Too many new Exchanges

[bastian466]

many new exchanges are good so many options for merchants to choose an exchange that makes them comfortable with the quality of service in it, surely every exchange has its own advantages and disadvantages

[ttking]

I think that today, there are really many exhanges and it is necessary to be very careful when choosing the safe one as some are scams. to my mind, it is possible to find a reliable one like Binance

[ajqjjj]

Too many coins are comes in the market so trading exchanges also increasing day by day but few exchanges only reliable because many scam trading platform are available in the market so peoples are panic to participate in some good platform also may be it is our responsible so we only careful to choose the exchanges.

[Vlad2255]

I tried to trade on many new exchanges and they are all very bad. Before you trade on new exchanges, pay attention to the order book. Often it is almost empty and the volume wrapped up by the exchange itself. Therefore, only a binance and only an idex.

[Bagani]

Just stick at the top exchanges like binance,kucoin,coinex,merca,bitz, coinexchange and etc. Dont look for the other  to avoid any losses. Some exchanges are just fake and trying to get all deposit tokens and say it been hack. If the token listed in a unknown exchanges i must suggest to wait for the next or atleast wait even top 10

[arafat222]

There are many crypto coin in online so next exchange are increasing day by day so I think it's no problem but you should verify real crytocurrency exchange market

[Tynovten_]

We have to accept it every new thing come obviously full of innovation, and no doubt the is of course risk in there. Of course you will use every exchange, because new exchange, because they created their own coins. Just how we minimize every risk on that exchange.

[Crypto_Spike_Factor]

Influx of exchange is a great way in improvising the crypto-community. This is a great way to achieve mainstream in the cryptoverse.

[canadinhano]

Yes, there are so many exchanges that we will not be able to choose our own potential coin.

[fudster]

There are lots of exchanges and there are also lots of tokens created almost everyday. Some of these tokens are not listed to some exchanges and they need to be listed which I guess these newly created exchanges will serve its purpose. There are tokens I like to buy but I can only find it on forkdelta and etherdelta, some people by the way don't like these two for some reasons. But if some excanges listed the tokens I will consider going there. I have even tried liqui last year.

[DarkIT]

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.

A lot of new exchanges have taken place and most have come from ICO projects. I think when the demand for investment is high, they will choose new exchanges with great potential for investment. However, the more you trade, the more scams you will get because new investors are more likely to make mistakes. We should be more careful and make a wise choice

well, so many companies who want to make a market because the profit of making a market that will be very much. but, of course it requires huge funds and great competition from other markets. besides, it has always been a huge risk by hacker attacks.

[Mia_pikachu]

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.

if I do not really think about making a new exchange, and right now there are a lot of new ICO projects that have created Exchange-smelling coins, with new Exchange, I think it's a nice addition, so merchants will have many options, they think Exchange has better and better security, and of course will be able to give them comfort and profit in trading.

[carlisle1]

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.

Its every investors prerogative on where to exchanges their token or coins and we have no issue on that,the problem is those scam exchangers in which this sites are vulnerable to hackers and if the Inside job happens the investors for sure will become a victim again

[cyberlilith]

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.

Yup, there is too many exchanges now specially DEX. Back in the days you will only have to choose from c-cex, bittrex or poloniex.

Exchange overload now!

[mk4]

Like you've said, having many exchanges are good for better competition. Lots of exchanges are being opened due to a lot of money can be potentially made (look at Binance, suddenly a giant) and there's probably nothing we can do about it, unless some strict regulations come.

I personally think it's fine having lots of exchanges, as lots of coins and tokens are also coming out(though it's debatable if this is a good thing or not).

[ubercool]

Most of them have fake volume, We have already seen many articles on this, how they are manipulating and changing their rankings on coinmarketcap. I dont trust these new exchanges and their tokens. Some of them just sell their tokens and ran away.

[Gaaara]

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.

There is no way that exchanges can be manages by us, the internet is widely spreading and now with altcoins being known all over the world more exchanges are more likely to come as it is a high profitable site having an idea to not create one is unreasonable, the thing is we cannot prohibit others from creating one the only thing we can do is give our full support to our trusted exchanges so that the exchange will have a good feedback and so traders will rely on that feedback then use it instead of using a new ones.

[Nisharawal]

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.

Your thoughts are right but i personally think that people don't like to trade the decentralized things in the centralized manner and they don't like to use the huge time taken for the KYC process as they fear to give out their personal information because crypto traders like to trade the cryptocurrency in anonymous mode and this is the reason there are tons of exchanges are opened recently and mostly are decentralized ones like Etherdelta which love to use as there is no registration or KYC needed for trading and even i like it.

[trumper]

Happily those exchanges have no very large volume as there are already popular exchanges like binance otherwise they will be another disaster as they probably have no enough experience in the industry.

[audaciousbeing]

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.

There is nothing in the number of exchange sites wee have currently. The only concern is to be sure that they are not out to scam people. The market is a large one and those tier 1 exchange sites can be said to have reached their capacity and that is why they are in one way or the other lacking in meeting clients expectations. They tend to treat people as if they are begging to them to make money for them.

Again, in the traditional world, we have several banks with each also having different branches which most times are built beside each for some advantages though and they don't have problem with each other because the market is enough for each and everybody to feature and attract customers. There is need for more dilution of the market so that when one of the exchange sites go down, it effect is not obvious in the crypto market.