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Author Topic: Do you think that crypto exchanges are dead?  (Read 1226 times)
sclmte
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December 08, 2018, 07:43:43 AM
 #61

It just means that crypto exchanges are dead, because cryptocurrency is now very low. most people failed in a trading process so far so they often say that crypto exchange is dead. but most of all it does not die just waiting for the rise again and just waiting for the right time when it will go back and be a good exchange soon.
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December 08, 2018, 07:55:13 AM
 #62

It just means that crypto exchanges are dead, because cryptocurrency is now very low. most people failed in a trading process so far so they often say that crypto exchange is dead. but most of all it does not die just waiting for the rise again and just waiting for the right time when it will go back and be a good exchange soon.

Indeed  .   this is simillar when someone say cryptos are dead but they arent actually dead  . it is just an expression for desperate and impatient people because in their minds they only think about the profit but they do not think about the consequenses that cryptos can offer  .

Crypto exchanges will only become officialy dead if ever all of the cryptos wont get any demands from the public but of course the chances for it to happen are verry slim as we already see that cryptos are too useful for our daily lives  .
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December 08, 2018, 04:54:55 PM
 #63

Only non popular decentralized exchange having possibility to death because non popular decentralized exchanges having no verification, security and possibility of hacking private key.

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December 10, 2018, 06:31:10 PM
 #64

i suppose they ARE dying now...just look at the wex okex polo and all other...nothing good at all. i used POLO for years and then this hack attack just killed my vide 2 work w/ it when i loose all money i had and support didnt help me..the same w/ wex - acc was blocked and no aswers at all
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December 10, 2018, 06:38:28 PM
 #65

The problem is that there are soo many exchanges that hardly differ from each other. No wonder that now, during this massive selloff when people lost interest in cryptos, smaller exchanges have a hard time generating some volume.

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December 10, 2018, 07:09:20 PM
 #66

People shouldn't mix up coins looking like they're going to croak with an exchange dying. An epic fall generates huge amounts of fees for exchanges, just as an epic rise does. That exchange will be capitalising massively from massive falls.

The time you need to be wary are the sideways times like early 2015 where the price barely moved from $250 for weeks on end. Exchanges make money on volume not price. When the volume goes is when you need to clear out of the less solid places because that's when they either run out of money to keep going or exit scam.


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December 10, 2018, 09:25:03 PM
 #67

I think crypto exchanges blossom, even in the current situation when the price of crypto number one is low and they got minimal fees from transactions exchanges are still popular and make good profit to their bosses.
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December 10, 2018, 09:44:31 PM
 #68

Then probably cryptocurrencies should be dead as well. There are being improvements in the industry considering new projects like EOSex and Encrybit. I think the future look brighter

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December 10, 2018, 11:02:22 PM
 #69

Of course they are far from dead. As a matter of fact, more and more exchanges just come to life.
Yeah, but how many of them do you think can survive?  How many exchanges does the entire crypto market actually need? 

Look at the stock market and think about how huge it is.  Then take a look at how many stock brokerages there are and how many of them are successful.  There isn't room for hundreds of crypto exchanges, and there isn't a need for that many.  Ones like Binance have very good user interfaces and offer a lot of analytic tools, which is why they're popular.  Don't know about their customer service, but I'd imagine it's not bad--and that's why shitty exchanges like Yobit are on the decline.  They just don't care about their customers whatsoever.

You wait until governments start regulating the crypto exchanges, especially ones in Asia & Russia.  If and when that happens, that will likely weed out the ones that are scams or those that can't or won't conform to government regulations.  Why do you think there aren't that many US-based exchanges?  There's Coinbase, and I can't think of any others.  Circle used to be a legitimate place to buy bitcoin, but they decided it wasn't worth the hassle (or whatever their reason was).  And if regulation doesn't force some exchanges out of business, we'll probably see some buyouts and consolidation with the exchanges. 

In 10 years, there may only be a handful of crypto exchanges in existence, but whether that's true or not, I'm pretty certain a lot of the ones now in existence won't be in 10 years.  The landscape is going to look a lot different.

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December 11, 2018, 12:37:36 AM
 #70

nope on the contrary, whale are scoping cheap btc , eth , ltc or whatever coin they can get their hand on   
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December 11, 2018, 12:57:10 AM
 #71

I don`t think that crypto exchanges are dead.
There are some dead, like Bitstamp.
They are too old fashioned and slooow.
 The transactions take years!
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December 11, 2018, 08:13:22 AM
 #72

Is cryptocurrency dead? As long as cryptocurrencies exist, there will always be platforms to exchange/trade crypto.

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?

More and more cryptocurrencies keep appearing as well as exchanges. Cryptocurrency as essence won`t be dead until all of it is eliminated, he-he. What concerns exchange platforms, things are far more complicated for them. It is quite difficult for a newcomer at this field to compete with mastodonts that has been in the business for a few years. What are true reasons for that? No matter what brand new ideas they come up with, the main obstacle is a simple psychological fact: people always prefer what they know best. Those who have been using for instance Kraken for years need a weighty argument to switch to some no name exchange (as it looks for them) like Indodax or Hotbit. Very simple. The most probable scenario here is when a good old-fashioned exchange pushes its user to something new by some inadmissible actions (these could be long withdrawal procedures, bad support work, freezing accounts or involvement in some dirty schemes). Such tendency of quitting older cryptocurrency exchanges in search of a more reliable place could be observed lately. There cases when older exchanges gained a reputation of trustworthy no matter what happened to them and users don`t want to go somewhere else. Let`s take Bitfinex 2016 hack, for example. It was the second-largest hack in crypto history and the company solved the situation properly, having reimbursed all of customers lost funds. Some are still skeptical about it, but the company reputation has almost fully recovered. Of course, some left, but true adherents of Bitfinex stayed with it. That part will hardly change it for some unknown platform, no matter what nice goodies this exchange will offer to them.
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December 11, 2018, 01:34:06 PM
 #73

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.
Cryptocurrency is not dead, I don’t believe that because people also said something like this before when the price went down and a lot of people kept saying that the cryptocurrency is dead, but that wasn’t what happened. At last the price still went up. I’m very sure that the same thing that happened then will also happen and the price will increase.
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December 11, 2018, 08:27:35 PM
 #74

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.

Makes no sense many sell/buy their tokens by using different exchanges. MGO, ETH, BTC and others.
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December 12, 2018, 01:49:04 AM
 #75

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.

Exchanges are not dead. But there are just so many of them popping up and with no real value added. No real marketing and community buy-in. Ppl are still trading obviously so exchanges can't be dead.
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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December 12, 2018, 03:44:43 PM
 #76

No I don't think so that exchanges will dead .when cryptos are in dead ,then having possibility to die in exchange. But sometimes decentralised exchanges having no security are dead.

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December 12, 2018, 05:10:31 PM
 #77

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.
Are you here to do advert or you’re serious about the topic you brought up? Which exchanges exactly are you referring to? Cause I haven’t seen any exchange lately, complaining about lack of funds or any of the things you have mentioned. All the exchanges I know are still up and working perfectly despite that the market is down to a low rate. So I’m not getting what you mean.

For quite a lot time we have not hear any exchanges scam or mishaps. All the reputable exchanges are running good and fine. Even we are seeing decentralize exchanges emerging. The future of crypto exchanges is very good and bright.

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December 13, 2018, 12:41:09 AM
 #78

I don't think they are dead. And it seems most people here agree. Many people on this thread have cited the huge number of 'me too' offerings. I think now that the market is saturated in relation to the number of traders only those with better tech or useful ways of presenting information will rise to the top.
For instance all crypto-exchanges are long lists of currency pairings and traders have to search through these piles to find what they are interested in trading.
Panxora.io lets traders customise their trading pairs in watchlists so you can be more efficient. You can have multiple watch lists or just one. This gives HFT or intraday traders maximum efficiency as they can arrange their trade desk exactly as they want it and save it to return to next time.

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December 13, 2018, 07:19:28 AM
 #79

Crypto exchanges are not dead, they just keep on appearing like a mushroom. We are surrounded by so many exchanges but of course not all of them will survive in the long run. Choosing good exchange is very important because you will keep your important money on that exchange so better to keep on using the top exchanges than to gamble using the new exchange without any good security features. This is really a critical part of investing in cryptomarket, make sure you have done enough study before using any exchanges.
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December 13, 2018, 08:22:57 AM
 #80

Big crypto exchangers will remain in the scene , market is saturated , in addition it is not about Bitcoin business , it is a recession which already started in 2018 and will continue in 2019 and maybe more. precaution is a must.
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