Is there really a need for lot of new exchanges?

[cau]

Is there really a need for lot of new exchanges?

I could think of the following -
1) COSS
2) Kyber
3) 0x
4) Waves
5) WBB's exchange
6) XBY's X-Change

Other than decentralization in what else these exchanges have to offer

[coinswebid]

with a lot of exchange especially decentralized exchange,
this is good for the competitions between the exchange,
the best service will always got more members

[Marucya]

I believe that there is a clear need for new encryption exchanges. There is a very urgent need for an exchange that would constantly trade all tokens issued as a result of the ICO. Of course, those who have not yet died completely. Here, of course, there are a number of difficulties, because the stock exchanges have their own rules and at the same time it is almost impossible to tinter all coins. Then you need to increase the number of such exchanges so that the choice is much larger.

[bamb]

You need to realize that exchanges are market maker! Aside from providing liquidity they naturally create environment for good distribution of coin! Stability of prices and easy access to fund. Dex more than ever before is needed now since Government have started looking the way of crypto currencies!

[wxa7115]

Is there really a need for lot of new exchanges?

I could think of the following -
1) COSS
2) Kyber
3) 0x
4) Waves
5) WBB's exchange
6) XBY's X-Change

Other than decentralization in what else these exchanges have to offer

The more competition the better we do not want the Mt Gox thing to happen all over again that depressed the price of bitcoin for a lot of time, also you need to understand that decentralized exchanges bring a lot of advantages over centralized exchanges, centralization is always going to be a weakness, with decentralized exchanges governments are not going to be able to seize a few servers and confiscate everyones coins.

[cau]

Thanks all for your perspective!

I suspect a scam here which could be bigger than ICO scam. New exchanges, in the name of listing a coin in their exchange accepting payment from the coin. This inturn increase the liquidity or availability regardless of the coin's trust worth.

Not necessarily a scam but an easy money for exchange builders without contributing much to crypto world.

[anggriani]

Is there really a need for lot of new exchanges?

I could think of the following -
1) COSS
2) Kyber
3) 0x
4) Waves
5) WBB's exchange
6) XBY's X-Change

Other than decentralization in what else these exchanges have to offer

The more competition the better we do not want the Mt Gox thing to happen all over again that depressed the price of bitcoin for a lot of time, also you need to understand that decentralized exchanges bring a lot of advantages over centralized exchanges, centralization is always going to be a weakness, with decentralized exchanges governments are not going to be able to seize a few servers and confiscate everyones coins.

I agree with you, the more the exchange will get better. So we will know between good and bad exchange. They will also compete to become better in service and others, to gain as many users as possible.

[vv181]

I recommend you to keep an eye on XBY Exchange, it P2P exchange that will allow users to trade and execute transaction directly into PoSign blockchain, so the exchange provides an environment immune to vulnerabilities that another exchange lack of.

[btcney]

Is there really a need for lot of new exchanges?

I could think of the following -
1) COSS
2) Kyber
3) 0x
4) Waves
5) WBB's exchange
6) XBY's X-Change

Other than decentralization in what else these exchanges have to offer

There's also BTS decentralized exchange, counterparty DEX, and countless others.

Each really has its own niche and only supports a few tokens. Most only support tokens that are issued on the same platform as the exhange is on(for instance Bitshares or counterparty). They are essentially betting on decentralized exchanges becoming a mainstream thing, which imo i'm doubtful of.

[stealth.money]

Is there really a need for lot of new exchanges?

I could think of the following -
1) COSS
2) Kyber
3) 0x
4) Waves
5) WBB's exchange
6) XBY's X-Change

Other than decentralization in what else these exchanges have to offer

* Binance.com
* Cobinhood.com --- https://www.coindesk.com/actor-jamie-foxx-promotes-cryptocurrency-exchange-ico/

The more the merrier.

[criticoflife]

Well if you think of it this way, there are more and more crypto buyers every day the market is exploding. In the future it will only be busier so yea i think there is a need for more exchanges. Some have some really good features too such as giving a % of the trading transaction fees back to users for holding specific coins in there wallets on the exchange.

[Kema]

Is there a need for more exchanges? YES, if they bring something new to the table.
If it's just a rehash of existing exchanges, it becomes more questionable. It can be anything I suppose? As long as it improves the experience for the user, it's all good IMHO.
At the moment I feel that the greatest advances could be found in improving access and simplifying the bridge between cryptocurrencies and fiat currencies.

[meisha]

I would like to see some more exchanges for the smaller market coins. Nova/etherDelta and yobit are so laggy and terrible to use. A more modern high speed exchange with some of the newer coins would be great!

[Legendari]

Other than decentralization in what else these exchanges have to offer

They can also offer you trade exotic pairs (such as trade tokens based on the waves)

[Eros1on]

I hold kyber and x, i'm not optimistic about waves because it is Russian and not optimistic about russia

[HongKong]

I hold kyber and x, i'm not optimistic about waves because it is Russian and not optimistic about russia

The major exchanges like Bittrex and Coinbase is the ones that will survive when Bitcoin gets very expensive.

Though those exchanges are very popular and they hold a bunch of Bitcoin and Altcoins, there is still a possibily of them running away with the money.

[Smolko]

There is definitely a need for a new exchange!
A decentarlized one but one which really works seriously WAVES DEX is waaaay to crappy and unfriendly to use no wonder no one ist trading there.
You need an App you need this you need that tooo much!

[gorodi]

There is a need for new exchanges. But only that these exchanges were of high quality and did not take a large interest, and also did not have a niche with you money.

It's a pity that such exchanges are a unit, but many already do not trust them. The best solution is a desktop wallet. Only in it there is at least some kind of stability.

[X7]

Is there really a need for lot of new exchanges?

I could think of the following -
1) COSS
2) Kyber
3) 0x
4) Waves
5) WBB's exchange
6) XBY's X-Change

Other than decentralization in what else these exchanges have to offer

More liquidity - more convenience - more decentralisation - more on ramps.

[maeusi]

Yes, we need as many exchangers as possible with different features I look especially for one like poloniex and bittrex with exchange and trade section and exchangers without registration like shapshift but cheaper.