Cryptocurrency exchange got bigger

[Priaa165]

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?

When the government sees opportunities in cryptocurrency, there will be action and that's a natural thing, but we all know not all governments can see the opportunity in cryptocurrency. And when they see cryptocurrency as their competitor, they don't like it. It's that simple.

[qiwoman2]

You just need to check COINMARKETCAP on a weekly or monthly basis and you will see more and more exchanges sprouting up everywhere. I am seeing new ones come every week and a lot of the ones that are coming our way are DEXES, that is decentralized exchanges as many people who can't do KYC/AML in certain countries just pick up the odd token from DEXES so they can hold for the long term. Let's see if an EFT will bring an influx of new crypto customers as well to existing exchanges.

[Dudeperfect]

It is true that exchanges are growing day by day because generally new users coming in the crypto industry always prefer to pay more amount to buy Bitcoin from a company or a reputed platform instead of buying from individual irrespective of his reputation. That's the reason why running an exchange is emerging as a good business opportunity, especially for altcoins. There are some people earning good amount of money from the affiliate program of exchanges as compared to that of directly selling coins to newbies.

[joburgtaxi]

 Popularity of cryptocurrency are going up every day. More and more people investing in and working for the future. So there are creating many ways to get exchanges from that world. It is really personal choice in what system you want work

[Rembedful]

HBUS is the best place to exchange cryptocurrency https://www.hbus.com/

Yeah we want increase in the cryptocurrency exchanges in the world, because everyone will try to catch the users of crypto and thus we can have an option to find low transaction fee and fast transaction exchanges. It is good for all crypo investors. Every exchange will try to give better facilities to its users because of the tough competition and the benefit will be of its users.

[Alfiehob]

Such kind of news gives positive vibes.
As cryptocurrencies is being acknowledged better now than ever before.

very true, and in my personal opinion.
the more crypto exchange places, the more competition among markets.
it can make bitcoin prices soaring, I do not know it's just my personal opinion

Hacking is a big problem for all exchanges. Those who try their best to strengthen their security will be the best exchange of the world. People will try to use that exchange for their transactions. When there are lots of exchanges in the market, they will compete each other and will try to give best services to its users. They will also reduce their transaction fee.

[Ikay]

It might be correct that cryptocurrencies are acceptable in all country because of many exchanges now that came out so there are many possibilities that bitcoin and altcoins are getting more huge prices in future and make market more wide.

[patarfweefwee]

It just means that there are alot of exchanges goinf on. Alot of transactions are being done in the internet via crypto currency means that yhere are more platforms and uses for crypto currency and not just investments. Pother people and countries using crypto currencies are also good news. More popularity, the more powerful crypto currencies will be.

[Johnzky]

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?

But how many of this are reliable and not just scam?as we know vulnerabilities of exchanges in what they called HACKERS is very rampant now a days,many users losses their coins just because of the Hacking issues but sounds like bery fishy,things that harder to believe if may not inside jobs

This os not a sign of crypto explorations,instead this is another issue of greediness from those criminals inside crypto

[droptableguy2]

It is true that exchanges are growing day by day because generally new users coming in the crypto industry always prefer to pay more amount to buy Bitcoin from a company or a reputed platform instead of buying from individual irrespective of his reputation. That's the reason why running an exchange is emerging as a good business opportunity, especially for altcoins. There are some people earning good amount of money from the affiliate program of exchanges as compared to that of directly selling coins to newbies.

The development of the trading platform is indeed more modern and flexible than the application for its users. At the same time, the higher the chance of developing and increasing sales of electronic money, users have more ways to make money and become smarter from new projects.

[Kellyrobinson86]

Yes, cryptos are acknowledged by the nations and the number of exchanges is over 500 now but it does not affect the price of electronic money.

[Deubila]

It is true that exchanges are growing day by day because generally new users coming in the crypto industry always prefer to pay more amount to buy Bitcoin from a company or a reputed platform instead of buying from individual irrespective of his reputation. That's the reason why running an exchange is emerging as a good business opportunity, especially for altcoins. There are some people earning good amount of money from the affiliate program of exchanges as compared to that of directly selling coins to newbies.

The market is growing stronger and extremely developed is the obvious. Just watching the daily news channels all refer to the electronic money market. Accompanied by the rumors of huge profits that people hear them are very interested. This proves that electronic money is well received and more sustainable in the future.

[deloreswest]

Well with many new exchange sure it would help traders to choose which one is good and also exchange would be the first gate for money to come in crypto world.

[abstractednerve]

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?

every year the bitcoin price always rises from the beginning of the very low price, it happens because the more people use bitcion, that's the main cause of the increasing market volume, the number of traders is more and more from the number of miners because they already feel the benefits.

[icoprofits]

cryptocurrency exchange volume is increasing day by day we can see good volume in the market Binance is top in the list in regards to exchange volume and profits

[Marlo0619]

Well, that is a great news for all of the cryptocurrencies users especially for bitcoin users. Because we all know that in this year and last year, the value became to low. But now, it became higher and higer. That is the good news that we wanted to hear.

[PalindromemordnilaP]

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?

I don't think it will greatly affect the prices of cryptocurrencies if it is listed in multiple cryptoexchanges but i think its liquidity does. The more volume a cryptocurrency has, the better liquidity a crypto has, the faster for you to convert it into cash and trade it at a very reasonable price.

[frowsiter]

You just need to check COINMARKETCAP on a weekly or monthly basis and you will see more and more exchanges sprouting up everywhere. I am seeing new ones come every week and a lot of the ones that are coming our way are DEXES, that is decentralized exchanges as many people who can't do KYC/AML in certain countries just pick up the odd token from DEXES so they can hold for the long term. Let's see if an EFT will bring an influx of new crypto customers as well to existing exchanges.

Yeah that is true, they all are exchanges which are decentralised and thus they are just based on the same source code of DEX. I guess it pity how people are applying their knowledge to create more junk out of one junk. This is diluting the crypto currency trades and making the market more volatile. The reason that one can not handle crypto volume and prices over the decentralised exchange gets it more complicated and thus projects are affected badly. Literally anyone can list any coin over there and start trading it and thats the thing which makes any coin unofficial.

[gamechangers]

The increasing number of new cryptocurrency exchanges established nowadays is a confirmation of the fact that cryptocurrency is a booming market. It is expected to make cryptocurrency stronger as users will have variety of options which will in turn push this exchanges to offer excellent services and up their game.

[Ranly123]

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?

I would say yes, that the revolution of cryptocurrency has been an essential factor why most of the countries acknowledge it. Not that exchanges got bigger but also the people who believe that cryptocurrency could be an alternative way to earn and even get rich.