Bitcoin Forum

Do you believe in the crypto startups? As a member of a startup exchange I want to ask you:

Do you go and give a chance on new exchanges or you stick on the same for a long time?
If not why ? :)

New exchanges very often allow you to trade new tokens, so I have some savings on new exchanges and I trade them.

I keep the main assets on large exchanges that already have a status in the cryptocurrency market. new exchanges have not yet proved their right to be on the market

I often get involved in trading with new exchangers to sell tokens that I get from a bounty campaign.
several times I have had bad experiences but there are also exchangers who are ready with all the supporting facilities for the new exchanger, even though I trust the big exchanger to save the assets that I have.

Yes I do believe in crypto startups, most top projects in this industry right now starts as a startup. Yes I do give chance on new exchanges but im not gonna put all of my funds on that new exchange. New exchanges have more trading competition to raise volume on the exchange,

Joining new exchanges is lucrative in general as you earn a lot of free tokens. Secondly, they are also good for the Crypto Market as they can bring in some new people thus pouring some new money, either.

I totally agree with you. I do not want to risk my money by trading on little-known exchanges. Too many scammers around us.

I stick for the long time and reputable exchanges but I'm open of trying new exchange. What if they are giving better fees than the old ones. Testing with small amount wouldn't hurt my savings to check and see on how good/bad the exchange is. But if that new exchange does really have an intention to scam their customers, everyone will eventually find it out. Honestly is the best policy and especially if you are building your own position to the market and want to compete with big exchanges.

You're right. It is worth registering on all new exchanges to get free air drops. but keeping your money on new exchanges is not safe

I won't advice anyone to keep huge coins, tokens or money on any new exchanges but there are new exchanges that are really really good and better especially the p2p ones that requires none profile to swap your tokens

I usually prefer to use only certain exchanges. I only use different exchanges to sell my bounty tokens that are not traded on any of the exchanges which I use. The reason I didn't prefer the new exchanges was that actually I dont trust so much those exchanges.

The biggest mistake of startup is to come into crypto before develop some real use case. The team should have strict road plan set and at least started with a project before entering into the market.

Community can soon leave the project if you are a bit inactive with development.

yes i do


you are a member from startup based on crypto currency exchange companies, right ?
can you tell me what is the name of the exchange ?


of course i will go and give a chance to the new exchange
but, firstly a new exchange should have a good security system and a good trading volume
a good trading volume its depends on how you and your team promote your project to your target market buddy
and a lot of benefits for traders who using your exchange platform, also fast respond from your support center is needed

I'm not sure how much needed after IEOs. I think now that start-up and advertising activities don't matter much. The better the exchange, the better it was revenue.

Nowadays all new ICOs list their tokens in new exchanges inorder to avoid hugh fees charged by the established exchanges. So we bounty hunters dont have any other option but to use these exchanges. Some exchanges are really good  by the way but their volume is really bad .

As long as the new exchange can be trusted and they have friendly system and high security and I can believe the, that's the main problem when the developer can't provide what already expected by the users. If the new exchange site fail to provide that and the demand back to the old and trusted exchange site.

Due to some hacks that have occurred, not just on smaller exchanges, but on bigger ones that some have trusted and keep their assets on them. These bigger exchanges were thought to have been proven, yet users lost their funds.
Yes, I agree with the fact that bigger exchanges that started long time ago can be more trusted than the new startups, yet do not trust to the point of keeping your assets on them for a long period of time.

Now new coins have a chance only to fall tenfold. I took part in the ICEchain bounty campaign and for several days the price of a coin dropped to just incredible prices. It's just a failure, and I watch new projects die one by one. I think the same thing will happen with new exchanges

its depends when the new exchange has coin what i want with many advantages, maybe i will try that market exchange, but with small amount i will start. and that market must to have high volume transaction.

The market is always fair, the fact that you are given a chance to operate that means you are in and you could grow.
If you are up for the challenges, well you can stay here and can grow, all of that depends on how you manage your own exchange, every exchange start from being start up until they succeed in getting traders to make their profitable.

I prefer to trade in older exchanges. But I believe that the variety of tokens is an attractive spot for new exchanges.

Personally i do not liketo switch exchanges because it is not a simple process it is just like changing your bank account because not only you need to register and get verified on the new exchange but also you have to transfer all your deposits and trading coins which is an uphill task for me, i truly hope there will soon be an all exchange platform available where only one account will be required to trade at all exchanges connected via api etc.

yes it will always positive in most of the time because if a new company is creating something it will definitely be a positive thing because they are working hard to develop something better than before and I think most of the time it will be success.

As humans adopting to change isn't an easy process, however, when the need arises we have to do what's required. There a lot of exchange and there won't be the need to opt for another if they all offer same features and services. The only instance would be if a token one earned from bounty is listed on a new exchange and sometimes if it seeks to solve real problems faced by traders

Every ICO is a start-up and I am giving a lot of chances to perspective companies and they are doing really well science the beginning of this year. I am actively using the new Nauticus exchange and believe that this guys have a big future.

I usually give a chance to the new exchanges, because they usually have a good promotion for early members. If that new exchanges can provide this, i'm sure it will attract all potential users. Also the UI, live support and many things about the exchange must be good, also listed many cryptos.

I think so yeah. I mean it is a startup world so there will be ones that start off very small and become huge gigantic companies that either controls the market or gets bought up by even a bigger one but after all of that startups fail too and most of them doesn't get any funding they need to continue to operate which makes them get destroyed even before they start.

In silicon valley many startups happen to fail even before they start and most fail after the start as well, only a few get bought up by the big guys and if you parallel that with crypto startups that means there will be some successful ones but many of them will fail so if you work in a crypto startup there is a big big chance you guys fail but if you happen to not then there will be an exit that will make you all rich.

And I think that there are not many promising companies. Because everyone is trying to copy ideas and few new interest projects appear on this market.

I usually trade on exchanges with tokens I own, with the largest volume. So if a new exchange with an acceptable transaction fee and lots of tokens with good liquidity, I would choose it.

I trust in crypto from the very bignig. No any one wants to have loss ,whenever get earnings by hard working. But a little part of money can invest in newly company for testing. I think so.

To be with; self funded start up companies are good; most are always successful
But when it comes to exchange; no one can stick to a particular platform for trades cos tokens get listed anywhere

But a trader can stick to a particular exchange

There are already quite a few crypto startups. This is especially applicable to exchanges. Sometimes it seems that there will soon be as many crypto exchanges as crypto assets. It is necessary to develop what is already there. Otherwise, the market will full of a large number of projects for which it is difficult to navigate.

Too many of them these days, if as much as 1/10th of them can embrace cryptocurrencies as their accepted form of payment then it will be really good for those of us already in this space. That's not very easy to come by though, but I certainly believe that soon enough most of the existing and start up companies will begin to embrace cryptocurrencies

At the moment I would not invest in new startups, they are almost all doomed to failure.

I trust only proven known exchanges where you can trade without risking. Trading on new exchanges risks losing money and mood.

You risk absolutely on any exchange. no matter how large the exchange is and what reputation it has, it can be hacked. and no one knows what will happen tomorrow

Well if a new exchange do their job and gain trust over long time and maybe some advertising then a new exchange can succeed but only after a long time, so is a hard work.

I am open for new exchanges but they have to provide better solutions than the established ones.
New exchanges usually have low liquidity and it is not an easy task for them  to attract massive customer base.

If this new exchanges regulated, i think we can use it. Many new exchanges and they offering a lot new feature like less trading fee and good UI. As they dont asking our private key, i think we can try it and keep the coin we buy transferred in our own wallet

From my point of view I would say try new stuff in the crypto exchange or in the real world, its not bad. So, in relation to trusting and believing any startup exchange yes I would to see if this is better than my old use too exchange. In the possibility it could lose or not there is a trial to know what and which is better to use. If not good report make a review for people to know about your feedback the same as the opposite if good and better than your previews use it. Plus as the other said that in new exchange there is a new coin or feature waited to be tried on. 

New exchanges come with some opportunities/incentives so i do trade there to get some benefits in term of giveaway,airdrop etc.

Your new trading floor has good liquidity, fast processing speed .. I think there will be many people who join your exchang

There are coins that has potential that old exchanges didn't list because of their standard requirements. For newer exchanges like you, my suggestion is go list coins that has potential because that is when crypto enthusiasts could use your exchange. And in order for them to stay, you must not freeze their account and offer as great user interface and experience as you could afford.

That is what many people too will choose, older exchanges, but the reason why I sometimes believe in the performance of new exchanges is because they would have developed the exchange based on the experience they have learnt from the older ones, I mean their success and their mistake, it is these mistakes of the older ones that they find solution to, to create a new one.

The reason why some of these great exchanges are not thriving is because they lack the volume to perform since many investor would not want to try them out, so majority of them reverse to using fake volumes to gain attractions.

   For me crypto-currencies are start-us! After how long one company stops to be start-up? After its fully
developed or after 5 or 10 years?
   I believe in new exchanges. Questions is why you didn`t, as a member of that exchange, made an
official ANN thread. I think marketing is what you need to pay attention, promotion of your exchange
and all the things you offer must exist!

I don't think there are so many peoples who like to see and investing to a startup companies even if they are still new and fresh. But, some of the people does like that, helping each other, waiting for the other to success, etc.

It is sometimes more advantageous to start with newly lunched projects or exchanges, but one needs to be very careful, because they are yet to be well established.
If startup exchanges or whatever want to attract investors and traders, one of the easiest means will be to partner with those who have already succeeded and have made impact in the crypto space.

While it is true that there seems to be enough exchanges to cover the demand in a market that is still small, as is the cryptocurrency trading (at least compared to Forex trading) I think there is still enough space for new exchanges because this would allow the existing ones currently make the best efforts to remain in the leadership they have today, which will be reflected in a better service and better features for their customers. Do not forget that in the Forex market, for example, there are many hundreds of different brokers, while cryptos exchanges there are only about 200.

with the new scheme as offering use of option on investment funds with the bitcoin business, developer might collects as more with supports on extensive on terms as targeting use with returns on nominal of difference as the running of plan with the investment projects of the objective dedication.

Why won't we believe in crypto startups, the only way not to believe in crypto startups is not to believe in crypto itself.
Because, I believe that most big companies currently on the blockchain also started as a startup and then grew into a multi-billion dollar company including binance itself that is now the best crypto exchange in existence, once you see that the team are committed to making their project work, then you can work with them to make it possible.

It seems to me that you need to learn how to distinguish between serious and promising projects from slag and garbage that fills today's crypto market. Then your investment will be fine.

It is because of tokens got from bounty campaigns which push me to new exchanges. New coins are put in new exchanges forcing traders to go use them for trading. It will be quite exciting to get involved in new exchanges where new coins get listed. New coins have higher chances of rising multiple times in price. So day to day trading is also good in new exchanges.  I love to use new exchanges.

New exchanges always try to introduce lower trading fees to attract investors and traders that's why I use them but I don't leave lots of coins on there because anything can happen at any time,we already have too many exchanges but new one won't hurt ,just thread with care and do better research on the new exchanges before trying them out

The exchange market is kinda stale but that because traders and cypto holders don't want to risk.
Put their bag into a new exchange that only operate for few month with none reputation? No matter how much the new exchange promo with less fee for transaction or withdrawal, unless you have years of operated, people wont trust their fund on your new exchange.

depending on how credible the Startups companies are.
I have to make sure beforehand before getting involved or trying it.
in every development there are always innovations and different ideas, if it is the same as the others, of course I choose the sure and reliable

no mistake believing with new exchange. generally a lot of attractive offers from new exchanges to attract join members. it's just that in order to avoid scam exchange it is better not to invest in large amounts until it is true that the exchange can be trusted. new exchanges can also be targeted as vulnerable hijacks by hacker.

the use with customs of IEO on developer works as referring token on exchange for supports of funds as working on project plan that those helps on extent as the similar on use with strategy to put on listing with index of different service of token exchange as the work on exhibition as they gives with proper on manage as the details on tasks with the scheme on work
that developer might focus on excessive as preparing use on point on objective as delivering future chance of option with offers of compliance.

On the question of whether I give a chance to new projects, I will answer directly. Very small. I usually sell project coins. Because I am a hunter and I see how most of the projects turn into garbage even after entering the stock exchange.

I don't easily join the new exchanges especially the ones being promoted with a new token project too. Some of this scammers have devised a new strategy of having building an exchange website for their own token.

I will prefer to stick with the already existing ones, the company that I know is better than the one that I do not know. If I have no reason or issue with the already existing line that I am using, then I have no use for the new ones coming because it is just a duplication of system.

One thing I believe is that new exchanges are not really necessary for now, we don’t have much volumes in the market that will make the demand for exchanges very high, but like I learnt from one of the comments on this forum, one can just develop these projects down for future purpose when there will be high demands of exchanges.

Most of startup projects are still unclear, whether they are legit or not.
But if they already have a working products like exchange platform, then we can give a shot on it.
Who knows they will keep developing, and we will become the early supporters who will get the decent reward from it.  8)

I think to consider the best possible exchange existing on the market, we shouldn't not always tolerate such projects pertaining to an exchange as they are not necessarily needed. We should always focus on what we have already because they, themselves can already fix their issues if we are here to support them. Also to avoid being exposed to risk.

New exchanges often have very low volume, so trading with them is a disadvantage. I rather stick to exchanges that I am already familiar and have high volume.

For me of course I will give a chance to those new projects. There is always a room for innovation and improvements so maybe this exchange has that feature that can I can easily use and it is actually useful for me. That will be very interesting and I can say that I will switch exchange.

I will choose to give a chance for better exchange. If I am currently using exchange, it is still very good, I will still maintain trade on exchange. However I think it depends on the coin I want to hold or trade

It is better to stick to the old and already established exchanges than delving into the new exchanges which you don't even have idea of how long they might survive the crypto market.

Yes I believe in some but not all of them. Those that have become big today were once a startup so new ones of today also have the potential of becoming big tomorrow if it is well managed and evolve as the industry continues to change in order not to go with those changes.

After I lost my money on some startups, I stopped trusting new projects.
I'd rather buy tokens of a successful startup at a more expensive price and earn a little bit of it, but I will not risk losing all the money for a lot of money.

A lot of new sturtup projects is not so bad because they enter the market in tlright time with right ideas when investors ready to pay. Now it is the good tome.

Why not if they are showing good intentions and even have that transparency in terms of liquidity and volumes.
Crypto community are still welcoming new exchanges, this is also a way to have other options and may this new things around will serve better than of the old ones. But of course it needs more screening and takes awhile to prove that you can be trusted.

yes if they know at the right time so they can produce but time is not always good whether it will lead to good or bad.
so we need to research the project and check its progress to find out if it's really good for us to choose.
because not everything is good and not everything is bad so we need to be careful.

that is true, most new projects and new exchangers will certainly offer as attractive as possible so that there are many people who are interested in joining and that is a good opportunity to benefit because usually there will be many bonuses that we can get, but it is also very risky because there is still no guarantee whether the project or exchanger will succeed or not so it would be better not to invest in large amounts, we must invest in stages while monitoring the progress of the project or exchange, if the development is good, then we add more investment but if not, don't ever add to our investment

Indeed, there are now many startup companies in any field including crypto currencies. As someone who really admires startups, I really believe in crypto currency startups. In my opinion, this start-up in crypto currencies is a good step to make crypto currencies grow even wider. I give the opportunity to any exchange. All of these exchanges compete and I will choose exchanges that can guarantee the security of my crypto currency, be trusted, and give me more profit. We really have to be required to do the best in crypto currencies. We must be open to all people who will bring the crypto currency better. We have to be open with the emergence of many startup companies in crypto currencies.

new startups are good because they try to satisfy their users and also avoid greed and try to entice many new users to their platform to trust and make use of it.

True. In my opinion, I believe that the startup projects that launched during this bear market are the ones that we can truly believe in. I've been in several startup groups for the past 2 years, and most of them just disappeared like ghosts, they changed their profile picture in Telegram, last active for over a week ago, etc. because they can't get funds due to the bear market. The ones who took courage to take their idea to to life right now are the legit ones for me.

An example I would say is TecraCoin (https://tecracoin.io/?utm_source=tclx), it's a project in where you can invest in great ideas. They primarily focus on patented designs which focus on a solution to a problem. Imagine the next Einstein submitting their ideas and we can be there to help commercialization.  :o And as for your statement, I know that funds are super important but I agree that the respective team of a certain project should focus on the trust of the community to their platform. That's gonna carry your startup to the next level.

O.T:
Any signs of how you can tell if a project is just in it for cash?

There are close to 2k altcoins on the market, that consists slots of startup, a team focusing on one blockchain solutions has more than few competitors, although it's too early to say market capitalization, they have more chance to succeed locally first as their PR is more accessible. Development and end product is key but the core competencies need to be clear. Sometimes startup are tough cause it's expensive to gain market share and adoption.

Not all startups are good, however it's interesting to check closely what they offer and what is their concept, because it can be a chance we don't see frequently to make profit. It's also good to give it a try, because new startups can bring interesting and innovative ideas to help us daily.
Others can upgrade a concept that already exists and become the next main one, so everyone around it will be benefited. A new exchange can overcome a traditional one, and it's better if you are user of both services.

Sometimes start up company give good project. I think we can give a chance to start up. New exchanger is good as long its regulated and give good security for their member funds. I am believe many new exchanger created because crypto industry growing more bigger and investor need an alternative

Yes, they have got some opportunities, but you can only succeed in trading in new exchanges when they have got volumes, if you join a new exchange today and they have not gotten registered projects, then what would you be doing there.

Incentive will always come, whether from old exchanges or new exchanges, but what a new exchange really needs to survive will be volume, or else, your buy or sell order will just remain pending for the rest of your life. So, I basically look at the volume of new exchange first before I get involved with them, that is why new exchanges must really spend money to promote the project.

Sure, crypto startups has a future but not everyone. Every good nowadays project was a startup. Let's think about Ethereum - this is example of sucsessfull startup.

Much better to stick for long-term and long time of running because lot of new coins not in good condition and not reach on their perfect goals.

Crypto startups are all ICOs, IEOs, ITOs.
So everyone who is responding in altcoin section and has a signature should believe in startups because they are working for these startups.  :)

I use only reliable exchanges for trading. But as projects for investment, I consider new exchanges, usually tokens of unknown startups can be bought at a low price, after a couple of years, you can earn a lot on this, as an example, the Binance exchange with their BNB token will approach.

I believe, even if it's a new startup, they also have the same opportunity to take part and compete with others on the market later. It's just that a great team or investor is needed behind them, so the project can run smoothly. Seeing their vision and mission is very important in determining which direction they will move.

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Crypto start-ups have lost its meaning due to obvious analysis. New projects failed to rise to the soft cap and they decide to close their projects before it was late. That means they don't have enough morality to continue their project.

I don’t know for others, but I used to do that before, jumping from one exchange to another cause I’ wasn’t the type that like sticking to a particular thing for long, till I started having bad experiences from them, so I stopped such. This time around I don’t even care whether startups exist or not, I just stick to the good old exchanges I have found. Going from one to another is just a waste of time, I only did that when I was a newbie and wasn’t sure how the platform works. Most of the startups I see these days usually end up being a scam or maybe they start lacking funds or something like that, and the next thing they start putting up fake trading volumes and all that. Just doesn’t making any sense.

When talking about startup companies, it should not be in the likes of exchanges, because I do not see any feature that a new exchange wants to offer that is not already being handled by the existing ones, especially the quality top exchanges, when a company is starting up as new in form of an exchange, I just see it as a waste of time.

The problem solution they are proposing has already been solved by the existing ones and we need new concept and products to run on a blockchain technology, if they keep running to en exchange line, then what product would they be exchanging? So new startup companies should now focus on solving more problems we have out there using the blockchain tech and not repeating already existing ones.

I think the reason why people jump from one exchange to another is because they have not found what they require as service in the ones they have been using, that is why it is very necessary for one not to just start using an exchange based on what the team tells us or based on one or two reviews we see on them. Choosing an exchange to also requires great research and strong conviction based on many opinions.

No is even the time that we need to be more careful in using an exchange, since ICO scammers are no longer getting business in ICO, they will want to use the opportunity of IEO to continue with their fraud through low exchanges, so its best they stick with your pattern of choosing exchange based on their popularity and effectiveness.

Yes, we believe that everything should be decentralized and we could trust the open source systems, because code never lies ;)

We believe that there is place for Decentralized exchanges, markets, social networks and many more DApps. Everyone is building new ecosystems, blockchains and scalability solutions, but we do not have any mass adopted DApp. We should focus more on developing DApps, their Ui/UX and usability than building new blockchains.

It depens on the team, new crypto start up should list their team on their websites and attach their linked in.
So from there we can see their connection and their capability building a start up

Our team is still building hard, even in the crypto winter. I think that projects should have working product and only after that to start any token sale if it is needed.
There are good old ways of financing like development grants from blockchain foundations and blockchain VCs.
Crypto startups are not only ICOs and token sales. It is about building on blockchain and other cutting edge technologies.

Lol, you are right as hell. We know that the market and blockchain is still in early stage so there is enough space for new projects. These who are more flexible, build faster, have strong team and company culture will succeed.

Yes, that is good token economics. Once you have an exchange it is sure that the token will be used if the exchange is successful and token holders will be able to sell, buy, trade, vote and receive discounts with the token.

Sure, If I open a startup wesbsite and I do not find a team section it always look like scam and many times it is scam :)

Not all the time, I have seen crypto start-ups who launches ICO and then succeed even reaches its hardcap. I think there is still some unique idea that can be invented/created so much better to support this crypto startups for them to develop that idea and turn them into a promising product.

Yes, one of the best startups We've ever seen ;)

It is kind of tricky to regulate a DEX. It is a programming code overall. This is good, because you have to believe in the code not in people behind the exchange.

New projects and new exchanges don't have the guarantee that there work will be successful ,they are just trying there best taking risks ,I can't give you the assurance that a new project will fail or be successful

Okay, but how new exchanges can prove to the market when guys like you don't even give a chance to try it out and make some trades on the platform? Looking forward :)

If you are a bounty hunters here, this is most probably happened when after ico was done, usually the token rewards always listed
on a new exchange, so since the bounty hunters had no choice whether they like it or not selling their token will be done for sure for them to gain bitcoin or Ethereum. But in a normal trade I won't do it or go for that things.

Let me ask you as a member of DEX startup ..how can an exchange prove to you that they don't want to scam you?

Good point of view. So that you give a chance to the new markets, you can check out our platform -- https://weidex.market :)

Hey bud, https://weidex.market is our platform, you can check it out and give a feedback if you want. Thanks!

on decentralized exchanges, you don't make a registration and waiting for approval after that like on CEXs..you just need your metamask :)

Yes, we are weiDex. Anyway Bitmax are CEX, we are DEX. As I see the trend very few people have the courage to make a change from CEX to DEX.

Firstly, thanks for the motivation! Secondly, we are doing our best to promote our exchange because we are motivated and strive for more and to help people. We have something to give to people and we believe DEXs are better in every point of view than CEXs. Yeah they have lack of speed etc. but I think this will change soon.

Fair enough. Check out for us -> weidex.market

Agreed with you! We are that time on building trust in people.

For me I will stick on the exchange that I will used. Because I need to be sure that my money and investment are away from loss. But I will open my mind to use and invest other exchages as long as other investors are already try it and prove that it is good and safe to use and to invest.

In my country if the transaction volume reaches at least $ 100 million a month, it can be said starups, seeing the large number of exchanges with a transaction volume of more than $ 100 million, of course there are many new startups from crypto.

people will give any new product a chance if they see a benefit using them rather than the old counterpart.

The problem for the new product is to prove their capability, you need timing and maybe some influencer to boost your product.

You can see like a binance for an example. They coming in the right moment, where ICO mania started also when poloniex doing some shitty things with their customer fund. It's become a great chance for bianance and they deliver, so people stick with them too.

I would use a new exchange if it listed a token which I got from Bounty campaign in case it is not listed on the top exchanges. I would not use something new for ordinary trading.

nobody can give any guarantees on the market. now everything is like a casino. This is if we are talking about new projects.

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Sincerely am very skeptical trading on new exchange.. Security wise majority of them are unsafe for use and lack regulatory compliance for reading digital assets... I think we have one too many exchanges in crypto already and until mass adoption come we shouldn't be having need for more

I am sure that there are people who want to give a chance to try the exchange and I am sure that it will help the exchange to grow.
You don't have to worry about that because if we are not trying the exchange, then the other will do.
But if you want to test the site, then you need to come to that site and test to trade, so you will see if they are very good or not.

I only give new exchanges  a chance if they list a coin that I don't find in any exchange. I remember owning raiblocks(which is now nano) and only  bitgrail is the only exchange that list that coin so I often used it. I believe that is the right strategy for a startup exchange to start getting traders/users and be known which is to find a golden gem and list it when nobody still knows about its real value.

Ethereum started from start up and right now is second biggest market cap value in cryptocurrency market. I think we can trust on crypto start up because i am believe good start up offering new project with new functionality

There are advantages and disadvantages of popping new exchanges in crypto.

I can say the advantage is the adoption of crypto will increase because people will have more choices where they can buy crypto, then those exchange will do their best to be popular, they will do advertisements and their main target will be the people that are starting in crypto, it's positive for adoption.
The disadvantage will be a different crime will happen in cryptos, such as fraud or the exchange will become a scam, or getting hacked. That's the negative side for me if we have a lot of exchanges.

No, for new project who has reliable team. Look at the Binance exchange and this is new exchange for me instead another exchange. But, lots of users who use it and even they are aware to bet on it, I mean when newcomers come they will not have a doubt to binance cradibility. I believe this is who make the price binance continue to high and high.

I see your point of view. But it is very hard to find traders who give a chance because most of the traders nowadays are sceptical about new exchanges like our weidex platform even though we can offer them more benefits than other exchanges.

We are decentralized exchange, so the users have full control over their assets, no user information is required, no new user sign up restrictions and it is fully transparent.

Same here man. One should take risk but educated risks and not wild risks. You need to know how to evaluate an exchange. I would prefer to use the same exchange I have been using for long because that is the best exchange from my point of view. It even conducts IEOs of crypto startups as well but those startups have great projects and since the exchange is very notorious for selecting a project, I would invest in it.

To be honest, if there's a new exchange I check it and see if there's gonna be a reward program like if they have a trading contest. Also, check how fast withdrawal and deposit.

Yes I give a chance and give it a try, but still putting the quality of the new exchange in consideration before trying, if you see it ugly and unfinished more likely not, what we want first is the complete and very well polished product then second is the marketing we wan't to see some good marketing on the go to make sure that not only few will use it.

I believe in crypto startups, but when it comes to startup exchange, I'd be more careful. In most cases I stick with the tested and proven ones. The only reason to check out new exchange is when they offer a different market or listed a coin that I have and not listed in other exchanges.