New Exchanges Are Coming? But It is OK?

[bitfocus]

I will welcome legit and no-scam exchanges so that more and more people gets access to crypto.

[jpnl0002]

Its ok to have new exchanges coming in so longer the tend to be more better more reliable effective free from scam and having more security its not bad news its growth coming into the world of cryptocurrency

[ralle14]

No sense to open one new exchanger every month, cause we don't have enough people in this world yet.

If people want to start their exchange then let them start their own. I don't see anything wrong about it. These exchanges can be compared to gambling sites you see a lot of them are being announced left and right because both of them make money from their customers. Not having enough traders shouldn't be a problem for the majority since we are not operating our own exchange.

New exchanges are okay since we can't really stop anyone from having their own exchange. Volume is not something i'm worried about because there are still new coins being mined plus the price of several coins are increasing yearly.

[coinhunt]

Personally I don't see anything bad in these new crypto exchanges, which are entering the market. Such situation only shows that cryptos are in demand and crypto platforms are needed too.

[GreatGEEK]

I also think that it's quite ok. If a person have an idea in this area, then why shouldn’t he/she try? It's not always possible to predict which project will become successful. But I'd still give preference to reliable and time-tested exchanges, like cex - https://cex.io/.  So, good luck to new platforms, let them do their best

[muncuss]

those exchanges which start with airdrop of their exchange token will completely become dust after several week, so no effect to crypto market volume. also traders will always go to the safer and more crowded exchange

[Ilegendph]

Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?

I believe its better to have many exchanges so that hoarding and centralization of market would become diminished and eventually be gone. After all, its what we love about cryptocurrency, the decentralization. This will give people more choices and exchanges would become even better because of the competition in the market in which will not exist if few exchanges are in the industry.

[doraemon26]

Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?

Yes it was okay it was depends on the project where they are going to be listed and new exchange must need to proove their platfom to get trust in the community if they had bad impression do you think they will accept it? Ofcourse not right ? They will still choose the best exchange to get listed so that they will have a good feedback in return.

[Zebulun18]

In the event that more noteworthy new change in my part the higher and we get various change options, yet should be mindful so as to pick the new change because of the reality heaps of most recent change a sham, I select the substitute this is vintage and as of now has an extraordinary prevalence comprehensive of poleniex, binance and numerous others.

[Courtneyhardy89]

my opinion is,maybe many exchanges are coming but they are not good potential.so we should be careful about new exchange. new exchange can't effect for market rate I think.becouse not much peoples to trade in new exchange so that volume is no large. that is the main issue I think.

[imteaz]

No matter how many new exchanges come every month, if there is not volume, then bitcoin will have no benefit from it. Bitcoin volume comes from top 5 exchange, rest of just a bit of support. So we need big exchange like nasdaq to gain volume.

[stewert]

if you see that development is so rapid and many, I think that is very good. Because that way, means crypto currencies are increasingly in demand. Even though the prices are different from one another.

[West0813]

For me, it is ok even if there are many new exchanges hhat are coming out. As long as those exchanges are good. So that there will be a competition between any other exchanges. And i think it will help grow the price of cryptos.

[Luu An]

More exchange will let trader and investor have more chance to choose, and competition will make market develop. Exchange with low quality, not reliable, high cost...will be remove

[koincik]

I think centralized and zero commissioned exchanges will have great popularity in the future. There are a few exchanges working in this area. I think we can hear their names in the future.

[yecats]

More  option if we have  lot's of exchanges  because we have lot's of  alt coins today     as they say if  they don't  reach  volume    it will  not  be added  in the exchanges. Just be  carefully   

[CoinEraser]

Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?

With all new exchanges I would first careful. Many exchanges have disappeared when customers have made enough deposits. You should already inform yourself correctly about a new exchange and see who operates it. Also, you should not store any coins longer than necessary there. In addition, you should first use small amounts to test the exchange. Of course, many exchanges are legitimate and reliable, but some of them are certainly untrustworthy. Caution is always good.  

[Juggy777]

I don't understand why would one consider investing in a exchange especially a new exchange, considering major scams happen at reputed exchanges so investing in a new one is a no go. I have often suggested not to park your money in a exchange it's dangerous, and no exchanges cannot effect the prices but if it goes scam it surely can pull it down.

[NelfiNovita]

Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?

I thought it would be fine because the more exchanges would be better for us, I would have issued a lot of tokens without exchange and that made us difficult to withdraw them.

[frankforty]

new exchanges are launching but they are not getting more investors, we need to do proper research is this exchange safe or not or its a scam. because security is a big concern for exchanges and investors. most of new exchanges get fake volume and market cap to attract new investors and than they scam peoples. new exchanges is good for crypto future but legacy is much important thing.