Too many new Exchanges

[coffigayo]

In my opinion it is not a problem, more new exchanges mean we have more options to trade, as long as we know the risks, of course we should check and read some reviews about such exchanges.And more competition between all exchanges, quality and service will be better also in the market.

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[pritibitisi]

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 also notice that  there are so many new exchangers , making me question if this exchange sites are safe to use.
well its on the traders to decide. as for me i just trade on trusted exchange. Although even big trading can be attack by hackers.

[kyle999]

There are many options for markets to start trading with altcoins, tokens or bitcoins because it depends on the market you choose because too many dummy markets are no longer responding.

[jbfkasfaiew]

Due to the lack of control regulations, altcoins still exist in the market under complicated circumstances. There are also many options for altcoin trading.

[okocrypto]

Proliferation of exchanges is the reason why we have too many shit coins today. Most of the exchanges are just out to exploit people and that is bad for crypto. Regulation is what will solve this problem

[giacatluong]

Proliferation of exchanges is the reason why we have too many shit coins today. Most of the exchanges are just out to exploit people and that is bad for crypto. Regulation is what will solve this problem

The current appearance of many coins should also need more trading floor to suit everyone. There is only trading floor for trading, there is floor to encourage participation to receive bonus, there is only floor for lending.

[Faxmate]

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.

With the passage of time the world is going towards betterment which will bring new innovations and technologies as a solution or other sources to make it in the benefit of people. Now we are looking to many new exchanges and new cryptocurrencies are also coming so we are entering in more advancement. You have to follow rules which will keep you safe on any authentic place and if you are not following the basic rules then you will face with problems even on highly rated and recommended source.

[fairyvibes]

There are a lot of exchanges but most of them suck.  I avoid exchanges that require KYC and ones that have really high fees.

[Osech1]

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 agree to throw there must be a limit in the amount of exchange, because the amount of exchange is currently very much and is currently rampant cases of hacked exchange

[2@abcdeeply]

Yes, this is a big deal for traders, I have seen very small trading places and almost no volumn, so I think it is a good idea to limit trading positions, the ico poor quality or deceptive.

[Sergey Minchenko]

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.

Woah, I hear about 'em the other day, too. Like, if I'm not mistaken, this Bitwinex thing is brand-new n lets you buy and sell virtual coins.

[dzhax]

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.

Woah, I hear about 'em the other day, too. Like, if I'm not mistaken, this Bitwinex thing is brand-new n lets you buy and sell virtual coins.

Read about this new them on worldcoinindex.com. You buy a coin, then sell it at a higher price and all prices are fixed.
I’m really in two minds about it.

[Thanasis]

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.

Too many ICOs and too many Exchanges because there were too many people entering into the crypto currency world for now.I think it has pros and cons but we need to take the positivity more,if the number of exchanges increases there will be competition between the exchanges will occur so they will try to provide the best service as they can which is the most thing lack now in any crypto exchanges.

[TravelMug]

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.

In terms of crypto year? I think 2017 could be considered as one of the biggest year we have seen so far, evident of the madness of December. But 2018 is really a struggle so I won't consider it a crypto year. For exchanges though, obviously we are getting bigger eventhough the market is really having a hard time to get up. But as I have said in my previous post, there are more investors/developers wanted to build a exchange and earn a lot of money, simply as that.

[Rollkal]

The current market generates many new exchanges, we can not choose which exchange is better, there are many exchanges are born but inefficient operation and that is why the market increasingly risk and more difficult for investors

[FalcoonRed]

yes indeed too many new exchanges that make the traders confused and not all new exchanges safe. always alert

[isaac_clarke22]

-snip-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.

As long as the uniqueness of every exchanges gets created, not just from its UI or the layout but the rate of the trades of a specific coin for example should be different from the rates of the other exchanges. The security of the site is gonna be also crucial part for this since this can cause a people to withdraw out their coins into their own wallets. Some people just became careless of whatever they do in their coins like leave it in an exchange site. It is truly a bad practice but they wouldn't just stop their own ignorance at that.

[nano77]

I think with many new exchangers will give us the option to be able to choose a good exchanger and have a good price so that will provide good profit also for us

[just_Alice]

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.

No doubt there are too many of them, which complicates the whole choosing worthy ones process. But nowadays there are too much of everything related to crypto world. Aren't there too much of ICOs (around 3965 ICOs, and these are only the top ones)? Or maybe too much altcoins (around 1570)? And those numbers are growing exponentially, that's why the number of exchanges increases as well. This fact, however, depicts that interest to the crypto market keeps growing, which is good news for all of us. You just need to follow top lists and news to stay aware of upcoming risks.

[kaizerblitz]

For me it just a good one that there so many competitor and it will be chance to select the best exchanger that has low fees when in comes on deposit and withdrawals.