Cryptocurrency exchange got bigger

[andieoke]

The more Crytocurrency exchanges I think the better, because with the addition of Crypto Exchange that means Cryptocurrency already recognized in that place. but in my opinion that affects the price of crypto coins not because of the large number of exchanges, but that affects the price is the demand and supply of Cryptocurrency coins. tp with the increase of this exchange, will certainly make us will have more options, in which market we will trade.

[posi]

With the crypto currency exchange increasing in number, we can say cryptocurrencies is being acknowledged better now than before cause back in the early 2016 it usually take 2 business days before I get the bitcoin I buy through fiat or sell but now I get the transaction in few hours. This mean cryptocurrency is progress and gain more acknowledge.

[arlington]

having more exchanges has both its advantages and disadvantages. For example in recent months many exchanges got hacked and market experienced a fall which affected all the coins, not only the stolen ones. On the other hand having more exchanges mean that more people would have the chance to invest and more liquadity of money will be possible.

[RAAAMA]

Like in the time of Gold Rush, there are so many companies open to sell products to mine Gold. It seems happening as well that exchanges serves as platform in order to trade the token/coin being earn or mine. I think there is a possibility that mass adoption is soon going to happen as more exchanges being established. Let us be positive.

[b3j0]

it is true if cryptocurrency is more recognized at this time, but also many who want to drop cryptocurrency. these people will continue to make negative news about cryptocurrency.

[Nhor1011]

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?

    Of course having more  exchange could affect the prices of cryptocurrency because every echange will compete to each other just to have more demand to their exchange and the possible result the price of cryptocurrency will be better. But it is still depends on a kind of that listed on their exchage and how many demand are in this kinds of coins.

[Shamie1002]

We can not stop developers from doing that. With alts being made for different projects, there is a sure proportional or direct effect on the exchanges. Though I see exchanges as opportunities and services open to everyone, there is always that feeling of anxiety along with the risks of loosing some amount if not legit. I personally think that exchanges is like lt-coins has their possibility that it wont be successful. E

[purple.thoughts]

This is a good news for us users because as long as the cryptocurrency traders exchange different kind of digital currency into one another then its value becomes high and in demand.

[v3liana]

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?

that means opening exchange is profitable and it makes many company try to build one. I believe build exchange is easier than build a bank. So i do think it might affect cryptocurrency, volume will increase and price slowly will increasing.

[0t3p0t]

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?

Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations.

[cabron]

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?

Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations.

This can also be the sign of more players in the crypto space trying to get more money from the users, don't you think some of them are run by government itself?  I have the feeling like they are all up to get more information from users, they may not require KYC for now but sooner when our tokens are worth millions, they may start asking passports and drivers license or else they'd freeze our account.

[miyaka26]

It is not surprising that the number of Crypto exchanges are constantly increasing most especially those local exchanges yearly, business is business after all and the world of crypto is not an exception to that, however, it doesn't mean the quantity is increasing it will be the best beneficial factor to affect the prices of all cryptocurrency, it may do something or not at all, local exchanges for example can reach out those people who are unaware about cryptocurrency.

[Betwrong]

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?

Prices of cryptocurrencies will be rising with wider adoption, and of course the fact that exchanges are growing in number contributes to faster adoption big time. I think there are much more exchanges in the world than that you are telling of in your post. There are more than 100 crypto exchanges in my country alone and I live in a small Eastern European country. And yes, this means that cryptocurrencies are being acknowledged widely than ever before these days. We are standing on the verge of mass adoption today.

[Guryon_master]

I like the current progress of exchanges because it is good to see that there's more is coming meaning to say we can see the best one and the more that there are new exchanges are coming the competition will grow and the better service will become the top priority from them to the investors.

[hahay]

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?

Yes it is because of the demand on the market itself which many countries have their own exchange to be able to directly convert crypto into their currency. Even my country that can be said bitcoin still neutral and even there is still a ban, but with a high demand then the crypto exchange in the country also continues to increase.

[Indra32]

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.

I think other countries now create the Exchange of their own, is this means that cryptocurrency has been recognized better than ever? and if so, is to have more Exchange can greatly affect currency rates crypto? I ever read the article on the Internet that Exchange cryptocurrency growing number. until now number of Exchange has 500 and growing.

[Reid]

Yeah and a lot of them are also getting hacked by a ghost. 
Inside job or not, why let it happen if there are millions of money involved inside.
We should pick the better ones where security is priority unlike others who just created the exchange for their own greed of money.

Out of all the exchanges, just how many of them are the popular ones who are still standing up until now and gives support to those who gets a problem with their accounts.

[Freshmen]

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?

Having a lot of exchanges does not affect the price of bitcoin in anyway at all. But I will advise you to stick to your current exchanges that you’re using instead of going for all these new exchanges, unless you just want to take the risk of being an example for others, then no prob. Why I’m saying this is because most of these new exchanges are scam, although I know that there are legit ones out there, but you still have to be very careful.

[Kemarit]

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?

Yeah not only international exchanges are getting bigger but also local exchnages and I think this is the sign of good and bright future of cryptocurrency all over the world there are some investors open new exchanges to broaden and help traders to buy and sell assets. Maybe it can affect but for me the battle of fees will be there and of course more liquidity for newly born tokens and coins available on the market today and for the next generations.

I'm assuming that the local exchanges you are saying is in the Philippines right? Because I read that they have plans to open 20+ for now and then 60 in the next coming years. That's a lot of local exchanges. Even locals coins.ph now have its own trading platform so everything looks good in the Philippines. In a wider perspective, it only means that there's recognition that bitcoin and crpyto will really exploded in the next 5 years or so because of the continuous growth of crypto money. People now finds crypto a safe haven for their money investment wise or even grow their money doing trading. However, competition will be tough in this area, because some well known exchanges have a good head start and those planning to enter the field will have their hands full on how to get some slice on that big pie, a multi-billion dollar industry.

[Samaaliu]

The rise in cryptocurrency exchanges is a good thing. But there is need to put a check on some of this exchanges so that people won't be defrauded of their hard earned investments. The rise in numerous exchanges gets to show that more people have accepted cryptocurrencies and have decided to invest in it by creating this exchanges. Also, the more the exchanges, the more options for cryptotraders, and also a possible reduction in trading fees due to competition among the various exchanges.