Too many new Exchanges

[kumala_abi]

I think it is not the best advice to invest in all the exchanges due to because before working in the new exchange firstly they should be very trustable. Already we have many exchanges which are very trustworthy, potential exchanges will list the potential coins with active developments from them.

using existing and trusty exchanges make our money safe.dont forget about the risk if we trading in unknown exchanges.its very dangerous , they could take our money by making hacking reason.

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[oceantiger]

This is a good omen to the cryptocurrency exchange and management. The more exchange we have more competition among them to satisfy the customer and attract many of them to their platform. This competition will lead to less transaction fee, faster scalability and good and faster response to issues from the support team.

[boyz97]

I think it is not the best advice to invest in all the exchanges due to because before working in the new exchange firstly they should be very trustable. Already we have many exchanges which are very trustworthy, potential exchanges will list the potential coins with active developments from them.

using existing and trusty exchanges make our money safe.dont forget about the risk if we trading in unknown exchanges.its very dangerous , they could take our money by making hacking reason.

we have to prevent that accidents.as we know too many exchanges in cryptocurrency market now, and we have to very selective to choose one of these exchange.so our money safe.

[Parabellun1917]

Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.

Hello! The problem of trust is always present. But there are really cool exchanges that are pleasant to use. I think we will come to regulation soon, it is rather a matter of time.

[ringgo96]

I think it is not the best advice to invest in all the exchanges due to because before working in the new exchange firstly they should be very trustable. Already we have many exchanges which are very trustworthy, potential exchanges will list the potential coins with active developments from them.

indeed it's not so good. they are also equally conceptually nothing different. it will only give a great advantage to their founders because the actual benfit is not too big

[CryptoPowerL]

I know two examples when a large exchange stopped its work and the users of this platform were left with nothing. This is very bad. Lack of regulation is a disadvantage. I use different exchanges when I need to sell some kind of token

[posi]

Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.

I think it is better to regulate the number of exchanges for the reason that the trading volume will be higher in a single exchange platform if the numbers on it's competency will be reduced. If other exchanges will be shutdown or closed , no doubt that volume of traders will transfer to other good exchanges.

too many exchanges bring advantages and disadvantages for us.has more exchanges bring huge liquidity in cryptocurrency market, but its become risky when fake ico make fake exchanges.

Yes, every thing that have an advantages will definitely disadvantages but to me I dont see any bad thing in having too much exchange in the crypto sphere because exchange site are crypto bank and in the real world we have countless number of fiat banks. Concerning the fake ICO exchange base on my experience fake exchange ICO are easy to spotted out.

[panjay]

well there are so many exchanges that pop up lately, many of them was an ICO with it's a native token to their own exchange. The problem was like you said. Trust.
it's built with time and the credibility will come by themselves. Looks binance for the example, for a short period of time they become one of the biggest trading volume in all of the sea of exchange.

[Lazada]

The more exchange, in my opinion it is a good thing. This is because there will be more variety and interesting services. Each exchange will try to always provide the best service. This is a thing to build the best service, the more exchanges, the more options for trading.

Choose an exchange that has the best security features and also has a good reputation.

[TheReverend]

i think new exchange is good for crypto development,but too much is not good.
people will confuse to choose which exchange are really good, but no rules for that, all people can make exchange.

[ginobitcoiner]

there are too many exchangers, and many of them are fake exchangers, there has never been a trade, the trading volume on the platform is only done by the bot. to attract people to make a deposit and in the end cannot withdraw

[emberbekas]

With the increasing number of exchanges that arise, of course, requires us to be extra careful in choosing their services. It would be better if we continue to use exchanges that have been proven to be honest and trustworthy rather than choosing something new that will not necessarily have better quality than the existing exchanges.

[iged_war]

there are too many exchangers, and many of them are fake exchangers, there has never been a trade, the trading volume on the platform is only done by the bot. to attract people to make a deposit and in the end cannot withdraw

so we have to choose reputable exchangers .that is why our research and observation become so important for us to avoid scam projects or even exchanges.we have many ways to identify this fake exchanges.

[Malamok101]

More exchanger is good for new coins like Ico to insert in their exchanges to trade but some of exchanges like to list for free listing and don't need to pay for listing.

[Robotbitcoin22]

Not a good thing in my opinion with the increasing number of exchanges. because right now when the conditions are not good, the projeck of the exchange project that actually decreases even more

[Kotone]

Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.

Regulation is the word that most in the crypto world especially enthusiasts are allergic to. They despise the word so this shouldn't be the case. It's better imo for competition sake to lower the price of the trading fees and to get after improvements in major exchanges and new ones.

[Xivibe]

Well it's not about the total quantity of exchanges, it's about the quality of the ones you use.

However, we have to stay aware. Many exchanges are fully anonymous from the outside.

Not referring to any company... I have my doubts when I see those.

Some of them might just be fair, decent and stand for what the crowd is looking for.
Nevertheless, avoid shady exchanges, do your research.

[untugede]

Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.

yes, indeed with a lot of new exchange, in my opinion it is good and there is also no good, good with the new exchange we can freely choose where we have to trade, and can compare the costs of trade from exchange to other exchanges, but about security we have to think about choosing an exchange for us to be able to trade, therefore security of exchange for me is very important, if I prefer an exchange that has a slightly more expensive trade fee, but that exchange has better security.

[abel1337]

Well it's not about the total quantity of exchanges, it's about the quality of the ones you use.

However, we have to stay aware. Many exchanges are fully anonymous from the outside.

Not referring to any company... I have my doubts when I see those.

Some of them might just be fair, decent and stand for what the crowd is looking for.
Nevertheless, avoid shady exchanges, do your research.

I agree , the one who has a quality exchange will surely standout above all exchange . But it is also good that there are many exchange that is existing. There are new coins that can be listed on new exchanges.

[mattukarsamb]

I think its a normal, thats mean the crypto business is getting bigger today, but someting make me wonder, how they survive amid the increasingly intense market competition, I think not all of the new exchanger will survive in the next five years.
I conclude like that because there are many new exchangers where there is no trade activity in it, so what is the use of the new exchanger if no one is buying and selling there.

Yeah I agree, I guess the new Exchanger must be able to make trader delightful to buy/sell there.
I see the new Exchanger currently has always had a very low volume so make traders reluctant to trade there.

Those owners of new exchanges who are expert and know that how to grow their exchanges are now the owners of bigger exchanges but there are some who do not know all that how to promote their exchanges and how to gain more traders are going to die with lowest volume.