Too many new Exchanges

[TranTrongit]

with many new trading exchanges created. It will give investors more choice, and create fair competition between exchanges. And anti-monopoly is prone to price manipulation

[jujurloe]

more and more exchanges will make crypto activities better and more alive. but now more and more exchanges are scam and that raises all our worries, I prefer a trusted exchange to avoid greater losses

[aliceayag]

Many people are creating new exchanges because of crypto popularity, thinking that they will have more income and they will be succesful. For the investor it is great because they can choose best for them.however, there are too many good and bad exchanges. We cannot say it specifically but we have to be careful choosing our exchange.

[Rodeo02]

Yes. Now a day’s almost every day at least one exchange sites comes to offer us for exchange and trade through their sites. But I think most of them can be scam. Though they offer for low exchange rate and lots of offer but I think it’s better to trade or exchange in old but trusted one. Bittrex and binance are good for all time. You can also find kraken as a good sites. Keep away at least 6 months before open a new account for exchange a new sites.

Well try also for the most used exchanges and not to make a trust easily for the new exchange that are been made for now, i dont trust this new exchange if it is not to be well known as the legit site for.

[blindminer]

I also do not trust the newer exchanges, with the exception of cobinhood, they have advanced tech and are very secure. Apparently 97% of assets are in a cold storage which gives some peace of mind.

[hector3115]

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.

It is my dream to have a United global exchange which would be giving us the ability to exchange any cryptocurrency to any crypto currency and also to sell it right there for the local one

[EXtremeAEX]

I believe that there is no need to limit the number of exchanges. If there are a lot of good exchanges, then among them will grow competition, and this will improve their work. And the final consumers, that is, we are with you, this is exactly what we need.
Regarding regulation, everything here is ambiguous. Regulation means a centralized exchange. Personally, I prefer decentralized exchanges if it possible.

[Vness10]

That's true there's so many new exchange now but I think even many new exchange now. It's so long manage it. And I think it's good to have many exchange so we can decide where we can trade and new coins decide to put in new exchange.

[GreatArkansas]

For me, it is better because I believe that the more exchange, the more adoption of cryptocurrency. But there are also disadvantages for having many exchanges, like for hacking or scam for different exchanges, it will affect the image of cryptocurrency.

[BigTeeths]

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 really agree that the SEC should make a limited number of exchanges because the increase of pricing is hard to be achieved when volumes are scattered. There should be at least less than 20 per country so new users will not make a hard decision to find the best ones.

[senin]

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 do not think that having many different exchangers is bad. The more exchangers, the easier it will be to exchange crypto currency. For each country there must be at least a few exchangers. Therefore, on the contrary, they are still small. Especially need decentralized exchanges, where we can trade without any kind of checks and reporting of their data.

[Affilate User]

yes you are right now there are so many new exchange places and you have to be able to use the place of exchange to be able to get a lot of profit and make sure the place of exchange has a very high daily trading volume and has very high security.

[Farma]

yes you are right now there are so many new exchange places and you have to be able to use the place of exchange to be able to get a lot of profit and make sure the place of exchange has a very high daily trading volume and has very high security.

I think that's pretty good. so there are so many choices for current transactions. besides, when a market accepts an altcoin, it is likely that it will make the price increase. Well, I think it's very good while it's not a scam.

[Aniadec]

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.

The more exchnages the better for ordinary traders. But, sooner or later 10-20 biggest exchnages will combine together and "kill' all the rest exchnages.

[KarinaChernyav]

Yes, there are a lot of new exchanges now. But I choose the best of the old stock exchanges, it's safe . And I already know what kind of commission.

[sapnu]

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.

Actually we are not forced to exchange to every exchnagers in the market. So despite of many exchangers that were newly released,it would still be on us on which one to use whether the old ones or the new ones. But surely, old exchangers would be more used given that it already earned the trust of many people.

[chichidori]

And more will be build another ICO about exchange have just concluded and promising that it will be bigger that binance i have heard that before and most of them are money grabber, but as the man above said no one forces us to use there exchange if investors will not trade on there platform it will have no use and people who invested on them will lose big time only if they held on to there token.

[blindminer]

And more will be build another ICO about exchange have just concluded and promising that it will be bigger that binance i have heard that before and most of them are money grabber, but as the man above said no one forces us to use there exchange if investors will not trade on there platform it will have no use and people who invested on them will lose big time only if they held on to there token.

Bigger than binance? Sounds like phrases as “faster and better than bitcoin” to me. I think it is very hard for any new exchange to get into the top 10 of exchanges, no matter how good they are. Just look at Cobinhood, great tech and security, but struggling to find users.

[BitWindmill]

Just as with the situation with ICOs lately - market is absolutely overflowed by worthless things.

[supine]

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 that there are lotsbof exchanges but it is just for us to decide whether we are going to use that exchange or not. We should choose most trusted exchanges to get rid of uncertain situations and losses.