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Author Topic: Do you think that crypto exchanges are dead?  (Read 1307 times)
juwon55 (OP)
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November 06, 2018, 01:31:21 PM
 #1

Is cryptocurrency dead? As long as cryptocurrencies exist, there will always be platforms to exchange/trade crypto. If you’re referring to start-ups exchanges, they may be facing serious challenges which maybe threatening to their existence. One of the problems the cryptospace is facing is copy and paste and repetition of projects with different names, innovation and creativity is fading out in the space.

Let us compare the older cryptocurrency exchange platforms like (Coinbase, Bitfinex, Bitmex, Kraken, Gemini, Poloniex, Bittrex, Gate.io, and Huobi) to the new ones like (Bitforex, Indodax, Coinbe , Hotbit , DigiFinex). Why are the new crypto exchange platforms struggling to hit the lime light?. Binance is about a year old and has made much impact in the cryptospace, why can’t other cryptocurrency exchange start-ups follow suit?

1. Lack of funds
2. The market has already been saturated
3. No original ideas

The big exchange platforms are gaining more grounds everywhere, this making the space more competitive. Nevertheless, some start-ups are really making much sense and are impacting immensely to the blockchain and cryptocurrency space. For any startup to pave through the crowd, it's idea and technology must be very solid.

One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is a all-in-one trading platform, that is going to be welcomed when it is launched.


At BBOD users control the destiny of their own funds. BBOD runs a non-custodial smart contract wallet system where all account balances are held by a decentralised smart contract on the Ethereum blockchain. Centralised entities are too often hacked, BBOD adopts hybrid approach to decentralised safety combined with a centralised trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds, thereby giving the platform an edge over other exchange start-ups.

This is not the only Crypto exchange that is making impact, there are several others who make making the revolution worthwhile, so Crypto exchanges are far from dead.
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November 06, 2018, 03:34:23 PM
 #2

so Crypto exchanges are far from dead.

Of course they are far from dead. As a matter of fact, more and more exchanges just come to life. So I am not sure that's the reason for this thread.
Maybe there's not so much fuzz anymore around the exchanges, but I think that's closer to normality. Just as similarity: how many news you've seen about the exchange house from the airport?

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November 06, 2018, 06:07:23 PM
 #3

The idea of creating another big, dinosaur website like Binance or Coinbase is dead.
Creating a global network of accountless, cross-platform exchanges is the new business model.
Here is an example of what I'm working on. http://demo.instantcrypto.exchange
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November 06, 2018, 08:48:11 PM
 #4

so Crypto exchanges are far from dead.

Of course they are far from dead. As a matter of fact, more and more exchanges just come to life. So I am not sure that's the reason for this thread.
Maybe there's not so much fuzz anymore around the exchanges, but I think that's closer to normality. Just as similarity: how many news you've seen about the exchange house from the airport?
Dont even know on what kind of topic is being posted about exchangers are dead since its clearly seen on whats the current situation of it.
Lots of them pops-out and far from dead. Newly plausible exchangers might launch sooner yet owners do see this as a good business afterall.
Its good for us traders and investors yet we do have lots of options.

R


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November 06, 2018, 10:22:43 PM
 #5

exchange is divided into decentralization and centralization, both of which have advantages and disadvantages of each. centralization generally has large users and large volumes but they are vulnerable in the top. decentralization exchange offers higher security but they don't have enough users and trading volumes.
it would be very great if the BBOD approach was adopted to provide their own advantages and minimize their shortcomings

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November 06, 2018, 10:57:54 PM
 #6

Until crypto currency is there still there are exchange continue to exist, we know that there are many trusted exchange but there are also scam exchange that we need to avoid investing with them. Before we invest in one exchange just look first their trust feedback as our basis if it is worth it to put money and used to trade.

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November 07, 2018, 01:03:51 AM
 #7

Hello there! Do you really think about that? Crypto world never get the death, because: firts of all is - illegal market with the higes point of exchanges and the second is - decentralization of marketplace.
If you really want to know about that, you may look for some database. For example is https://crypto-data.world.
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November 07, 2018, 02:43:40 AM
 #8

People tend to innovate and if these platforms can’t offer new advantages, they will certainly die.
It is complicated because you can do everything and lose all trading volume "Nokia" or do nothing and still wanted "Blockchain.info"

One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is an all-in-one trading platform, that is going to be welcomed when it is launched.
I do not have any information about that platform but their idea seems good.

I think the future of platforms that allow you to have a cold store of your cryptos plus the possibility of exchange "linking hardware wallets and trading platforms."



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November 07, 2018, 12:10:13 PM
 #9

Of course i don't think it's dead, though market is fluctuating but it doesn't mean that way. Sometimes we believe on many speculations over the internet without knowing the real situation.
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November 07, 2018, 12:48:11 PM
 #10

I can't figure out what is the meaning of this thread.
Exchanges are still live and kicking just they have to adjust their businesses according to very strict legal regulations.
So the only issues that might appear are in this area.
Also, users have bigger and biggers demands they have to respect in order to keep their business but trading and exchanging cryptocurrencies is living and growing process, definetely not dead.

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November 07, 2018, 12:55:31 PM
 #11

The crypto exchanges will be alive as long as the crypto currencies were in usage but particular exchanges may die if they are having bad customer support and issue in their service or some other better trading platform will make that to die but for now there were lot of exchanges but only few were used by most people so other will literally die in near future.

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November 07, 2018, 03:03:57 PM
 #12

We trust the future of crypto, we will never think the exchange will die. Exchanges are a prerequisite for the existence of crypto, all fluctuations in each stage are consistent with market rules, so there is nothing to worry about it.
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November 07, 2018, 07:21:34 PM
 #13

Is cryptocurrency dead? As long as cryptocurrencies exist, there will always be platforms to exchange/trade crypto. If you’re referring to start-ups exchanges, they may be facing serious challenges which maybe threatening to their existence. One of the problems the cryptospace is facing is copy and paste and repetition of projects with different names, innovation and creativity is fading out in the space.

Let us compare the older cryptocurrency exchange platforms like (Coinbase, Bitfinex, Bitmex, Kraken, Gemini, Poloniex, Bittrex, Gate.io, and Huobi) to the new ones like (Bitforex, Indodax, Coinbe , Hotbit , DigiFinex). Why are the new crypto exchange platforms struggling to hit the lime light?. Binance is about a year old and has made much impact in the cryptospace, why can’t other cryptocurrency exchange start-ups follow suit?

1. Lack of funds
2. The market has already been saturated
3. No original ideas

The big exchange platforms are gaining more grounds everywhere, this making the space more competitive. Nevertheless, some start-ups are really making much sense and are impacting immensely to the blockchain and cryptocurrency space. For any startup to pave through the crowd, it's idea and technology must be very solid.

One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is a all-in-one trading platform, that is going to be welcomed when it is launched.


At BBOD users control the destiny of their own funds. BBOD runs a non-custodial smart contract wallet system where all account balances are held by a decentralised smart contract on the Ethereum blockchain. Centralised entities are too often hacked, BBOD adopts hybrid approach to decentralised safety combined with a centralised trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds, thereby giving the platform an edge over other exchange start-ups.

This is not the only Crypto exchange that is making impact, there are several others who make making the revolution worthwhile, so Crypto exchanges are far from dead.
I see no reason to panic. Cryptocurrency is developing by leaps and bounds and it is clearly visible. As a result, new exchanges are emerging that are adjusting to new conditions for survival in this fast-growing sphere. We only have time to watch a chunk of news time to change, to comfortable to move in this direction. Give cryptocurrency to everyone!
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November 08, 2018, 11:23:26 AM
 #14

It's normal thing that old exchanges occupied biggest part of market. They been here for long and they got solid number of users in all these years. Their users just don't see any reasons to go somewhere else. It's difficult fir new exchanges because in mostly cases they don't have anything new to offer and basically they have same features as old exchanges. But for example, we can see that decentralized exchanges earned their share of market. And offcourse, it's not that easy to earn trust of users, tgey don't want to put their money in not wery well known places.

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November 08, 2018, 01:00:38 PM
 #15

Truly, there are several copy and paste exchanges emerging nowadays. No original idea but primarily aimed at cheating their customers. We are still going to witness more exchanges emerge as time goes on because the cryptocurrency world is getting bigger. Some exchanges will naturally die due to reputations issue.
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November 08, 2018, 01:13:57 PM
 #16

Many take and non popular exchanges will be dead in future but popular and trusted exchanges Never dead . Binance, houbi,digifinex, coinbene, kraken, kucoin, idax ,bitfinex,okex,gate.io, latoken exchanges never be dead.

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November 09, 2018, 06:52:06 AM
 #17

Is cryptocurrency dead? As long as cryptocurrencies exist, there will always be platforms to exchange/trade crypto. If you’re referring to start-ups exchanges, they may be facing serious challenges which maybe threatening to their existence. One of the problems the cryptospace is facing is copy and paste and repetition of projects with different names, innovation and creativity is fading out in the space.

Let us compare the older cryptocurrency exchange platforms like (Coinbase, Bitfinex, Bitmex, Kraken, Gemini, Poloniex, Bittrex, Gate.io, and Huobi) to the new ones like (Bitforex, Indodax, Coinbe , Hotbit , DigiFinex). Why are the new crypto exchange platforms struggling to hit the lime light?. Binance is about a year old and has made much impact in the cryptospace, why can’t other cryptocurrency exchange start-ups follow suit?

1. Lack of funds
2. The market has already been saturated
3. No original ideas

The big exchange platforms are gaining more grounds everywhere, this making the space more competitive. Nevertheless, some start-ups are really making much sense and are impacting immensely to the blockchain and cryptocurrency space. For any startup to pave through the crowd, it's idea and technology must be very solid.

One of the start-ups to look out for is BLOCKCHAIN BOARD OF DERIVATIVES, the platform combines both centralized and decentralized features of Blockchain to stay aloof the crowd in the space. This is a all-in-one trading platform, that is going to be welcomed when it is launched.


At BBOD users control the destiny of their own funds. BBOD runs a non-custodial smart contract wallet system where all account balances are held by a decentralised smart contract on the Ethereum blockchain. Centralised entities are too often hacked, BBOD adopts hybrid approach to decentralised safety combined with a centralised trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds, thereby giving the platform an edge over other exchange start-ups.

This is not the only Crypto exchange that is making impact, there are several others who make making the revolution worthwhile, so Crypto exchanges are far from dead.
I believe the reason why most of the new exchanges don’t make it is because people don’t see the need to go for another exchange while they already got the one they are trading that is even more reliable.

And most times these new exchanges are scam, so nobody wants to take that risk of losing their money out of carelessness while they should have remained with the ones they trusted. I also don’t see the need for having so many exchanges on the platform while all are the same, although it’s all about competition.
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November 09, 2018, 10:28:26 AM
 #18

Crypto exchange is not dead. However, the only thing that happened to centralised is that they are not working or function well this day. Now, people trend to be trading better on decentralized  exchange this day.
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November 09, 2018, 01:43:37 PM
 #19

One of the problems the cryptospace is facing is copy and paste and repetition of projects with different names, innovation and creativity is fading out in the space.

The scammers have found a way to make easy money: the exchanges that are being created every day.

Let us compare the older cryptocurrency exchange platforms like (Coinbase, Bitfinex, Bitmex, Kraken, Gemini, Poloniex, Bittrex, Gate.io, and Huobi) to the new ones like (Bitforex, Indodax, Coinbe , Hotbit , DigiFinex). Why are the new crypto exchange platforms struggling to hit the lime light?. Binance is about a year old and has made much impact in the cryptospace

In this comparison I think I see Coinbase and Binance as the best exchanges, the other exchange still has much to improve

why can’t other cryptocurrency exchange start-ups follow suit?

1. Lack of funds
2. The market has already been saturated
3. No original ideas

In my opinion are:

1 -) lack of honesty on the part of the creators of exchange

2 -) lack of transparency on the part of exchange

3 -) has no new ideas

4 -) Lack of responsibility on the part of exchange

5 -) Exchange does not have physical office to improve customer service and convey confidence to its customers





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November 09, 2018, 06:19:51 PM
 #20

Crypto exchange is not dead. However, the only thing that happened to centralised is that they are not working or function well this day.
It all depends on the exchange you are using. Binance is doing a superb job in making sure their users are satisfied in every possible way. Kraken has significantly improved their user experience as well.

Don't let exchanges as Yobit, Cryptopia, HitBTC make you believe that all exchanges are shit, because they aren't. I know the options of exchanges without KYC/AML are very limited, but that's only going to get worse.

Soon every exchange will follow.

Now, people trend to be trading better on decentralized  exchange this day.
I wish they did. The reality however is that decentralized exchanges don't provide people the convenience and liquidity that centralized exchanges offer. I don't think much will change in the coming years.

Centralized exchanges overall seem to improve slowly but surely, which means that if they no longer mess up as badly as they used to do, there is less reason for people to switch to decentralized exchanges.

BSV is not the real Bcash. Bcash is the real Bcash.
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