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Author Topic: Too many new Exchanges  (Read 4337 times)
bagas79
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August 19, 2018, 11:00:05 PM
 #141

I think with more and more exchanges, it will be better for the development of the coin market,
although more competition will occur. And this means that the future of crypto or digital assets will get better.
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Gotomoon
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August 19, 2018, 11:43:06 PM
 #142

I think with more and more exchanges, it will be better for the development of the coin market,
although more competition will occur. And this means that the future of crypto or digital assets will get better.
Competition is always exist in the market the more exchange the more users will comes out. Our responsibility as a trader and as a users search first the best exchange. Those exhange with good feedback for us to be careful before using the exchange.
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August 19, 2018, 11:58:51 PM
 #143

I think with more and more exchanges, it will be better for the development of the coin market,
although more competition will occur. And this means that the future of crypto or digital assets will get better.

Competition is good but in this competition we wont be able to know which exchange is good and which will be scammer. So it is good to first have a good reputed exchange and dont get lure which exchanges who are giving free trading and some more benefits as if they wont earn then how will they survive.

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August 20, 2018, 12:48:56 AM
 #144

I think with more and more exchanges, it will be better for the development of the coin market,
although more competition will occur. And this means that the future of crypto or digital assets will get better.

Competition is good but in this competition we wont be able to know which exchange is good and which will be scammer. So it is good to first have a good reputed exchange and dont get lure which exchanges who are giving free trading and some more benefits as if they wont earn then how will they survive.

It`s too much for us, it`s the matter of perspective. We see everyday new exchange, there are so many markets now and that is one of the signs that crypto is growing with full power, doesn`t matter what price is showing. Why for is is too much, because we have seen crypto with couple leading exchanges, and now there are a lot, but look at that from global perspective, what is couple exchanges for one continent? Here we talk about billions of people, knowing how big world is there will be even more exchanges, think about it that almost every big city will have some local exchange or couple of them, it`s nothing for some city like New York is, London, Beijing, Tokio and to many many others, I will need a big list with cities over 10 million citizens. Bottom line is crypto is growing, there is a huge demand and new markets and exchanges are one of the good signs that we are on the right direction.

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August 20, 2018, 01:24:02 AM
 #145

For me , it is the best way to spread the cryptocurrency because if there are many different exchange on every country, it would help the people of the country to be more close to cryptocurrency, but having many new exchanges comes with very lot of crimes like scams or hacks, so choose your the best exchange with high security.
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August 20, 2018, 02:11:38 AM
 #146

I know right. I don't know why people see this as a good thing when all it does is to get investors and trade in their website. It does not give the coins their real usage and  it just emphasize that it is only just for a speculative asset. It pisses me off knowing that there are already more than 11k of them that exist.
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August 20, 2018, 03:06:45 AM
 #147

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.

Many exchange is good but how to find the best and can take all our activity become big problem for us. Every exchange have rules and some of them is difficult ( specially about KYC and fees ) and problems ( delay, support with out experience ), the question is can we stand with them?. I suggest take exchange that we already know have good reputation. Which one, go and take one chance with them and let's experience give you guide.

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Btc_1856
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August 20, 2018, 03:09:44 AM
 #148

Many exchanges are launching but we don't know exactly how they will act to investors. We should wait for sometime until they get a reputation in the market. Already there is some potential exchange in the market where we can start working in those exchanges for trading instead of trading in new exchanges.

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August 20, 2018, 03:18:56 AM
 #149

I think more and more exchangers are getting better, because every day more and more new altcoins are popping up, if the number of exchangers is limited there will be many altcoins that don't have exchange

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feelingfroggy
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August 20, 2018, 04:46:54 AM
 #150

I think the more exchanges the better.  I like to have more options vs fewer when trading.  Also with more and more exchanges coming online the competition will become fierce.  This competition should help us as traders get better platforms. 

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August 20, 2018, 05:21:31 AM
 #151

Because of the crypto advancement and usage people are more interested and it is a strong payment currency in the world which is now mostly using so the traders have started online exchanges for this purpose and now ADAB is the first Islamic exchange which will started soon.

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August 20, 2018, 05:41:26 AM
 #152

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.
Exchange and exchangers should be even tens times more. On a global scale, this is still very little. In us, probably, there is less than one exchanger or exchange for the state, it is still very little. For the convenience of their use, there must be much more. Especially the number of decentralized stock exchanges and exchangers should increase. Everyone should have a good choice on the exchange or sale of crypto-currency.
dang thi bich thuy
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August 20, 2018, 05:55:59 AM
 #153

I also think as you may be because of the profit generated by the page. They only earn a large amount of money Everyday have too many new Exchanges in the market and i think it is good for competing sites and is constantly evolving to meet the investors. But the problem is safe or not and i do not think it's time to evaluate.
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August 20, 2018, 07:10:28 AM
 #154

At some point in cryptocurrency, their would be a limited number of exchanges but for now, its good as this makes the competition fierce and gives the traders the leisure of selecting the best exchange that works for them
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August 20, 2018, 07:10:38 AM
 #155

There are now more exchanges. I found a pretty good project that was Extradecoin. You can find out more by:
Website : https://extradecoin.com/#/
Extradecoin understands the entertainment needs of users, so we have integrated the Game ecosystem into the trading platform platform. Investors can not only exchange currencies, exchange them on the platform, but also play games on the blockchain Exctradecoin platform.
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August 20, 2018, 07:49:13 AM
 #156

There are now more exchanges. I found a pretty good project that was Extradecoin. You can find out more by:
Website : https://extradecoin.com/#/
Extradecoin understands the entertainment needs of users, so we have integrated the Game ecosystem into the trading platform platform. Investors can not only exchange currencies, exchange them on the platform, but also play games on the blockchain Exctradecoin platform.


This new Trading system will be good but it is not had the right regulations in it this is my little opinion and will be very very careful with the new exchanges available right now but we can't say I'm not good at something will be good at this stage.

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August 20, 2018, 12:01:15 PM
 #157

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.

Many exchange is good but how to find the best and can take all our activity become big problem for us. Every exchange have rules and some of them is difficult ( specially about KYC and fees ) and problems ( delay, support with out experience ), the question is can we stand with them?. I suggest take exchange that we already know have good reputation. Which one, go and take one chance with them and let's experience give you guide.
yes that is right that too many exchanges are good no doubt, and i think that the exchanges are increasing from time to time because of the increasing number of bitcoin users.
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August 20, 2018, 01:52:14 PM
 #158

Check http://crypscan.com/ its a trading service, tracking top volume exchanges
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August 20, 2018, 01:54:47 PM
 #159

In addition to the large and prestigious trading floor, the current to meet the needs of investors should have many trading floors to meet their needs for market transactions.
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August 20, 2018, 02:44:27 PM
 #160

I really do not believe the new trading exchanges, although it's better, cheaper. But I still like the old and prestigious trading Exchanges
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