Too many new Exchanges

[rapsa2018]

Lot of new exchanges will reserved to all ICO projects that will list their coin in their exchange but we should not ignore this exchanges maybe this exchanges will popular in the future.

[1714672006]

1714672006

[1714672006]

1714672006

[1714672006]

1714672006

[sclmte]

Yes, there are so many exchangers coming out this year. but with so many exchangers there's only 50% to be top of a year, i mean those are great exchangers but you really need to choose one of them the most exchanger for trading and more demand for a cryptocurrency and everything safe

[nghiemtamk]

Crypto currency market brought a lot of new different companies. Crypto exchange is really a lucrative business now a days. I don't look at the number of exchanges as anything bad, ocontrary. With more exchanges, you have more options to choose from. I am using several exchanges for different purposes. Major exchanges such as Bitstamp or Kraken offer stability and safety, but they are ripping us on fees. Plus all additional documentation needed for any higher withdrawal makes you wait for your money for days! Then again, your money is safe there. There is an exchange that I started using recently for instant orders between coins and it works as a charm, https://www.fox.exchange/pair/BTC-ETH. Simple, easy, instant, no additional documentation. Just a click on a button. This has its advantages when you urgently need to change your coins and I love it.

[harleymasters]

I think that restricting the exchanges is absolutely unnecessary. Because each exchange will have its own characteristics that can be attractive to investors. Especially many traders only use on one trading floor, so the listing of Altcoins on more and more exchanges can increase the liquidity of those Altcoins.

[princerepon]

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.

Totally agree with you. it's need must be a rule for exchange. i do not agree about limited but yes there is many exchange out there and many of them too much risky for trading. trust issue is more important for crypto trading. so we all need a terms and condition for new exchanges.

[sempak]

Right now there are too many checks with an exchange concept and all of them are basically the same. by making it but actually this is the wrong thing by making a large exchange projeck

[cuenzy]

Major exchanges also started with trust issues. If these newbies can be very consistent on their trust, security and privacy issue they will sustain and attract many clients.

[electron-coin]

I think that there is nothing wrong with creating a large number of exchanges. There is a demand, so the supply will increase. Of course, there is always the likelihood that the exchange may "lose" your money. But this applies to absolutely all exchanges, and not just new ones. I think that investors will choose the exchanges that are convenient for themselves, and the management of these exchanges, with an increase in the number of their clients, will improve their security.

[Razerglass]

In my opinion it is necessary to create new exchanges in order to increase market activity and buying-selling power. New opened exchanges are not going to make few mln bucks per day but certainly they will find their own way like how binance did.