Bitcoin Forum

Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?

I think it is not only cryptos exchanges are developing, also we can talk about ICO and Token Sale projects which you can invest in =, get profit and do smth good for the society. For instance, I have found a trustworthy Token Sale project. It is called Socratus. It is a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. They are aiming to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices.  It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.

More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.

New exchange usually does not have a large daily volume
because they do not have many users yet
so it will not have too much effect on the price of crypto
but be careful because the new exchange can do a scam when their wallet is fully loaded by their users' money

I think its fine to have multiple option as it relates to exchanges but we all have to be super careful and beware of scam so we dont fall victim

    Yes ,there are so many exchanges operating niw in crypto world. I think there is no problem about it. It is much better to have many choices and it is depends on you if what exchange do you prefer to use.

100s of exchanges and 100s of different and stupid rules. For example HitBTC. They have really strange rules(!) I lost nearly $50 with my coins. For all markets you have to trade 10s and 100s, and your small amount of coins is their now.. This is not fair, there should be some rules and all the exchanges should accept it..

In my point of view, it is not ok. It is better to have a fewer number of exchanges because the flow of crypto will be much easier to predict. However, the good side of this is that the chances of the exchanges being hacked is slimmer. Nevertheless, I have never traded on any exchanges in this year so thanks for the update!

I think it will be fine, although more and more new exchange is popping up, maybe this way the price of all cryptocurrency will crawl up and stable .. !!!

As long as they aren't scam, its fine and that is competition thats becoming tough these days.

Competition between centralized and decentralized exchanges are becoming of a trend because of too many new exchanges are coming to the market.

Worried about the division of volume? then who have most will win and traders will jump on it.

it is not a problem with the addition of new exchange I think it will be good for the development of crypto, so altcoin is increasingly easy to be traded and there is no constraint

Id say keep an eye on DEX such as bitshares - privacy will be the big thing as we make the move mainstream

I have no problem about the number of new Exchangers. I just hope every exchanger can really maintain the security of its users. Especially keep any data from Hacker.

I agree, it will matter only on the security and also their transaction fee. The number of of exchanges doesn't affect the price of crypto but rather affects the transaction fee. The demand of the exchange is the competition. Just like the normal market if there's a competition they will lower the price or have a promo.

For me its good to have many exchanging sites to choose from. We will just choose from them wisely. We must make sure our transaction is at its safiest

if more new exchange in my opinion the better and we get a lot of exchange options, but must be careful to choose the new exchange because a lot of new exchange a scam, I prefer the exchange that is old and already has a good reputation such as poleniex, binance etc.

I think it's great that many new bourses are emerging, because we ourselves also know that now too many coins are popping up, so it can accommodate the coins that come.

in my opinion the price will have an effect because of the many coins that appear every day and this makes the price becomes down and up is uncertain so it is difficult to read the movement of coin.

For as long as these exchanges are correctly registered and jave complied to the requirements of their respective countries, it's all good. I don't see any reason why volume distribution acriss platforms is a bad thing. If anything, it contributes to the decentralization and further prevent a Gox 2.0 from happening, among other reasons. It is actually great that more of these exchanges pop up; I just hope that they are correctly registered so as not to have further complications which may affect people in the end.

I think its ok and its great to have more exchanges, who knows the site can promote better than other exchanges and attract more people to invest in crypto, as long as the new site got a good security and serious about creating a good and legit site, then I think its okay, and new exchanges won't affecting the price

more competition, it would be better also service that will exist
the community can get more choices, it may be true, if the volume is still small, the effect on the market price of coins is not so great
but, everything will grow in time

I like smaller exchanges for newer and smaller altcoins. The more exchanges the better it is for me as I can spread out my coins into different accounts. More of a security thing and anything else for me. But of course I could just get hardware wallet but I choose not to. It's up to you. I would do some research on the exchange first before indulging into it right away.

I think it's a good thing. Usually more competition means better service. While also giving the user lots of different options and so that they won't be stuck with a monopoly exchange company. New exchanges are usually small at the start/ Smaller exchanges also have lower fees so I like that about them.

I think its great thing.about the number of new exchangers.I hope every exchanger can really maintain the security of its users .Especially any data from hacker.

             Yes i think it would be great to see a competitive market and hopefully could increase the kinds of services we could choose from, but more importantly is the security of one exchanges we wpuld like to choose, or over all ots quality of service we can avail in an exchange.

New cryptocurrency exchange joining the cryptocurrency business won't have much effect on the market price if those exchange site are actually from the countries that already have some operating exchange already but if the new exchanges site are from countries which is yet to have their own exchanges it will definitely have some impact in the market price cause the exchange will literally evangelize cryptocurrency and it will also improve trading scheme by create competition between cryptocurrency exchange site by creating low trading fee, depositing or withdrawing fee charged by some exchange site.

yeah this effect makes new assets more regular and can be traded in new markets and the existence of new markets create new assets that can not afford to be listed in top market can move register in new market.

That's a brilliant idea for all exchange site developers, because this could help old traders to have another chances to earn more profit at lower transaction costs. The reasons why new exchanges were showing up was due to rising transaction fees, so with the current development of cryptocurrency trading competitions we need new exchanges in order to equally distribute the orders. This will help our asset value to grow faster, if you hold enough amout of crypto.

Well said. I can't agree more.

It's good and bad at the same time.

Good:
 
 - Multiple trading platforms increase the decentralization.
 - It reduces the impact of hacking.
 - More currency distribution and more payment options.

Bad:

 - It makes cryptocurrencies more like banks, in the long-term.
 - Adds more restrictions on the use of Bitcoin as some platforms will require a lot of documentation.
 - You do not have your private keys, meaning you do not own your currencies.

It depends on what is the main objectives of this exchangers because this will be the sanctuary of the funds from the investors and campaign participants of every projects.

If this exchangers are really wanted to have good controlnd management of those coins then this is helpful but if they were just doing this to victimize the people then we must be vigilant

It is fine and that gives the investor more choices.  I hope they are out to compete fairly and put investor interests first ,no fraud or property theft.

yes I am also thinking too.but my opinion is,may be many exchange are coming but they are not good potential.so we should be careful about new exchange. new exchange can't effect for market rate I think.becouse not much peoples to trade in new exchange so that volume is no large. that is the main issue I think.

Just because an exchange site didn't have large volume doesn't mean they are not safe or won't have good impact in the cryptocurrency market. However, most of the new exchange perform ICO sometime in other to boost their volume.

  This are good news for crypto currency market, a new additional coin in the market as posted. Almost every investors would set up their product for possible ICO, this is the new trend on the market today. product posted for ICO have a high degree to attract more investors in the market. it only dependent on what kind, how it is  feasible in the market, and we will see a lot more exchange soon in the market.

I do see that there is a lot of new exchange in the future, but I do not think it will affect the price of coins, because the more new exchanges, it will be a lot of options for us to trade, and we can compare it with the exchange of each other.

Yes definitely it's a good impression for the bitcoin and other digital currency holders that more and more exchanges are coming which can cause the more coins are on exchange and people have to wait lesser and it can cause the more regulations of the digital currencies around the globe.more the regulation the more the coin would be stables.

I think it is ok because people has a lot of choices what exchange to be use and not all coins are listed in just one exchange.More exchanges also means that crypto continue growing no matter what happen to the market. There is no one can stop the development of cryptocurrency.

Today I asked in a telegram group that " when will this coin listed on a new exchange? " Admin replied, In August we will launch our own exchange platform! I was really shocked! Why are so many exchnages coming now, why? It is not good for the crypto and I have agreed with you that it separates the volumes and maybe it affects on the coin price. We may avoid new exchanges, because many people are making the exchange platform to scam people.

Competition is a very good thing in business as it will enhance improvement in customer service, turn around time and ultimately lead to good rate for customers. One important thing is to be sure to check very well before you deal with any new exchange because some existing exchanges still have reputation issue.

I would say, the more the merrier! :) To be honest, each new player in the market is supposed to bring something new, pushing all participants to innovate and create solutions that were previously unavailable. Thus, it is a good thing for new exchanges and trade platforms to open up business for cryptos. If you wish to check out some existing platforms, read this blog https://www.cryptocointrade.com/.

I don't think this is a bad thing. If the exchange does something harmful to its image, it doesn't make sense to create it. So for 5-10 Bitcoin they can not want to look like a thief.
The worst thing that every huge exchanges are centralized. That mean is there is not a freedom and when they want can block your  money.

Yeah that's true but how can  make sure the security of their investors and the legitimacy of the excahnge because its very important to for us to avoid scamms or losing of the investment.
I will introduce to for guys this trading exchange nexybit please to learn and registered to this newly trusted platform.

They are coming out with more improvement for some the  things to make trading peaceable and enjoyable for everyone with expert or newbies in the Crypto space. Some platform are too hard to navigate. The user interface is not friendly. While transactions fee too high. In term of general market.. I do think because of more exchange will affect the price.. No.

These exchanges, they come and go. Most of them are so useless, they would act like they are building their reputation but in reality, they are just trying to deceive people. Exchanges are asking for KYC and crypto enthusiasts aren't liking it. So most of the exchanges just build their trust and block everybody's funds overnight.

The more exchanges exist, the average price starts to differ. Its a good thing, as the law of demand and supply can work more rationally. If lesser exchanges exist, the price can be manipulated by insider trading and many other illegal practices. Exchanges aren't the only thing that affect the prices.

It is one of the lucrative sector in ICO hence many people getting involve. The fees generated through trading is what makes it profitable for many exchanges coming up.

My own major feeling of accepting rooms for more and more exchanges is to create the choice of competition and variety of choice for traders. When there are few of them, we have them having stringent rules for withdrawals and trading commissions  I.e the hitbtc and docademic cheating issue.

of course it will affect us will be difficult to determine that the tokens will survive or not and will be more difficult if you want to invest in their token / coin because not tested unlike other coin.

Well, most of these new exchanges that are coming into existence do not only deal in cryptos. Some add commodities and others express their vision in a different way which depicts that they want to add something new. With regards to whether this can affect prices, yes it can. I have read quite a number of whitepapers and most of them are interested in a decentralized exchanges.

For me, it is the best because the adaption of cryptocurrencies are increasing, so there will be no problem at all, but they should secure their exchanges because most of dumps nowadays because of hacks on different exchanges, that's why they should very strict to their security policies.

I think it's good for many exchanges and still if it's safe and good no matter, many new companies are getting more competition / competition

The reality is that e-money is obviously unstable because of the relatively small size of the market. As market capitalization for electronic money increases, it will be followed by the stability of electronic money. And once that happens, they are more likely to be stable than government-issued banknotes.

I think it is good to have many exchanges, the more options we have, the more we can decide which exchange to trust our tokens to. We just need to be careful cause there are some new exchanges which happens to be scam and we don't want to be involve with those exchanges. Better choose trustworthy exchanges for our own safety.

Better if the volume spreading than it concentrate just on few big exchanges only. Small exchanges is important too.
There are few big exchanges require minimum deposit and for peoples who cant afford this requirement, can use smaller exchanges.

It is okay as they will compete with each other and continue to improve to be the best. It's good that the volume is being spread rather than only on one exchange as we've seen what happened when mt.gox get hacked. They can create new exchange but only the good one that will stay.

A large number of exchangers is good. Because we have a greater choice. But in the future it may happen that most of them will close with other people's money ... so I would not invest a lot of money in small exchangers.

I suppose it's okay that we see new currency exchanges. A lot of these exchanges will be released but the main challenge for them is to survive the cut throat competition in the crypto industry.

if many new cryptocurrencies arrive it will give new view and give new currency value and this gives new challenge for bitcoin users and the cryptocurrency is causing bitcoin up and down.

i don't think we need more exchangers. Most of them are ridiculous and "scams". We just need 3-4 exchangers + maybe some more decentralized exchanger in the future, nothing else.
No sense to open one new exchanger every month, cause we don't have enough people in this world yet.

Why not? Binance is on the way to making $1 Billion profits (https://news.bitcoin.com/crypto-exchange-binance-expects-up-to-1-billion-profit-in-2018/). So there's still a lot of money to be made eventhough we already have a lot of exchanges. Yes, competition will be tough but the real winner here is us, we now have so many options at our hand and we can freely choose which exchanges we gonna put our money with. If some exchanges turns out to be a scam, then so be it. But if you remember Mt. Gox, we only have which took the bulk of the trading volumes that time and we already know what happened, and after that the bear season started and its just in the last couple of years that we truly recovered. And as long as people are willing to pour money into the crypto ecosystem, I think more exchanges will be born in the next years or so.

I will welcome legit and no-scam exchanges so that more and more people gets access to crypto.

Its ok to have new exchanges coming in so longer the tend to be more better more reliable effective free from scam and having more security its not bad news its growth coming into the world of cryptocurrency

If people want to start their exchange then let them start their own. I don't see anything wrong about it. These exchanges can be compared to gambling sites you see a lot of them are being announced left and right because both of them make money from their customers. Not having enough traders shouldn't be a problem for the majority since we are not operating our own exchange.

New exchanges are okay since we can't really stop anyone from having their own exchange. Volume is not something i'm worried about because there are still new coins being mined plus the price of several coins are increasing yearly.

Personally I don't see anything bad in these new crypto exchanges, which are entering the market. Such situation only shows that cryptos are in demand and crypto platforms are needed too.

I also think that it's quite ok. If a person have an idea in this area, then why shouldn’t he/she try? It's not always possible to predict which project will become successful. But I'd still give preference to reliable and time-tested exchanges, like cex - https://cex.io/.  So, good luck to new platforms, let them do their best :)

those exchanges which start with airdrop of their exchange token will completely become dust after several week, so no effect to crypto market volume. also traders will always go to the safer and more crowded exchange

I believe its better to have many exchanges so that hoarding and centralization of market would become diminished and eventually be gone. After all, its what we love about cryptocurrency, the decentralization. This will give people more choices and exchanges would become even better because of the competition in the market in which will not exist if few exchanges are in the industry.

Yes it was okay it was depends on the project where they are going to be listed and new exchange must need to proove their platfom to get trust in the community if they had bad impression do you think they will accept it? Ofcourse not right ? They will still choose the best exchange to get listed so that they will have a good feedback in return.

In the event that more noteworthy new change in my part the higher and we get various change options, yet should be mindful so as to pick the new change because of the reality heaps of most recent change a sham, I select the substitute this is vintage and as of now has an extraordinary prevalence comprehensive of poleniex, binance and numerous others.

my opinion is,maybe many exchanges are coming but they are not good potential.so we should be careful about new exchange. new exchange can't effect for market rate I think.becouse not much peoples to trade in new exchange so that volume is no large. that is the main issue I think.

No matter how many new exchanges come every month, if there is not volume, then bitcoin will have no benefit from it. Bitcoin volume comes from top 5 exchange, rest of just a bit of support. So we need big exchange like nasdaq to gain volume.

if you see that development is so rapid and many, I think that is very good. Because that way, means crypto currencies are increasingly in demand. Even though the prices are different from one another.

For me, it is ok even if there are many new exchanges hhat are coming out. As long as those exchanges are good. So that there will be a competition between any other exchanges. And i think it will help grow the price of cryptos.

More exchange will let trader and investor have more chance to choose, and competition will make market develop. Exchange with low quality, not reliable, high cost...will be remove

I think centralized and zero commissioned exchanges will have great popularity in the future. There are a few exchanges working in this area. I think we can hear their names in the future.

More  option if we have  lot's of exchanges  because we have lot's of  alt coins today  :)   as they say if  they don't  reach  volume    it will  not  be added  in the exchanges. Just be  carefully   ;)

With all new exchanges I would first careful. Many exchanges have disappeared when customers have made enough deposits. You should already inform yourself correctly about a new exchange and see who operates it. Also, you should not store any coins longer than necessary there. In addition, you should first use small amounts to test the exchange. Of course, many exchanges are legitimate and reliable, but some of them are certainly untrustworthy. Caution is always good.  ;)

I don't understand why would one consider investing in a exchange especially a new exchange, considering major scams happen at reputed exchanges so investing in a new one is a no go. I have often suggested not to park your money in a exchange it's dangerous, and no exchanges cannot effect the prices but if it goes scam it surely can pull it down.

I thought it would be fine because the more exchanges would be better for us, I would have issued a lot of tokens without exchange and that made us difficult to withdraw them.

new exchanges are launching but they are not getting more investors, we need to do proper research is this exchange safe or not or its a scam. because security is a big concern for exchanges and investors. most of new exchanges get fake volume and market cap to attract new investors and than they scam peoples. new exchanges is good for crypto future but legacy is much important thing.

though there are lot of exchanges coming from now where I'm not confident to do trading with them even they are claiming low charge fee and high security i'm just only doing trading to exchanges where i think already proven secured and have good reputation such as kucoin, binance, coinbase and hitbtc

exchange sites competitions can make your coins/tokens price higher, but the worst is, some of them are let says not trusted to use or has a low reputation to have our trust. although some of them has a better offers to use the sites. we are prone on hacking if we do a lot of trade in separated exchange sites.

in my opinion I think it is not bad for more exchanges to exist. The cryptospace is now growing and expanding and we need to get secured for the incoming future expansion. So if many exchanges come into existence to serve the community it would be good (but of course i mean the good exchanges not just any exchange).
The situation that happened to Binance last year showed we weren't prepared for a huge trooping of masses.

In my point of view new exchanges will open more gateway for its users as we all know that all the forms of crypto currencies are becoming very vast and are making their reputated place in the economic market so the demand of new exchanges are also increasing as more and more crypto transactions are taking place and according to me , the opening of new exchanges will inflate the valuation of bitcoin and this is even beneficial to those countries also where bitcoin and other crypto currencies are banned.

I think the lunching of many exchange platform as no effect in market price rather it boasting market price if assume with the latest increased in different ICO with different coin today only one or today exchange are i guess it won't be really easily to manager, because even with many exchange around us some time speed of does exchange are not encouraging, so the fate is lunching new exchanges will really benefit the day to day cryptocurency trader and also reduce bug encounter during trading or platform registration.

I believe that the emergence of new exchanges (honest) is a big plus for the crypto industry. This is a popular crypto currency. That's cool ;D

I think its ok because every day people gets to join the crypto world to trade and invest in other to make profits, this exchanges helps to reduce network traffic. Shave you see when a new coin is been listed on one exchange you send your coins for two or more days you did not see it in your wallet?'' thats what many exchanges helps to avoid so there will be room to make choice on were you can trade perfectly.

When NEX comes out it is game over !

Many new Exchanger appeared. This has become a natural thing. Because in my opinion, having an Exchanger will be very profitable. We can still profit even if we don't have cryptocurrency.

I do not see what you see wrong about having many exchanges? The point of cryptocurrencies is decentralization, if we have many exchanges then we have less points of failure, and basically once that decentralized exchanges become the most popular form of exchanging our cryptocurrencies then the only weakness in the system will be when we exchange our cryptocurrencies for fiat.

can it be identified with progress? many platforms are good, the market will be more crowded because there are many choices, the price depends on the coin itself, each coin must have its own strength, competition may exist, it will show which coin is the best then the coin can survive, like btc until currently able to survive and still be the first, that's interesting, if a lot of platforms appear you don't have to panic I think that won't hurt or have a bad impact on an existing coin

Maybe more exchanges are coming for me it was ok atleast they are trusted and prices of the coins are worth it.
Actually they have many exchanges but too hard to use it.

The numbers of Cryptos users eg traders, gamblers etc are growing rapidly and definitely this calls for more and new exchanges to accommodate the new users however credibility and reputation of the new exchanges whose securities features must be  state of art and established under a law in that country to avoid scam.

It is good news that there are a lot of exchangers are coming it means our comfort level are also increasing but the major fact in trust and work quality.

More and more Exchanges will help crypto to be reachable to mass people, so, new exchanges are okay unless those try to scam.

It is a good news because the more exchangers will the more people will frequently deal with bitcoin and also it will make our work very easy.

I think it's perfectly fine. For new altcoins I would go for smaller exchanges due to the less transaction fees but some might have very low volume which might prove to be a difficulty. More exchanges mean more people will be able to use and exchange bitcoin.

Those new altcoins tend to go to small exchanges first because most likely to be listed in those exchanges, you need community votes or just  a small fee compared to those big volume exchanges. When the team has just raise enough money and not reach hardcap then they would be having a hard time being listed in those kind of exchanges. I hope the new exchanges would study the shortcomings of the existing exchanges so that they would be able to attract more users if those issues are addressed.

New exchanges usually do not have a large daily volume and that is not good. It's better to have fewer exchanges because crypto flows will be more predictable. However, the good side of this is the possibility of exchanges being hacked less and being careful with new exchanges because they can make a scam when their wallet is full of their users' money.

I think you should have list atleast five exchanhes that you say are coming as new crypto exchanges?  Does exchange site affect price?  Then how come?  And foremost why going to jumo into a new crypto exchange if we already have secure and legit and good functioning crypto exchanhe like, bittrex, binance, bitfinex?

More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.

I think it is OK and it is our opportunity to make more profit because we can add our balance to every exchange and it is for the exchanges itself because they can compete to give the best services to their customer. the price will always different from one exchange to the other exchange but sometimes, the price can increase higher because there is a big volume of the transaction and that is the other benefits for the traders. the exchange's business giving a big profit for the investor but they need to have a good service to make their customer satisfaction with their work.

I think it will not work out for trivial projects. There are a number of projects that make trading floors very fast and that will not create much credibility for many users. I think the old trading floors are better and more reliable.

I am glad heard about new exchange is coming, but will new exchange using by ico team for listing their coin or not, many ico still delay for listing their coin on market and hope new exchange have working well with ico project.

even though now there are more and more new exchanges, in my opinion it will not be a problem, it will be fine, hopefully with a lot of new exchanges it can help crypto prices rise to a higher value.

It also depend which people going to choose. Many exchange means many options, and find which is the most competitive one. Though it all about where you can exchange, there can be a difference from it. Maybe you are convenient with other one and complicated the other one. Maybe it can help to get high price but hopefully find something that do transactions with lower fees.

Although there are many different types of new exchange are coming. l think it's benifishery to all because we can choose profitable exchange. but we should be careful also from scammers.

New exchanges formation doesn't really dilute the volume but it actually helping it to grow more! With the new exchanges, coins are listed over there and thus more investors are getting to know it. This is because it is not the case that person A who is using the exchanger- X will be present at exchanger-Y and thus his investment into that exchanger is null. But now if there is person who likes to have exchanger-Y then he might be contributing his investment over there and thus making more volume for the same coin. This is how it works and thus the coin is actually getting more popular and at the same time it is also getting more volume shared.

I see now the majority of countries in the world have at least one exchange cryptocurrencies or even more. And I think that's OK, because that can be used as a benchmark for the interest and growth of cryptocurrency in a city or country.

I think it is okay, as long as the people that using it will help them, that this new king of cryptocurrency exchanges could be helpful and also it can help the cryptocurrency to grow more.

I believe that with more cryptocurrency market goes on work, there are also many options for traders to choose from and i am quite sure that exchange rates or transaction fees will become lesser as competition is going nose to nose. As long as these crypto markets are legit, its effect will be in the favor of crypto traders.

Its true there is new exchange every week, but i think people will choose comfort exchanger. When we choosing exchanger, we must considering the security of our coin and token. Competition on exchanger will getting tight and they will offering tight trading fee for their customer

I think exchanges hype already past.
This new exchanges late at mininmum for one year.
Today need create platforms for injecting crypto to real sector, there is the next step of development

The more the exchanges the better because of competency in which Crypto holders can be able to choose the best exchanges with the cheaper fees to offer for the best services and sometime they offer free listing of the new tokens on their sites. More exchanges will help the coin price to become more expensive as the supply volume will be more divided and it will be easy to reach the users.

This is actually have a bad effect which besides make volumes separated but it also give a new tokens/coins a chance to get listed on the new exchange than choose the old one. And most of these new exchange didn't care about their security, they just make a new feature but ignore this important role.

I don't see any problem on it, as long as they are legit and operating on a secure environment I don't see any issues at all, I hate to see one or three exchanges having a monopoly of the industry, we need good and healthy competition so we can pick the best and secured exchange in the market.

Let them be. We all know few top exchanges that we all using. Small exchanges with small 24h volume are needed too. Maybe some new exchange will add something new to the crypto market.

That is a very good one, for more exchange created towards the community, like wise the way we have many alt-coin trading, Hence it we improve value in the industry

if you take a look at the past, you can see that the biggest exchanges are constant being dethroned and new ones are emerging.
Right now everyone is going for decentralization in exchanges and it have its benefits as not seeing fake volumes.

For me it can be because there are so many scams of exchange and it's hard to transfer to another exchange especially when you do not know whether or not a scam is because the exchange is only reliable in bitcoin

Most exchanges are just trying to cash in on the hype train, they offer very little added utility to the community and yet keep popping up like cockroaches. The vast majority of new exchanges have ridiculously low volume making them susceptible to pump groups, which is exactly why some coins get completely destroyed shortly after listing.

Having a multiple Exchange everywhere is good as long as it is secure and the owner have a good credibility. Having many exchange in cryptocurrency means competition and more competition means better service and less transaction fee.

maybe it's legitimate, and it will definitely have a big influence on BTC, but in my opinion there is a positive side too because crypto varies, we can also invest our money in crypto in many places like stocks, like warren buffet. don't put eggs in the same basket :)

I think the increasing in exchange can make the altcoin volume increase, so that prices can be pumped because of increased circulation

Having many exchange, especially decentralized, is never a bad thing. Of course, there's a chance that some of them will be scamming people but the bottom line is, they have more options. They can choose from a variety of exchange that provides different services, not only those who only want the traders money like binance.

The adoption is increasing like crazy, more exchanges means more liquidity and exposure. Of course that funds will split between more trading hubs, but there is plenty of BTC and number of traders is increasing... or decreasing?! :))  However, I noticed that new exchanges have a hard time attracting volume. I think that people will stay on the 'veteran' platforms as long as they don't get hacked or something.  ;)

You should be careful because new exchanges can make a scam when their wallet is full of their users' money. Based on my experience usually new exchanges usually do not have a large daily volume, because they do not have many users. So that it will not affect the crypto price too much.

It is fine with me because, new coins keep sprouting and there need for more exchanges is equally important. I think it will generate competition among exchanges and this might lead to a more flexible rules on these exchanges.

I Think it is good for the crypto world. There will be competition among them and the listing price will crash. More exchange are still in their ico stages meaning we will soon have more exchanges. There will be choice of where you can  trade your coins based on service charge, scalability and security. I support that we even have more of those exchanges.

absolutely right, usually the new exchange does not have a large daily volume. because basically there aren't many users.

A healthy competition among new exchanges should positively affect the quality of customer service. The only big disadvantage of new exchanges is small volumes of trade and low liquidity of tokens.

A large number of new exchanges that appear every month indicate that the crypto-currency ecosystem is expanding and growing. This greatly increases the stability of the crypto currency and the credibility of people.

yes, it is okay, no problem with that. some will keep survive, but other will soon disappear. the price depends on its function.

If after making an order of selling or buying any cryptocurrency can  completed in the end by any exchanger the grown of exchanger number will be a benefit for trader

Many exchange is good because it prevent's pump and dump.
People who pumps and dumps coin needs to have a group of people in different exchange to pump/dump together.
So, many exchanges will prevent that

Yes more and more exchanges divide most volumes on most popular exchanges. But I think it's good if we have much and competent exchanges and not one or two.

Some new exchanges will add something new to the cryptographic market. So we improve the value in the industry. To me it may be because there are so many exchanges of fraud and it is difficult to switch to another exchange, especially when you do not know whether or not fraud is because the exchange is only reliable in bitcoin

Many and many more will come but this has to do anything with you or the price. It's just a matter of fact that many new entrepreneurs are keening to gain profit from that - and that's good because it means it's something value. And no one can no lo longer argue this is just scam or fake or whatever  they used to say. This is real and like real economy we'll see adoption even more with exchanges and what so ever.
Never stop believing. Take care

It can be only good for crypto as many exchanes means more users and more decentralisation then exchanges like Binance wouldnt have so much valume and woulnt manipulate with price.

Many exchanges much better, but all investors be careful and be more observative in every new created exchange because some of them are created to scam many traders and investors. Also crypto exchange may help to advertised to catch some attention of many people to engage in crypto.

It’s not a big deal if the overall volume will be separated among several exchanges. It’s even less desirable to give the full control over the volume to a single marketplace. People will choose the reliable and time-proven exchanges like CEX and trade there, buy btc (https://cex.io/btc-usd) and scam projects will disappear. New exchanges may be successful but they will need to offer better features to attract traders. The only real threat for existing marketplaces is decentralized exchanges as they should be really secure and convenient. But now they are still underdeveloped. I hope to see the real competition between CEXs and DEXs in the future.

Same goes for crypto's. The more coins are there, the more split with each market caps.

But this is good for traders, you can choose the exchange where you are most confident with. This also divides the volume of each trade, stay only to those with high volume.

Volume is getting low day by day already. Most of exchange tries to list new coins/tokens. I think, we have to find a solution this exchanges issue. Everyday opens new ones.

Yea many good exchanges are coming and some have been launched already ,I kinda like digitex and DX.exchange but all the same some are fakes too ,one have to becareful when using exchanges this days ,you send coins successfully but to withdraw ?

That’s one of the factors that im thinking as time goes by specially ICO projects that seems to be just the same, thats why uniqueness of an ICO is important also just like its features. Its just a matter of the company’s goals and service to make people loyal to it.

Couldn't agree more

We also think it is fine. Another very interesting development is that exchanges group together, so that the order book you see at one exchange is actually the aggregated order books of several different exchanges. This is done in order to increase liquidity, and we think that's a great development.

The interested crypto-enthusiast can note that we have the biggest list of cryptocurrency exchanges (old and new) in the world. We list almost 400 different exchanges with data on fees, deposit methods and more. So, check out our Cryptocurrency Exchange List (https://www.cryptowisser.com/exchanges/)!

All the best,
Cryptowisser

I think a lot of new exchanges now because every country has its own exchange, like in Indonesia they have 3 exchanges and maybe there will be many new exchanges in the future if people in each of those countries start to plunge into the world of crypto.

In General,this is certainly a good sign,saying that the cryptocurrency is developing and requires new resources.I think it will have a positive impact on the market.On the price of coins is not affected, but the price for the transfer and exchange operations may be affected.If there is competition between the exchangers,they will try to create more attractive conditions for cooperation.

That's a good thing you can't look at it.We are developing and we have a great future.The more means of implementation, the more opportunities there will be.

For me, I do consider it a good thing that plenty exchanges are coming up, this will make the system much more viable and free... It also creates room for more awareness to further push the crypto world. However, everyone has to be very careful with newer exchanges as a lot of scams have been integrated to exchanges.

everything will be fine, with the increase of the exchanger that means more choices can be chosen by investors and traders to buy, they can compare prices and will definitely attract new investors.

The crypto market is very new and therefore the more exchanges the better for the dissemination of the use of cryptos worldwide. Competition will stimulate better services and lower fees to be charged to investors.

I think this does not cause much disadvantage for bitcoin. More and more exchanges new  and this is how the market grows and expands. Investors have many options for their investments to maximize profits. That has helped the world of electronic money grow stronger.

I think as long as better alternatives are coming out it's a good thing. This will make other big exchanges to answer the needs of the communities.

I think that yes it is ok why not? what is the problem? i don't see any problems at the moment. the more, the better. we can choose the best one and to enjoy its advantages and special opportunities

I see that increasing exchanges has many positive aspects
It increases competition
Whales are prevented from dominating the market
And helps to spread the idea more.

Competition is always welcome to bring better services. As the market is very new, this trend of new exchanges will still prevail, however in the coming years the tendency is for this movement to decrease and a consolidation, with the purchase and the merger of companies, starts

I think those new exchanges are not very attractive and don`t have too much potential to swipe the volumes which would really affect the market in general. So it is not too relevant in my opinion.

In my end more Exhcangers are welcomed but in other words let them be legitimate and secure so funds won't go missing. It's a welcomed development into the atmosphere of CRYPTO.

that's what I'm still confused about, why every time there is a new altcoin there must be a new exchange, what does it not become a volume separation, I am worried because this bitcoin is increasingly abandoned by interested people, because the more exchanges the bigger the fraudsters can do with the exchange.

It couldn't affect anything if there is more exchanges, new exchange must be proove their own platform before many user would trust on it the volume would stay remain even of they are seperated it will be count as one, there is nothing to worry about everything would take place.

I think its OK because they creating competition. They will offering security and lower fee and fast execution. Its good for cryptomarket because more people will join in this market

More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.

Haven't you realize that the more crypto exchanges to choose from, the easier to trade your crypto assets? It also make the competition of cryptomarkets good as they are trying to have features that others don't have and transaction fees will also goes down too.

I don't really like this system. There are hundreds of exchange in the market and every one of them has different rules and fees. And also some of them has really stupid rules! The system make you use multiple exchanges because every exchange has different token. I wish that every exchange has ever coin so we can use it easily. I am using more than 10 exchange now and it is very complicated. Different passwords and codes and mails. Too much time wasting! Poff!

Let there be a new exchange, because ultimately natural selection will answer. That is, if the market does not respond, of course it will eventually die on its own. Competition is not something that needs to be feared, because it becomes a necessity. Who survives is what the market responds to positively.

in my opinion this is very good. because of the many crypto currency exchanges. it shows very high crypto growth. besides, if crypto exchanges are everywhere, crypto users don't have to worry about using their crypto. for the volume must have an effect on the price. but it doesn't matter.

It cannot be blamed for subjective freedom, I understand well this year, but if next year continues it will make it unclear because crypto users are still small and the volume in each market will not develop well.

But in the end those who make conclusions are investors and traders, they will return to popular markets and do not want to try markets that they consider not prospective. I still think that a large number of markets still make the ecosystem look healthy because sometimes popular markets have policies that are controversial or even corrupt.

More exchanges leads to competition of trying to be the best exchange  same thing to the coins in the markets so to my own opinion there should be a common rule guiding them  to enable users to make good use and not being victims of scams.

With every thing if more then it is good for the market to free from monopoly and if many exchanges in countries like for every country if exchange is available so people have no problem of language and they could feel comfortable With ADAB exchange the people of Islamic countries will make a happily entry into crypto and this exchange will be the successful exchange in the Islamic countries so i wish that it will expand in though out the world.

the more ICO projects the platform is an exchanger, it is indeed not easy. they need a long time to make their platform run smoothly. therefore we cannot blame or assume that a new exchanger project is not good

I think we have enough amount of exchanges, and there is no need to another regular excgange.
Need to wait when we step to next gen decentralized exchange, which works more faster

The coming of new exchanges is providing us with more options to trade our assets onto, but the problem with the coming of a lot of exchanges is that they are making it more confusing for an average consumer to make an account as there are many tokens that are listed on only a few exchanges, so this makes it difficult to trade new coins for people as they have to make accounts on more than one exchange to trade those tokens. There should be a central body to govern all these exchanges.

This is OK. New exchanges can't affect to price.
Traders choose "big old" exchanges. New exchanges are not stable..

I think nothing is wrong with the amount of cryptocurrency at the exchanges. For each coin will be a buyer. Same thing with exchange platforms too. Those ones that are not in demand will disappear from the market fast.

It is good that so many exchanges are coming up, which I believe will help some projects to get listed and avoid the huge amount paid to top exchanges. This does not rule out the fact some of this new exchanges are just up for their selfish interest.

as long as a new exchange appears, and they do not provide a unique feature, then the exchange will only be an ICO coin registrar who has just finished holding an ICO
they will not be able to compete with Binance or Bittrex who already have customers and also greater income to destroy marketing strategies

I think with many new platforms will appear. It will compete for development. and of course when this platform is prominent and has many advantages, it will attract investment attention. Therefore, more and more daily exchanges will help the market grow.

This is good many exchanges are coming this means many users would really love to and interested to use. Also, this attracts other people in crypto to join and invest since having a new exchanges makes people interested in crypto.

Even though the volume is separate, but if the new exchange still has a small volume, the price of the coins is not very influential. After all, most bitcoin holders will only trade in the old and large exchange. Exchanges that have large volumes will benefit faster than new exchanges that have small volumes.

It is good to have more exchanges, healthy competition is always good and can help in price reduction.

Yes ...i personally think is ok ..and is healthy for competition in space...they bad actors will die with time!! And they very innovative ones will survive and succeed!

I really believe we don't need so many crypto exchanges, but at the same time it's ok that the traders have a wide choice of the exchanges, not every exchange will get success, the half of them will die.

Must know about new exchange market and then you go trading. All new exchange market are not ok for use. Because we heard, there are many scam exchange market. Where you will lost your assets. Some new exchange are good for trade you can trading these market.

Moderation is the key.To know how to arrive at moderate number or the number of exchanges that can be called moderate is really an issue. The more the exchanges, the more the competition. When there are competition between exchanges it creates room for positive values expected from exchanges, such as: security, low transaction fees, among other good qualities. Having too many exchanges can lead to few people in a platform which may increase trading time, etc.

The exchanges would surely come up as the world of cryptocurrency advances. I believe that there  are two sides of the coin, there are both positive and negative sides of the exchanges. I think the numerous exchanges can help promote a healthy competition among the exchanges so they can improve upon their  services.

I think it's not affecting the price, it same that there are many money changers in your country, is it affect your money value? I think it's not, because they just exchange the value between currency

It is not affecting the volumes because most traders like to have many exchange platform because it could create great anticipation towards investors that could lead up to healthier market for crypto currency and for the traders as well. There are exchange platforms are emerging recently and mostly came from ico so let's hope these exchanges will be good as other reliable exchanges in the market. But we just have to be careful that not all exchanges are legit, there are cases some turned out to be scam recently.

It's not okay if they are only small exchanges or an exchange run by  an inexperienced and few members of a team. As we all know, small exchanges are much more vulnerable to hacking or to commit exit scams right from the start.

Yes, its a healthy competition but not all exchange are good to use because most of them are asking for a huge fees, with poor customer service. So if you are going to trade, choose a good exchange to store your money, its important to do this.

Competition can be healthy. While this means we should take more time in researching each potential investment, this competition allows for the development of products with better features. Each exchange will have to stand out in one way or another, right? Have you come across any new exchanges with huge potential? Would love to share thoughts.

I do not see any drawbacks in the fact that now so many exchangers. You can carefully study them and choose the most profitable and convenient for you. Therefore, such a large selection is beneficial for investors.

I think many exchange is fine because the circulation is still the same. Its alright to have many exchange as long the exchange is good and secured and also no something fishy doings.

Exchangers are now really quite a lot, but absolutely not all of them are profitable and safe. Therefore, you need to study well each exchange with which you are going to work in order not to get into an unpleasant situation. And such a huge number allows you to choose the best for your use.

That is normal because they want business and they want also to earn just like banks everywhere  anywhere it does have banks so that is why same in exchange and as we can see also that everyday their is a new token or a ICO that need to exchange. But we need to be careful on some of exchange because their is also a scam that they getting your money or coins.

Indeed, it is rightly that more exchange is needed. It also makes it easy for some people to sell their coins, because there must be some people who have difficulty in understanding an exchange place even though it looks simple for us.

That's a very clear observation these days. There are a whole lot of cryptocurency exchange platform in the crypto community but unfortunately most of these platforms are not well secured enough. Hackers are absconding with the funds of users almost every now and then. I wish we could have some regulatory body that could check for the security systems on exchange platform to prevent these hackers from having access to the funds of users on several exchange platforms.

New players in the crypto exchange business is good because this will force the existing exchangers to improve their services. They need to evolve and keep developing and improving their line of services. Just look at Nokia, they were number 1 before but they didnt evolve and improve where are they now. Before I am a loyal Poloniex user, but now I switch from Binance to Bittrex.

We need as many exchanges as possible. This will bring in more awareness to the Bitcoin exchange space, and invite more investors to the industry. People should be able to buy bitcoins at ease on the go, at work or anywhere in the world. Learning how to invest in bitcoin (https://www.smartbitcoininvestments.com/how-to-invest-in-bitcoin/) is an excellent strategy for benefitting in the long-term from the Blockchain - which is only a 10-year-old technology.

Conception is good so as to eliminate monopoly. One good thing is that trade volume will separate the good exchange from the poor ones

As more coins enter the Blockchain ecosystem, more exchanges are required to ensure a well-facilitated trading system of cryptocurrencies. This is where trading takes place to give meaning and value to the coins we possess. It will even be better if every country has an exchange aside the top exchanges in the world.

I think we don't have any problem with the new exchanges if they bring something new or exceptional. A lot of exchange based ICOs are preparing to come or launch in the crypto market, a few days ago extoke exchange scammed! So, Every new exchange shouldn't be welcomed by us. We should look carefully before going with new exchanges as we have plenty of legitimate exchanges.

In my opinion theres no problem with that. It can't affects thr continuing grow of bitcoin. Its a gif thing because we can facilitate this crypto currencies and many players will come more investment more people more trading.

I also notice that in fact promoting one and most of these exchange that held their ICO are successful, they offer something that these existing exchanges do not have, maybe in the future, we will have hundreds of new exchanges and it will become a stiff competition for exchanges now and only the best can survive the competition.

New exchanges without real products of the coins won't make any difference, it just spreading the volume indeed.
But if there are new exchanges coming, usually they have some events that you can participate to get rewards in coins or tokens.
Many exchanges in the crypto market are not survived if they have no volume in their exchange, so they running events to get more users.

As days goes by,  many exchanges has been build and i think its okay for crypto that there are many markets because, people choose those exchanges that will help them to trades their coin conveniently. Lets just say, they are competing towards costumers like us. Thats good also because we can choose what market we like and most of all, fees are mattered and also the security for us as a user.

We have seen so many of useless exchanges! What difference would they make if they remain Centralized?

in my opinion this is actually better with many new exchanges at Crypto because it will be easier for new tokens to have a market.
so even though the exchange volume will decrease because it is separated but with the number of coins that enter it will increase by itself.
so I'm not too worried about that.

it is not a problem, it really does not really affect bitcoin but rather altcoin has the big impact because every new exchange is always a partner to build a project that has no market. in fact the exchange provided the market for newcomers to the market. crypto has market rules that make the value of coins worth

Cryptocurrency is decentralized and there is no stopping any exchange from coming on board so far you have a good technical system and you feel you are secured enough then fine but it won't be easy to get adaptation

I think so and think it is true. But I wonder whether it will lead to a new change like the new king or the fast falling price I do not know. But I hope BTC will remain stable and prices will increase again :o.

It's good to have more exchanges otherwise the listing fees will be ridiculous without any competition. Also, small ico's and sitcoms won't be tradable without them

Small exchanger is usually still in the process of growth, we all don't know what the little exchanger will be like, because all the major exchanger has also been a small exchanger
for the effect on the price of cryptocurrency, exchangers have never had an effect on prices, unless the users really want to buy or sell like people panic, exchangers only work as intermediaries to make it easier for us to exchange crypto assets
if you hear about NexyBit, you can try it, a few hours ago I withdraw BTC on NexyBit, and only in less than 2 minutes, my BTC arrived in the wallet

https://nexybit.com/

It is estimated that there are over 2000 Cryptocurrencies and more are being shuned out steadily.
And the few exchanges available are exercising monopolistic powers in the sense that they charge huge listing fees, transaction fees etc.
I think the creation of new Cryptocurrency exchanges is in order as there is need to break the monopolistic powers of these few exchanges which will make  the market competitive

Most volume is still focused on top-10 exchanges that create liquidity. Small exchanges may be good for some specific altcoins, but it looks to me that the appearance of small and medium exchanges doesn't affect the whole situation.

On the other hand, I see that Binance, for example, claimed to accept only the best project without fees. If other major exchanges follow this example, it will really helpful for the industry.

I don't think it is a bad thing to have many exchanges around, provided that they will be healthy exchanges and not cheat or scam as we have seen the some of the existing exchanges. Availability of adequate exchanges will make listing of new coins very easy.

It's fine for me, but I'm curious how are new exchanges going to attract regular customers and clients and gain trade volumes.

Marketing :)

Any exchange that lags in price will become interesting from an arbitrage point of view.

I agree that exchanges will enable a well-facilitated financial system. But wouldn’t it be better to just have one exchange for all countries? I mean that’s the purpose and function of crypto right –to serve as a universal financial instrument? Just like how Virie describes its distributed exchange system. It’s a “market without borders.” If a crypto is structurally capable of being one, don’t you think it’s more convenient to have just one exchange?

If the new exchange is popular to many people even through its new because of advertising it through bounty campaign, then those exchange site is good because it can bring big volume to many coins that are listed on that exchange.