Too many new Exchanges

[Rose119]

yes you are right now there are lots of exchanges you have to be able to choose a good place of exchange and can provide very many benefits and have a very high daily trading volume.

Yeah there are so many exchange now,for me I always used same exchange, not all exchange is safe especially to those exchange that are really new . So be careful everytime you buy and sell.

[harizen]

Back then it would have been a good entry point for a new exchange,  I am afraid now it is either to lately too early

By looking at the positive note, if new exchanges will show some important "things" that a trader wants then I believed that even with the current market situation, they will have a great number of users. Bascially no such thing as wrong timing.

It's just a matter of how well those new exchanges will deal with all the associated concerns that they will faced on a current market trend.

So for a user, if they don't know how to play well with using multiple exchanges, new or not, then better refrain from using new exchanges and stick to the reputables ones.

[kingangel]

Ya really i also just took a look at the coinmarketcap in the list of exchanges and the list was just never ending...a couple of years ago there were namely 4 to 5 exchanges i know..but now the list is never ending...dont know if its good or bad for cryptocurrencies.

[cotton ball]

many emerging exchange markets are very good for transaction ecosystems, but if the market has only a small volume, especially decentralized markets, traders will eventually return to the market with the largest volume, I disagree with the emergence of a market that has no strong credibility in the long run and choose to sell coins until listing to better and more crowded markets.

[consideritdone]

So many exchanges with trans fee mining
https://www.coingecko.com/en/exchanges
I rather pick exchange I like and stick

[Isaremj3]

Yes their is too many exchange now but be very careful of scam exchange. Has a matter of fact I see lost some asset on a particular exchange make your finds before trade.

[kotajikikox]

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.

Concerning regarding the trust issue of exchange are diffucult to resolve about it, the fact is we need to careful choosing exchange for the trading job.

making and developing of new exchange are not limited theirs  nothing rules about it anyone have capital money to make an exchange are free.

[megaradux]

This is truly a sad thing as we put our money in too many places which does not help us at all.
We will pay a lot of fees from many different exchanges.
But those new markets still keep happening because they offer very low fee os listing or even free. That is why new projects keep applying for them and have their coins listed.

[Nhor1011]

    I think it was good to have many exchange so that people has many choices where they want to do trading. Also  you can choose the right exchange for you if there are more exchange in crypto market. You can buy and sell your tokens faster if there are more exchange.

[Osakrita]

On the contrary, we need more exchanges to cater for the needs of new ICOs, inasmuch as they are legitimate in their dealings we need more exchanges

[Osakrita]

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.

Concerning regarding the trust issue of exchange are diffucult to resolve about it, the fact is we need to careful choosing exchange for the trading job.

making and developing of new exchange are not limited theirs  nothing rules about it anyone have capital money to make an exchange are free.

This also kind of bring to bear the need never to leave your money on exchanges. It is a way to also limit your risk, also only try a new exchange with small amounts,see if they allow you withdrawal, and gradual increase your transaction as they prove themselves worthy player

[Reid]

    I think it was good to have many exchange so that people has many choices where they want to do trading. Also  you can choose the right exchange for you if there are more exchange in crypto market. You can buy and sell your tokens faster if there are more exchange.

But there is a risk with that too.
Any exchange could be a scam anytime. That is why I still prefer the decentralized one. But it is like they are getting lost by now.
All are controlled and needs KYC just so they could continue their business.

Faster buying and selling of tokens cannot be seen on how many exchange there is. It is about their technology. You wont have to make that as priority. It is still security that comes first.

[Natsuu]

    I think it was good to have many exchange so that people has many choices where they want to do trading. Also  you can choose the right exchange for you if there are more exchange in crypto market. You can buy and sell your tokens faster if there are more exchange.

But there is a risk with that too.
Any exchange could be a scam anytime. That is why I still prefer the decentralized one. But it is like they are getting lost by now.
All are controlled and needs KYC just so they could continue their business.

Faster buying and selling of tokens cannot be seen on how many exchange there is. It is about their technology. You wont have to make that as priority. It is still security that comes first.

Yeah if you're not comfortable in doing kyc then pass then choose the decentralized one. We all know how fast and dirty the technology and our identity can be stolen anytime though they assure us it won't happen.

And mostly of centralized sites are full of fake orders of bot trying to lure traders that they have high liquidity. It just so sick to think that technology is being use in stupidity and greed.

[otundebis]

Regulated exchange will stiffen growth  and development in cryptocurrency trading and market liquidity and volume may decrease as a result.  People are in cryptocurrency because of freedom cryptocurrency provides,  we need more exchange!

[Daseento]

I'm oppose to that idea of regulation because it contradict what crypto stands for which is decentralization. Let all the exchange (new and old) compete favourably among each other, it will bring out the best service from them and investors would benefit.

[diceoption.com]

There are many emerging exchanges and also much old exchanges reduced liquidity 

[putrii]

yes you are right now there are so many exchange places but do not be fooled and you should choose a place of exchange that has a very high trading volume and choose those that have very guaranteed security.

[feizhu1988]

This is a very normal phenomenon, everyone is coming here to make money. It is well known that the current stock exchanges make a lot of money everyday, so people open the exchanges one by one, which blames Binance for being too successful

[taunghiqua]

I think many new trading floors are created to increase the competitive capacity between the floors. Trading platforms can add more choices to list on higher quality altcoins. We need to thoroughly understand information about trading floors. good luck

[btcyoda]

Yes, we are seeing many new exchanges daily but don't skip to new exchange stick to the old ones because we find some security measures whereas we don't know how the new exchanges are going to be. It is not good to keep on diverting to the new exchanges.