoin on July 25, 2018, 11:54:21 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges,
I also noticed it, after Binance and Kucoin successfully made it's way to the top, others followed their strategy.

i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
Maybe this is really their way of thinking that if they launch an exchange, they will reach the same success like what others did.

But the market for exchanges now are too crowded, too many centralized and decentralized exchanges existing.


Title: Re: Why a lot of projects launching exchanges?
Post by: wvizmanos on July 25, 2018, 11:54:45 PM
I think this is money (earning) driven and savings for a number of reasons:
1. They don't have to shell out large amount of btc in having their coins listed in big exchanges
2. When trading volume comes in, the revenue will be theirs to keep
3. Investors can easily get rid of or get paid for their money
4. Somehow attracts potential investors for reason number 3
5. the list can go on and on...


Title: Re: Why a lot of projects launching exchanges?
Post by: Happydd on July 25, 2018, 11:58:36 PM
There are many projects launched to attract investment capital, business capital for people interested. Good projects will be invested by many people. This is also a form of financial establishment of the project owners. Do you need to determine if the project is good or not?


Title: Re: Why a lot of projects launching exchanges?
Post by: coupable on July 25, 2018, 11:58:41 PM
when you observ the number of token announcements (https://bitcointalk.org/index.php?board=159.0) everyday (only in bitcointalk) since December 2017, you will observ how much tokens need to be listing for exchanges. Even it is easy for ERC20 tokens to be listed in Decentralized exchanges, still need an other exchange platform to be enough trustworthy. As this may be caused by the enlargement of the number of crypto-users everday. I think we will see more exchanges for the near future.


Title: Re: Why a lot of projects launching exchanges?
Post by: Ereun on July 26, 2018, 12:14:54 AM
It seems to be no secret that crypto does have a great business opportunity, launching an exchange based project is a potential way that affects crypto growth.


Title: Re: Why a lot of projects launching exchanges?
Post by: felixesteban on July 26, 2018, 12:34:36 AM
Every day dozens of new ICO launch, so it should not be surprising to increase of the exchanges. In addition, there is an example of binance in front of us, in a very short period of time has achieved an incredible volume and quite satisfactory profits.  It must be appetizing for other exchanges.


Title: Re: Why a lot of projects launching exchanges?
Post by: jiandong on July 26, 2018, 12:40:03 AM
Currently too many exchanges are launched by adding some features like loans, I think we do not need a project like this anymore we've had enough. I think one reason is they can easily register their own tokens and the exchange has a fee so they can earn big profits from it .


Title: Re: Why a lot of projects launching exchanges?
Post by: Luana Trade on July 26, 2018, 12:41:57 AM
yes it is true right now that a traditional exchange at least almenos for me that I did business in it I was surprised when I read that the liqui is doing his own ico erc20 I think it's cool and I'm going to participate in it because as said a real exchange a real ico


Title: Re: Why a lot of projects launching exchanges?
Post by: quarkyplum on July 26, 2018, 01:08:42 AM
IMO, the new ICO project towards creating exchange floors, most of them have unique features as well as creating a revolution for exchange floors. For example, Beaxy, this ICO project created an exchange floor where investors could trade both cryptocurrency and fiat currency.


Title: Re: Why a lot of projects launching exchanges?
Post by: Awoben on July 26, 2018, 01:49:36 AM
I think this is money (earning) driven and savings for a number of reasons:
1. They don't have to shell out large amount of btc in having their coins listed in big exchanges
2. When trading volume comes in, the revenue will be theirs to keep
3. Investors can easily get rid of or get paid for their money
4. Somehow attracts potential investors for reason number 3
5. the list can go on and on...

I quite agree with your points, the listing fee of some so call big exchanges are quite high, which makes no sense. some collect over 2BTC. just for list, mind you, they still benefit from trading fees.
its much easier to trade your coins when your project have an exchange. With time monopoly of some exchanges will swindle because new and better exchanges are popping up.


Title: Re: Why a lot of projects launching exchanges?
Post by: jaocoincrypto18 on July 26, 2018, 02:07:53 AM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.

That is why i wonder too that if a certain product will grow in the society will it still affect their altcoin price that is already in the exhange? that even if there is no more buying of that certain coin in the exchange it shall still going to be expensive because its commodity is actually successfully growing in the society.


Title: Re: Why a lot of projects launching exchanges?
Post by: martinholly167 on July 26, 2018, 03:59:02 AM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
Because it will be the most profitable business in this crypto market.
Just imagine, the number of ICOs and altoins are always growing day by day even in the bear market. Thats means people will exchange more and more tokens everyday.
So exchanger will be used more often.


Title: Re: Why a lot of projects launching exchanges?
Post by: linkHA on July 26, 2018, 04:05:17 AM
However, you need to know that most ICO projects are still in the early stage, so more often people just regard it as a hype.
So if it doesn't show up on the exchanges, it's going to get a lot of criticism.


Title: Re: Why a lot of projects launching exchanges?
Post by: Dexion on July 26, 2018, 04:24:00 AM
I think it does not matter, you should know, that crypto requires a lot of exchange and the exchange must have comfort, cheap transaction, fast, and safe.

the meaning is crypto will always increase every time. until today there is 1500 crypto. and will always increase.


Title: Re: Why a lot of projects launching exchanges?
Post by: Ciucas on July 26, 2018, 04:26:18 AM
They launch exchanges because they know that they will make profit from them. Competition is good for the users, so it's a good thing for us that so many exchanges are launched.


Title: Re: Why a lot of projects launching exchanges?
Post by: Pomualdo on July 26, 2018, 05:07:58 AM

it brings a very big profit, and to take a place in this niche is very important. Crypto industry is only at the stage of development, and volumes will grow, and the exchange earns from volumes.


Title: Re: Why a lot of projects launching exchanges?
Post by: mattnguyen on July 26, 2018, 05:12:46 AM
By building an exchange, you have immediate liquidity for your token. This only applies to fintech projects and ICO advisory services. The problem then is actually getting that liquidity and convincing market makers to use your platform.


Title: Re: Why a lot of projects launching exchanges?
Post by: Artron1 on July 26, 2018, 06:20:28 AM
Every new project in the virtual market will be useful for humanity. These projects are crucial for the development and growth of this virtual market. It will not be an ordinary project, but it will be an effective and useful project.


Title: Re: Why a lot of projects launching exchanges?
Post by: iamMhew on July 26, 2018, 06:34:17 AM
Its because,  creating their own exchange site is more profitble, there are more ICO projects created every week, if all of them had to listed in your exchange you ca earn more profits from them,  like binance and kucoin, they succeed in this strategy,  therefore some of the projects are launching exchange on that matter,  to be succeed.


Title: Re: Why a lot of projects launching exchanges?
Post by: aoluain on July 26, 2018, 06:35:36 AM
We all know competition is good for the consumer. The weak unpopular exchanges will of
course be over taken by the popular exchanges which offer good features for customers.

The markets have changed somewhat with the recent introduction of futures trading, new
exchanges are offering this in the crypto space.

With more exchanges I would like to thing that we will all benefit.


Title: Re: Why a lot of projects launching exchanges?
Post by: hulla on July 26, 2018, 12:34:51 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
I believe the reason behind a lot of project launching an exchange site happened once the cryptocurrency ETF in the US and the EU region, Japan, Malta banks planning to work with cryptocurrency matter arise because those two things are one of the thing which block cryptocurrency from going mainstream.


Title: Re: Why a lot of projects launching exchanges?
Post by: arthur305 on July 26, 2018, 12:51:39 PM
Cryptocurrency exchanges are the most sort after ico projects for investors to invest in from Icodrops analysis so therefore they will keep coming.


Title: Re: Why a lot of projects launching exchanges?
Post by: Neutrality on July 26, 2018, 12:57:47 PM
Because it is easy to rule the price of your coin/token on your own exchange. Bitfinex has usdt, binance bnb and some exchanges have their coins too.


Title: Re: Why a lot of projects launching exchanges?
Post by: omfg.xekcep on July 26, 2018, 01:12:37 PM
I think that it is easy to understand why it is happening because it is obviously for everybody that trading and investing are risky kinds of job and that is why some amount of smart people organize market exchanges. This kind of business is much less risky than trading or investing because they do no risk so much and earn a small part of money from every operation like a commission. Your market broker do the same business earning money from each your operation. I do not assert that these are easy businesses because they require much knowledge and a huge enough capital.


Title: Re: Why a lot of projects launching exchanges?
Post by: Nivelir on July 26, 2018, 01:16:30 PM
Probably the procedure for obtaining permission from the SEC is very, very problematic, or maybe these projects just do not want to meet with SEC representatives, so they do not see the point in this and make their exchanges.


Title: Re: Why a lot of projects launching exchanges?
Post by: CryptoTamer on July 26, 2018, 01:56:34 PM
If you research them You will find most of the same ideas from ICO projects that are launching Exchanges.
The Exchange industry has become a favorite for the founders of ICO projects because they can raise a lot of money from ICO investors simply by copying the ideas of an existing project and develop those ideas


Title: Re: Why a lot of projects launching exchanges?
Post by: BlasterS on July 29, 2018, 04:51:01 AM
I think the reason behind why a lot of projects launching exchanges
because of the increasing of the number of the demand of this is kind of business in this industry because of the investors too.


Title: Re: Why a lot of projects launching exchanges?
Post by: Siren on July 29, 2018, 04:56:13 AM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.

BEcause theres a big profit having an exchager so for those project,they choose to have own exchangers than putting their tokens in other sites when they can accommodate own and have opportunities to have other clients in future.

But the problem is those scam projects they are using own exchangers to victimizing investors and so as the participants,better be careful in choosing one,be sure that people behind ico are reliable and trustworthy


Title: Re: Why a lot of projects launching exchanges?
Post by: bittick on July 29, 2018, 05:07:39 AM
I think the reason behind why a lot of projects launching exchanges
because of the increasing of the number of the demand of this is kind of business in this industry because of the investors too.
The increasing demand to provide an exchange that's trustless and decentralized while at the same time the chance of grabbing money from it is huge.
Exchanges has proven to be a really profitable business despite the difficulty of keeping things on coverage and improving the security.


Title: Re: Why a lot of projects launching exchanges?
Post by: asriloni on July 29, 2018, 05:10:57 AM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
Because it will be the most profitable business in this crypto market.
Just imagine, the number of ICOs and altoins are always growing day by day even in the bear market. Thats means people will exchange more and more tokens everyday.
So exchanger will be used more often.
Remember binance has been generated almost 1 billion revenue from operating the exchange site and the team can get daily revenue if the exchange site will get a lot of demand and it will give a lot of revenue to the team and that's why there was a lot of people interested to created their own exchange site.


Title: Re: Why a lot of projects launching exchanges?
Post by: Turkish88 on July 29, 2018, 05:11:22 AM
I think its after sucess of binance exchange all want repeat it.
But launching exchange its not wasy, especially security problems big, one new exchange recently hacked and now it is scam.


Title: Re: Why a lot of projects launching exchanges?
Post by: chocopapaya on July 29, 2018, 05:15:05 AM
Basically, they have no idea what they are doing and are desperate to make back money any way they can.
I have seen projects who decide to go the exchange route after the ico and all it looks like is a money grab.

The thing is, these projects will soon find out that this will put them more in the red.
We've gotten to the point where really only 5 exchanges matter, and everything else sucks.
The cost it takes to develop and maintain an exchange will be more than the profit if you have no volume.

For those icos that start off trying to make an exchange, that itself is a terrible business move.
The market is oversaturated and really, none of them stand out at all.
We already have incredible centralized and decentralized exchanges, no one wants new ones.


Title: Re: Why a lot of projects launching exchanges?
Post by: babaya on July 29, 2018, 05:18:23 AM
I think the reason behind why a lot of projects launching exchanges
because of the increasing of the number of the demand of this is kind of business in this industry because of the investors too.
that could be one reason opening exchange project,but in my opinion exhcange project have huge potential profit in crypto trading.we can take binance, less than five year they gain profit more than millions dollar.and if it compare with existing company in stock market, they are better.daily volume trading and fee on its is main factor why much project based on exchange.


Title: Re: Why a lot of projects launching exchanges?
Post by: tuanytcc on July 29, 2018, 05:23:48 AM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.

we are just seeing almost of them that are trading in exchanges but not see their application in the real life. Just a few is using as a platform to other apps run on it. In fact, they have real applications, but to apply in the real life, they need lots of time anymore and the number of users who know them


Title: Re: Why a lot of projects launching exchanges?
Post by: thaokhuyen05 on July 29, 2018, 05:28:52 AM
Now selling tokens on the exchange is a wise choice for coin developers. Because of the large amount of capital and the large community, it is possible to create quick liquidity for coin. In addition, it can diversify small investors


Title: Re: Why a lot of projects launching exchanges?
Post by: Ritaaa on July 29, 2018, 05:30:43 AM
I believe that investors have seen one more place to exploit, since ICOs are not proving to be so profitable, the exchange instead generates huge amounts of profit just by offering that service and the more currencies the host, have good volume, the higher your profit will be in the form of fees, some exchange also launches its own currency that almost doubles its reward and utility.


Title: Re: Why a lot of projects launching exchanges?
Post by: Ayobami99 on July 29, 2018, 05:43:57 AM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges, i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
Yea, i think i noticed it too,  are there not enough exchanges already,  but the fact is,  each of these projects are unique and different from others in  a way


Title: Re: Why a lot of projects launching exchanges?
Post by: Viscera on July 30, 2018, 05:12:24 PM
Hello guys, have been participating in a lot of projects bounty and airdrops lately, i don't know if am the only one seeing it, most projects keeps launching exchanges,
I also noticed it, after Binance and Kucoin successfully made it's way to the top, others followed their strategy.

i was hoping and thinking crypto and it projects was suppose to grow and carry the whole society along to grow and let economy improve in some part of the world.but instead they all diversify into exchange.
Maybe this is really their way of thinking that if they launch an exchange, they will reach the same success like what others did.

But the market for exchanges now are too crowded, too many centralized and decentralized exchanges existing.
That's how the market moves. Anyways there will be a million ICO on its way so we could finalize that after the successful ICO they voting for listing in an exchange. Either way around their are possiblity that coins could failed due to some regulations, community funding?!


Title: Re: Why a lot of projects launching exchanges?
Post by: Sean25pogi on August 03, 2018, 06:06:30 PM
I think the reason why a lot of project launching exchanges because of the higher of the demand that still increasing or let say this is the daily needs of the transactions of the business.


Title: Re: Why a lot of projects launching exchanges?
Post by: enawati on August 05, 2018, 01:19:21 AM
I think this is because they have seen Binance exchange that successfully received profit multi billion dolar in 1 years. On the Binance exchange there are a thousand transaction per second and they get alot money from transaction fee, so others project also want to make the same profit.