Too many exchanges?

[Mehr Sher]

It’s very much obvious that it will be too many because of the potential of this industry, so that’s something we should be least worried. The only aim for us should be to look at one that’s worthy enough and that is exactly where and I like NUEX Crypto Exchange a lot.

It’s instedibly simpler and easy to use with no complicated part like complete this or that verification. Instead we can simply get on the board and start using without any trouble at all. So this is what puts them as one of the best Crypto Exchange right now for a beginner like me!

[1714261382]

1714261382

[1714261382]

1714261382

[1714261382]

1714261382

[1714261382]

1714261382

[1714261382]

1714261382

[drgomez89]

Well i gotta say my only Exchange im usng right now its forkdeltal its descentrelized i can sell any erc 22 token. Which are almost every token i have and the ones i used to trade binance its almos for scouting where the whales are heading into. by looking at the volumes. in the Forkdelta descentrlized exchenge is the one i get the best prices n token that are not in exchanges right now.

[fndsr]

There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.

yes I also realize that, the new exchange is indeed a lot of events or bonuses that can be obtained, but trust is still not fully available, the best exchange is still an old exchange with high environmental

[omonuyak]

There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.

The numbers of exchange do not matter to me and what is important is how good there are.  The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations.  We just need to get more of them because competition bring professionalism.

[Kasabus]

There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.

The numbers of exchange do not matter to me and what is important is how good there are.  The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations.  We just need to get more of them because competition bring professionalism.

Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto.
As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate.

[Yamifoud]

snip~

snip~

Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto.
As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate.

They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world.

That will really happen in the future, in fact it is been started already and we can expect strong competition among them.
Thus, any of them should provide a good services in orders to gain more respect and attract investors cause that's the only tool in order to win. Otherwise, it never them a chances to grow instead bringing them into down.

[Buntel168]

Currently there are many exchanges appear, but many of the exchange not according to expectations. Many exchanges have fake volume transaction . For me only 2 exchanges have a good quality in their platform, thats is Binance and Bittrex.

[terrong]

Currently there are many exchanges appear, but many of the exchange not according to expectations. Many exchanges have fake volume transaction . For me only 2 exchanges have a good quality in their platform, thats is Binance and Bittrex.

I agree with you, even now also many exchanges with free trading fee, and even among them there are some exchanges that cheat their investors like extoke, I think exchange for free is bulshit,  using an exchange like binance / bittrex will be better because security is the main thing of trading

[mornabo]

There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.

The numbers of exchange do not matter to me and what is important is how good there are.  The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations.  We just need to get more of them because competition bring professionalism.

Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto.
As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate.

They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world.

There is no bad effect for us if there are too many exchanges, that means the crypto market is getting wider right?
you're right that we can't stop the growth of exchange sites, as time goes on and the more investors come in, of course there will be more exchanges. and they will compete with each other to provide the best facilities for their users, and that is beneficial for us, because we have many choices for trading

[etherixdevs]

Currently there are many exchanges appear, but many of the exchange not according to expectations. Many exchanges have fake volume transaction . For me only 2 exchanges have a good quality in their platform, thats is Binance and Bittrex.

I agree with you, even now also many exchanges with free trading fee, and even among them there are some exchanges that cheat their investors like extoke, I think exchange for free is bulshit,  using an exchange like binance / bittrex will be better because security is the main thing of trading

Unfortunately, the most secure exchange to trade, are the ones best regulated from authorities. So, probably more safe, more secure but zero privacy.

[Loopper]

Currently there are many exchanges appear, but many of the exchange not according to expectations. Many exchanges have fake volume transaction . For me only 2 exchanges have a good quality in their platform, thats is Binance and Bittrex.

I agree with you, even now also many exchanges with free trading fee, and even among them there are some exchanges that cheat their investors like extoke, I think exchange for free is bulshit,  using an exchange like binance / bittrex will be better because security is the main thing of trading

Unfortunately, the most secure exchange to trade, are the ones best regulated from authorities. So, probably more safe, more secure but zero privacy.

That's one good thought, but if it is intend to cheat, anyone can do it. So don't trust everyone in this world too much. it hurts you a lot.

[mornabo]

There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.

The numbers of exchange do not matter to me and what is important is how good there are.  The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations.  We just need to get more of them because competition bring professionalism.

Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto.
As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate.

They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world.

There is no bad effect for us if there are too many exchanges, that means the crypto market is getting wider right?
you're right that we can't stop the growth of exchange sites, as time goes on and the more investors come in, of course there will be more exchanges. and they will compete with each other to provide the best facilities for their users, and that is beneficial for us, because we have many choices for trading

[calya]

There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.

The numbers of exchange do not matter to me and what is important is how good there are.  The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations.  We just need to get more of them because competition bring professionalism.

Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto.
As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate.

They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world.

There is no bad effect for us if there are too many exchanges, that means the crypto market is getting wider right?
you're right that we can't stop the growth of exchange sites, as time goes on and the more investors come in, of course there will be more exchanges. and they will compete with each other to provide the best facilities for their users, and that is beneficial for us, because we have many choices for trading

that's right we have more positive impact from exchanges number.but we have to be very selective if we want to choose one of them.i am sure one of them could be scam exchanges.do the research and use only reputable exchanges.

[dameh2100]

The more the exchanges, the better to liquidate. Exchange really helping the crypto world in good sense. If its more exchange on the market, it will create a huge volume and competiton for the traders. If coin/token list to many exchange, it will not dump hard because of liquidity.

[bison]

The more the exchanges, the better to liquidate. Exchange really helping the crypto world in good sense. If its more exchange on the market, it will create a huge volume and competiton for the traders. If coin/token list to many exchange, it will not dump hard because of liquidity.

indeed, more and more exchanges can provide very large profits because usually it will affect the increasing demand, when demand is increasing, prices will also rise and hopefully price increases can occur.

[kynaz]

The more the exchanges, the better to liquidate. Exchange really helping the crypto world in good sense. If its more exchange on the market, it will create a huge volume and competiton for the traders. If coin/token list to many exchange, it will not dump hard because of liquidity.

indeed, more and more exchanges can provide very large profits because usually it will affect the increasing demand, when demand is increasing, prices will also rise and hopefully price increases can occur.

If the demand for investment increases then we can easily liquidate at any exchange because there are more than 1000 exchanges available in this market and that makes it possible for us to focus on investment. I think the market is in a very good phase and will definitely start an uptrend soon in the next few months because I have analyzed the volatility of this market and it's time for all considerations to invest in crypto.

[Botnake]

The more the exchanges, the better to liquidate. Exchange really helping the crypto world in good sense. If its more exchange on the market, it will create a huge volume and competiton for the traders. If coin/token list to many exchange, it will not dump hard because of liquidity.

indeed, more and more exchanges can provide very large profits because usually it will affect the increasing demand, when demand is increasing, prices will also rise and hopefully price increases can occur.

Increasing number of exchanges does not automatically mean there is an increase of demand, with the big number of exchanges in the market, only few of them are liquid and some of the small exchanges are just faking their volume.
I think we need quality exchanges that does not fake their volume as that will help to increase in adoption.

[SlimShadyMmp]

Basically no downside at all I really dont see one but I think the more we have the better varied it becomes most times we get to have exchanges that gives us different values and much more better ways to trade and earn not to even talk about bots trade and KYC free for those folk not really to give their info and some even end up mixing those things with their control options

[rodel caling]

Many exchanges = more competition = better exchanges

I'd prefer many choices rather than just a small number of exchanges handling majority of the cryptocurrency market. I couldn't think of a downside as of now. But yeah, hopefully we get more decentralized exchanges in the future.

More exchange they more competitive and people more excahnge they can decide to choose to stored their coins this ideas are getting ways to stop price manipulation contorl by the some reach and bigtime companies.

[iknowsatoshe]

Hello guys! I'm a newbie trader and I'd like an advice on how to chose the right exchange. So far I've used Binance, GDAX, Bitfinex, Kucoin and I'm also looking at new ones like MPCX etc. Any idea???