Exchange project

[didzi]

at this moment a lot of exchange project born in crypto industries,,
depends on cmc, now about 227 exchange already exist,,
https://coinmarketcap.com/rankings/exchanges/3

my question is,,
does we need more exchange in crypto world,, ?

[FulaerJI]

Most of the exchanges here actually have a lot of distance from the Nasdaq level, so if I answer your question, the answer is yes.
 

[mummybtc]

The number of exchanges in the space is growing almost per week, most of them are obscure project but with huge trading volume but later detact that most of this volume are fake volume. Fake Volume is a huge problem in the space now because you think some tokens are liquid but when you plan to sell you detect there is no bid for the tokens at all

[Woolles890]

There are so many coins and so many holders that have their own level so that to enter the exchange according to the coin is located. Exchange is a lot and has a different volume so we ourselves must be smart in taking the right exchange. Lots of exchanges so there will be many communities playing in it.

[demenBTC]

the amount of crypto exchange will only reduce the volume at each exchange, and that can be the effect the value of all coins becomes lower
we can see the number of new exchanges appearing and they don't have large volumes and instead become interfering with old exchanges

[ned.ryerson]

we need not more exchanges, but better and decentralized ones, which will provide to the users with more convenient conditions, not as we have now. half of the existing exchanges will soon disappear