Too many new Exchanges

[baundul]

The more the world is progressing we are going to become more digital. As a result, we started the crypt transaction to forget the stock market. The crypt market is profitable and the exchange market is very profitable. This is our daily necessity like food. It is profitable and necessary that the entrepreneur and investor have fallen on it. The new exchange in the Competition market has brought many innovations and security to survive.

[1715123051]

1715123051

[1715123051]

1715123051

[1715123051]

1715123051

[1715123051]

1715123051

[1715123051]

1715123051

[googs84]

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.

Well we can not stop shops from forming everyday and no matter what, there will be new one opening everyday. You can not stop this process because you or me is not the deciding factor here. In addition to this, the market is blessed with decentralised or open source platform where anyone with basic knowledge can code their own exchanger. So its like most easiest stuff plus you get huge profits from the investors of it as well as users of it. 
So you see now you can get the idea why there are so many exchangers out there. Also its good for the market because it gives us big foundation for trading and thus money flows in easily.

[idythef]

hi. Cannot agree with the word 'too' here...As the whole industry is getting bigger and bigger and more and more people are getting interested in buying/selling coins, there's a necessity to set up new projects, exchanges and services (like e.g. bitwinex service)  every day.

[m_f_o_c]

I think that we should not care that there are so many crypto-exchange exchanges. I believe that you need to use the already created exchanges and improve them and do not pay attention to all the others.

[mega]

As we know crypto market is growing other hand exchanges are also expanding,So choose wisely your exchanges because your funds matters and hackers are active to attack the exchanges. Okex,Bittrex,Gate i.o are beat exchanges with user friendly interface,Use high security tools like 2fa to secure the funds.

[rugrats]

I think that we should not care that there are so many crypto-exchange exchanges. I believe that you need to use the already created exchanges and improve them and do not pay attention to all the others.

Yes, it can be distracting with all the new exchanges but to be safe I'd stick to one which I know of and which works well for me rather than experiment with the new ones, unless they're 10x better than pre-existing ones.

[Firefox07]

Yes, there are so many exchanges. But not all of them are trusted. So as of now i don't trade on that new exchanges. Because i think it is risky.

[mybtcasset]

in the crypto market ecosystem  all are profitable starting a coin or exchange or running a news website all areas keep developing

[alfs75]

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.

Definetly its true thats there's so many exchange trading now,because its the part of competition being a decentalized market,however being a part of cryptocurrency world we need to have an exchange thats easily to understand in making transaction,low processing fee,easily to making a trading investment and lastly a exchange trading thats can be user friendly and have a hacking or scamming protection shield in order to make our account secure from all harm.

[Slow death]

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 you can see in the scam accusation section, you will see that exchange like yobit, poloniex, hitbtc, bittrex, cex.io and some more small exchanges, are full of serious problems and many people are losing money because these exchange do not provide good service we need governments to regulate exchange to prevent scammers from creating exchange just to deceive and steal money from people. unfortunately this is a mess.

[hirngespenst]

Yes, Nowadays, Most of the ICO projects are focusing on exchanges to make money. That's why every month we are seeing several new Exchange-based ICO Projects are coming. Investors are investing too. But at the end of the day, most of the exchanges are valueless. Especially many decentralized exchanges are totally worthless. some centralized exchanges are too. Too many exchanges are dividing investors because we have less investor or trades than exchanges. Personally, I have no hope in new exchanges anymore, because I have already plenty of options to exchange my coins.

[SlimShadyMmp]

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 their number keep increasing everyday but the thing is atleast there are the best and popular ones and i think they have all the neccesary tokens and altcoin you will basically need so i think just find good ones Most new ones might turn out great and thats a good thing and some might just banish i will just advice to choose your exchange wisely

[feelingfroggy]

I like the increasing number of exchanges.  I have a few coins on only one exchange and they are all controlled by BS bot trading.  I feel like if each coin was on more exchanges the trading would even out a bit and be harder to control by one individual. 

[Shazxdx]

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 that it is not necessary to limit. A natural competitive selection will put everything in its place. In addition to the issue of trust, there is still a habit. For example, I do not want to leave some of the exchanges, because I'm very used to the interface and mechanics of some exchanges.

Thats true and i agree to you. Many users do not want to leave old exchanges just because they are addicted to that template and dont want to practice new ones.

[Haoque89]

There are lots of coin for you, you can choose for yourself the hot coin of the market such as NEO or ETH or Bitcoin ... variety choice for you, we should choose coin capable profitable but low price to buy them

[zeaderza]

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 wrong with it, those people (the exchanges) are all doing business and you can’t prevent people from doing their business, it’s left for you to be careful and avoid those bad ones. Since you already knew that there are scammers out there, stop taking risk and stick to the old ones instead. I don’t just jump into these new exchangers that getting into the crypto platform  while there are already well trusted platforms like Bittrex, Binance and Poloniex. So it’s your choice to make.

[hdueuieo123]

There have been many new changes in recent days in the ebullient market of electronic money space. Apart from Bitcoin, some of the co-workers, such as ETH, XRP, NEO, have a significant shift. That is a good sign for traders.

[sgdgiig123]

The evaluation of a floor is professional and global or not from the two main factors are the number of transactions and transactions on the floor. A summary is that many other factors are the interface, transactional, support group, security level, security layer, common variable...
Altcoin is still a better deal

[Indrawan77]

I agree, actually more exchanges is better, traders can compare the fee, the coin price, customer supports and everything, it also can become the opportunity to make profot from arbitrage, but most of the new exchanges not fully prepared and become the target of the hackers, and the hacking exchanges news can make crypto price fall down

[tiurminator]

Yeah, too many ICOs, too many exchanges, too many wallet.  Everything about cryptocurrencies in my opinion is too many now.  This year, 2018 is a crypto year.  It is a crypto rush.