We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
We are going to have more exchanges coming up in some days to come and that means we should not complain of the few we have now. Cryptocurrencies market is still new and time will come that every city and villages are going to have exchanges . We are at the developmental stage and the only way, we can expand on cryptocurrencies development is to open more Cryptocoins related business and projects with legit mind as many as possible. Another thing is that I would add more security into some of them.
But the more we have the better.