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Author Topic: Why new crypto exchanges fails to grow ?  (Read 313 times)
nutriagrigia
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November 23, 2018, 02:36:31 PM
 #21

at this market right now very very difficult to analyze why volume on new exchanges small. it is small everywhere as you can see.


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vhns222
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November 23, 2018, 02:41:15 PM
 #22

Becouse of current market situation as rised money of ICO lose teir price and becouse of the same prices people dont invest money in crypto so new exchanges fail.

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November 23, 2018, 03:01:39 PM
 #23

I think that it is to lot of crypto exchanges on crypto market now. Thats why no one do not want a risk to participate in their ICO. Another reason - exchanges purpose the same features one by one. As a result - survive only biggest and well known exchanges.
Soundy
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November 23, 2018, 03:08:25 PM
 #24

2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didn’t perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:

· Some cannot execute on their product vision and purpose.

· Some never release a real product to the market.

· Some do release a product, but never find a product-market fit. They release a product that there’s no need for, a product that solves a problem that nobody has.

· Some may release a great product but they do it too late and a competitor eats their lunch.

· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.

Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.

Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.

High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.

Do review us and give your valuable suggestions.


You said we should review Proassetz exchange but you failed to drop any details about it even the website of the exchange. As for me, am just reading about this platform and I need some tangible details about it and its operation.

SparkleToken
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November 23, 2018, 03:20:08 PM
 #25

Several factors play a part in this.

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missyqt29
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November 23, 2018, 03:21:40 PM
 #26

2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didn’t perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:

· Some cannot execute on their product vision and purpose.

· Some never release a real product to the market.

· Some do release a product, but never find a product-market fit. They release a product that there’s no need for, a product that solves a problem that nobody has.

· Some may release a great product but they do it too late and a competitor eats their lunch.

· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.

Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.

Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.

High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.

Do review us and give your valuable suggestions.


It is because of the current market situation that we experience in the meanwhile. But, most exchanges might be resulting from unliquidified exchange condition where people or crypto users are not flexible to manage their tokens at the first place.
cepot9
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November 23, 2018, 03:26:07 PM
 #27

we take the example for one ico or token that has just been released in the market. most of the holders of tokens are from bounty hunters, and they all sell all and do dumps. after that no one else buys so that the new coin is difficult to rise.
not all are caused by bounty hunters, the first allocations given to bounty hunters are very few and can be due to investors because they have more tokens. the second bounty hunter is not that easy to sell because they also work if they trust the project or lag behind the first listing then they will hold tokens
Lighthouze
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November 23, 2018, 03:35:59 PM
 #28

Nice but crude attempt at promoting your exchange. Here's me thinking you were actually pointing out why crypto exchanges do fail. But it ended with an introduction of your exchange. My question to you is this, whey should trust your exchange over the more established ones like Binance, Bittrex, Cryptopia, etc, especially in these times when there are a lot of scam exchanges in the space?

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Bonheur
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November 23, 2018, 03:41:01 PM
 #29

There are many exchanges.Big ones, small ones, centralised ones , decentralised ones, hybrid ones...You have to have tens of accounts in tens of different exchanges.This is a burden.People likes easy.Having to use one exchange for just a coin is a burden.I would rather sell and go.If something makes you think this is hard, that won't attract other people too.Most of the little exchanges work for bounty hunters any way.
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November 23, 2018, 06:19:25 PM
 #30

Nice but crude attempt at promoting your exchange. Here's me thinking you were actually pointing out why crypto exchanges do fail. But it ended with an introduction of your exchange. My question to you is this, whey should trust your exchange over the more established ones like Binance, Bittrex, Cryptopia, etc, especially in these times when there are a lot of scam exchanges in the space?

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Proassetz Exchange (OP)
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November 23, 2018, 06:49:07 PM
 #31

Based on blockchain technology, ProAssetz offers a premium Hybrid Exchange that incorporates a decentralized ledger within its proprietary centralized platform bringing large scale crypto trading to a level of quality and transparency that would definitely ease your trading experience
edmundo
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November 23, 2018, 06:55:52 PM
 #32

This is because the industry is already saturated with more than enough cryptoexchanges. The more established ones already own and control the market with so much trust and acceptance by hundreds of thousands of traders. The newer or upcoming exchanges aren't offering anything different or at least introducing more revolutionary and adoptable features, which certainly would have given them an edge. Unfortunately, this isn't the case and as such, it is completely impossible for them to grow or displace the more established exchanges.
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November 23, 2018, 07:04:31 PM
 #33

An exchange with no or improper homework will fail. But then there will be good projects also. I believe the most import part for any exchange is liquidity and that can be achieved through incentives, bounties and airdrops. But still alot of time would be needed to gain the trust of the community.
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November 23, 2018, 07:33:30 PM
 #34

When we do look at on how many exchangers as of now we would able to say that this is somehow saturated market.We don't need more of it
since we had already enough and normally people would stick out to the popular ones rather than on using a newly created exchange.Reputation cant
be built overnight.

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November 23, 2018, 08:07:06 PM
 #35

2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didn’t perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:

· Some cannot execute on their product vision and purpose.

· Some never release a real product to the market.

· Some do release a product, but never find a product-market fit. They release a product that there’s no need for, a product that solves a problem that nobody has.

· Some may release a great product but they do it too late and a competitor eats their lunch.

· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.

Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.

Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.

High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.

Do review us and give your valuable suggestions.

which is a problem where exchanges sometimes do price cheats sometimes are different or hacked so that it is detrimental to traders, this makes crypto interest decrease because it is considered risky

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November 23, 2018, 08:18:30 PM
Last edit: November 23, 2018, 10:51:49 PM by Bennix
 #36

To be more direct,someone cannot give out what he doesn't have,meaning some new exchange are managed by incompetent and inexperienced developers.Some of the developers are faceless to the extent that they can't do any form of marketing and interview that require their presence.The question is,how can people trust them?
How can a greater number of people invest on a project without any one to hold accountable?
Some new exchanges don't have expert that checkmate and  evaluate coins/tokens to be listed,and this has resulted in their gullible traders loosing huge amount of money.
On the other hand, many new exchanges dont  have support system that solve problems when the need arises ,and the many  traders are not comfortable with this situation.We have seen cases where traders loose fund,and the support don't respond to ticket being submitted for months.
Many new exchanges are not unique ,meaning they have failed to integrate user friendly  exceptional trading features that will attract traders.To make the matter worse,some of the websites of the new exchanges tend to experience network deadlock once there is a greater number of traders login on their websites ,and this normally frustrate traders.Due to poor security measure ,some new exchanges takes days to send the coins/tokens you withdraw,and if you have another coin to buy ,you won't because the new exchange has single handedly thwarted your effort.
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