Too many new Exchanges

[michellee]

I think it's fine if there are many new exchanges so we can choose the exchanges that are suited for us to trade. besides that, I am sure that every exchange will compete with each other and they will give the best services to their customers. the cryptocurrency attracting many people which have a lot of money to make more money and one of the new ways is they can create a new exchange which can help them to make another profit from the crypto. with more exchanges release, this will help crypto to grow more and new people from around the world can join into the cryptocurrency too.

[cabrakaned]

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.

If we consider the Initial Coin Offering markets, we can see most of the exchanges ICO projects there. It is actually good because they are the major platform to trade for our coins and it would be always great if there are a number of options. There already are some choosen ones who are really great and regulated ones which i and everyone prefers but we should also give try to the new ones. A new exchange named "Wazirx" too was launched some montha before and it is really going much smooth and easy to use. It is always better to have great options always.

[stadus]

I think it's fine if there are many new exchanges so we can choose the exchanges that are suited for us to trade. besides that, I am sure that every exchange will compete with each other and they will give the best services to their customers. the cryptocurrency attracting many people which have a lot of money to make more money and one of the new ways is they can create a new exchange which can help them to make another profit from the crypto. with more exchanges release, this will help crypto to grow more and new people from around the world can join into the cryptocurrency too.

The fact the businesses are opening exchanges, it would already mean adoption.
They are ready for the adoption and they believe there will be more trader in the future and with the growing number of exchanges,
it can easily accommodate us.

[KuromaYoichi]

I don't think there's problem with a lot of exchanges, at the end of the day the best one will have the most volume while the one that can't compete or have a bad development will get left behind. It's good to have a lot of exchange because they will compete with each other to bring traders and volume with lower fee or other event.

[anume123]

I'm just one of today's preferred exchangers today because of the many exchangers that dummy is most of the exchangers have no coin value.

[Vanhoang2000]

Today we have many trading floors to meet the trading needs of investors, we always expect to have a good trading floor to meet our trading needs and safety criteria always. put on top

[rhodelmabanal]

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 there are more expected exchanges as the years passed by. I think they knew that new exchanges are based only on BTC. It had to be understand that new exchanges needs to be research in order to avoid risk trading. If we see proof that exchanges are existing, it must be sure that 80 percent of it probably to be in your possession.

[Sanitough]

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 there are more expected exchanges as the years passed by. I think they knew that new exchanges are based only on BTC. It had to be understand that new exchanges needs to be research in order to avoid risk trading. If we see proof that exchanges are existing, it must be sure that 80 percent of it probably to be in your possession.

Some exchanges just come and go because they will fail to have good volume.
Traders now are more matured so they will look for exchange that is reputable with a good liquidity as well so they can get
the best price in the market. It's a big business actually so there are lots of exchanges who try to get the success, just like Binance, they started small
and now they are already trading with $1 billion daily volume.

[jiniyaakter]

Every month many new exchange add in crytocurrency market. But some exchange is not good.
If you invest money in new exchange it's very risk

[michellee]

I think it's fine if there are many new exchanges so we can choose the exchanges that are suited for us to trade. besides that, I am sure that every exchange will compete with each other and they will give the best services to their customers. the cryptocurrency attracting many people which have a lot of money to make more money and one of the new ways is they can create a new exchange which can help them to make another profit from the crypto. with more exchanges release, this will help crypto to grow more and new people from around the world can join into the cryptocurrency too.

The fact the businesses are opening exchanges, it would already mean adoption.
They are ready for the adoption and they believe there will be more trader in the future and with the growing number of exchanges,
it can easily accommodate us.

yes, as I said before, with so many new exchanges, it will make cryptocurrency more popular, and people who are not joining in cryptocurrency will be aware with the existing of cryptocurrency. besides that, we can join with many exchanges and our chance to make a lot of money will wide open. I agree with you that it can accommodate us to have a lot of coins for the investment or for making a profit in the short-term and the long-term.

[Ranly123]

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 would be fine to have many exchanges and let the competition over exchanges go so that there will be more ICO successfully listed on any exchange with lesser fee. Another benefit I see when there is many exchange is, there will be a lesser chance that the price of our crypto is manipulated.

[kaya11]

There are no ends in new trends, developers are making the best out of experiences based on previous ones. It is solely to pull out the best of what consumers could get. If I were the investors and owner of the coin, I would preferably register as much as I could to bring liquidity of my token. There are new benefits of a new exchange for them, that includes lesser fees to pay. The only thing due to its newness is there are few people using it.

[cr7]

Many exchanges have decided to repeat the success of the exchange binance with its internal token BNB. Moreover, the listing of coins on the top exchanges began to rise in price. This prompted the creation of so many exchanges. And each exchange has taken its niche in this business.

[Napole0n]

Too many of these exchanges make us have many choices to choose a good place, precisely this is good and benefits users so that they can get faster exchanges and lower costs.

[InvestICO2L]

To me I think it is good omen for the crypto family despite the issue of security and trust which you raised  there are still a positive part of the advent of multiple new exchanges. Most of them have a better scalability than the established ones some are even 0 zero fees while others have a solid and better security measures inbuilt. I think the best part is that we have more choice now and the listing price may be crashing now.

Yeah, I find it pretty normal when many new exchanges created because we will have many choices. Besides, the number of people takes part in crypto world increases every single day, thus there’s no problem with many exchanges. People is prone to choose a better exchange, therefore when an exchange is created with more trustworthiness and reputation, it will be attract many people. However, to find out a trustworthy and secured one is kind of difficult. Probably we have to be more cautious with any new exchange we want to choose.

[sulendra12]

New exchanges have their own pros and cons, also those exchanges mean to listed those brand new ICOs coin (especially ERC20 based token) to be traded in their exchanges. However, some of them are garbage so you don't need to worry about that and keep your funds on your favorite exchanges.

[Helen1122]

I think, if there are too many exchangers it will give us many options to trade so that we can get exchangers that have a bigger profit and now there are many new coins popping up so that more exchangers are needed too

[emberbekas]

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.

Investors should be wiser in addressing this. Even though for example their tokens are listed on new exchange sites, they should not necessarily give trust to the site. Further research is needed to minimize bad possibilities. Or they can wait for the token to be listed on a well known exchange. It will be better.

[Furious 7]

I think, if there are too many exchangers it will give us many options to trade so that we can get exchangers that have a bigger profit and now there are many new coins popping up so that more exchangers are needed too

the problem is the new exchanger can't compete fast with some other exc so I am worried that the new exch service will die slowly because the user left it.
need something different and interesting so that the new exchanger can compete.

[RoccoSiffredi]

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.

This proliferation of exchanges is obvious, since there was a lack of exchanges for all existing coins and the ones which existed were making a lot of money. Now we will have too many exchanges for a while, and only finally we will probably have the right quantity of exchanges, after excesses in both directions.