Cryptocurrency exchange got bigger

[engwenqu01]

The exchange is not big enough now, because too many people do not enter the market. So when the next time everyone comes in, you will find that the exchange is not enough. But then I am afraid I can do point-to-point transactions, only large transactions come back to the exchange.

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[charlotte04]

I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

No, some of the exchange are used just to hacked other people or just a way to make money. We should always try to acknowledge those exchanges that are commonly used by everyone.

[Ctn]

I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

The answer is yes, they will affect the prices greatly. This is because of increased number of investors coming from the different regions. The fact is, as soon as the number of investors grows they put up more stakes on the different coins through different exchangers and thus creates new stream of inflow for the money. This is obviously can be seen as positive surge for the coins. The exchangers are always thought to be volume driver where once the coin is listed it starts receiving huge number of investor count and thus price surely rises by some %. Its true fact.

[connesa]

thats true more and more new exchange popping up nowadays...out of those 500 exchange how many are trusted and legit?
so many new exchange yes,also note the scam exit of other exchange,,the question now here is how secured are those exchange?

[Coffee135]

I never use new exchangers until my friends are convinced that this is not a Scam. But even then, I don't keep any money there. I work only through proven exchangers and new and promising remain in my bookmarks for the future. I'm conservative. Why change the old and proven exchange for a new one? It seems to me that the best conditions will not be there.

[xyzone]

Doing business in making crypto exchange places is very good. Profit from fee listing, trade fee, and fee send token or coin between markets or exchange places.

[fishball]

I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

This is quite refreshing and motivating. This will probably attract more investors in crypto world and again will eventually lead to increase in price again.

[rasmusen]

Let them be more, but the quality of this will not improve. And the prices, in my opinion, will grow a little from the beginning, and then the "era of stability" may begin.

[jaysabi]

I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

This is quite refreshing and motivating. This will probably attract more investors in crypto world and again will eventually lead to increase in price again.

Exchanges make more money when there's more trading activity, which necessitates more traders. Having more exchanges doesn't necessarily help that. Access to exchanges isn't what's preventing the price from rising at this point. There are enough exchanges that nobody is at a dearth for access and the biggest exchanges are already submitting themselves to regulatory oversight in a bid to increase confidence in the system.

[spongegar]

That is a good news. More andore exchsnges means more and more people are using crypto currencies. More people using crypto currencies means more demand for it. More demand means a higher price. I just hope that this continues more and more and more and more people use crypto currency not as an investment but as money to exchange for goods and services.

[gowobonyok]

not entirely that it affects the price of crypto. precisely because the greater the exchange, making the token that will launch, takes longer than before. maybe in the future, can split the exchange site, so as not too crowded. for the price issue, the most influential is supply and demands.

[yanimkurniawan]

I think a lot of better and easier exchanges you do and so many good coins, you will also be easier to make a profit in a short time, you can go in the binace, hitbtc, and bittrex market there you will more easily get every day fortunately, by waiting for a lower price you can get and sell by waiting for a higher price.

[jeluhtajem]

that's good news, it shows that bitcoin has been well received in all countries.
and in my opinion that would not affect the bitcoin price at all.
as more and more markets will trade more and more traders and trading options.

[rollingstorm45]

with the local exchange, it allows everyone to have a wide gateway, for those who want to join the cryptocurrency community
I am very happy with the local exchanger, which helps everyone to buy BTC easier

[sunsilk]

Yes! that can be one of the factor that we can say that crypto's are being acknowledged everywhere because of the growth in numbers of exchanges and ventures coming up to make their own exchange.

Having more than one exchange can have significant impact and makes the price different through volumes and that makes the dominance of a coin greater if there are many exchanges accepted it.

Local exchangers are now popular to be as a way to cash out crypto profits and they are expanding because of the growth of users too, this is clearly stating that there's a massive adoption.

[gambitcoin53]

I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?

well yeah, having so many popping exchanges out there is a good thing for both bitcoin and users, more exchangers means more options and choices for the users, this will eventually results in low cost of exchange fees and will increase users that will demand bitcoin, more demands means higher prices, surely be profitable for the traders and users.

[InvestICO2L]

The number of exchangers is growing but I can not say that among them there are worthy of attention exchangers. TOP 10 most popular exchangers are the best and I do not see the point to use others. Using a new exchanger is always a risk. I think that most of them will close and eat users who at this moment will use their services will not be lucky.

More exchanges site it means crypto currency are improving and become popular in many places. And also it means there's a lot of people that using  crypto currency.

I kind of agree your answer guy. We all see nowadays the number of exchanges increase incredibly and yep it shows crytocurrency is going more viral in various parts of the world  and gradually people are much aware with the benefit that they can reach from cryptocurrency. However, the more exchanges created, the more complication we may face in choosing a good exchange to join. Because some exchanges can be created for scamming people to get benefit. We thus should be more careful and vigilant  before picking an exchange.

[target]

It also means that there are lots of options where to go to buy cryptocurrencies, there are exchanges that aren't being used because they  don't have any exposure and not tested by anyone yet. Some may even be scam only. Some exchanges collects data from us asking KTC too. This can be alarming when most of us are trying to be anonymous, they are gradually making a database. I'm not gonna be surprise if big exchange will acquire the smaller ones only to collect data.

[redsap]

I think it should be positive to having more exchange to establish many transaction of it. Right now there has a lot of coin that circulation of the exchange has doing great. With that it can help crypto circulation

[tanghere02]

I think it somehow affects the prices of the ceyptocurrencies because the demand on that exchange matters to the market. And it is actually okay if exchanges got bigger in number because that only goes to show that the supply and demand on these cryptocurrencies are growing in number too.