The future of cryptocurrency exchanges

[bitmedia]

The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?

1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?

I cannot say exactly what will happen with existing exchanges but cryptocurrency trading will become more difficult...
But I see there one positive sign - maybe technical analysis will become more accurate.

[Slow death]

but cryptocurrency trading will become more difficult...

Imagine if in the future we have exchanges that have physical office, are legalized by governments and have partnerships with banks and are regularly inspected. you can use these exchange with greater security in relation to the current days. People will have no problem seeing their funds frozen for no reason and ignored for months because the support is poor.

Yes base in your question OP binance will make history like the best in all trading site

I currently consider it the best

[Indamuck]

In the near future we will have exchanges run by normal financial institutions that will be highly regulated and insured. This will remove the doubt from the minds of new investors after hearing of all the exchange hacks over the years.

Decentralized exchanges may also become more widely used as well.

[Tungsten-1]

The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?

1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?

I cannot say exactly what will happen with existing exchanges but cryptocurrency trading will become more difficult...
But I see there one positive sign - maybe technical analysis will become more accurate.

Why to say that crypto trading will become more difficult when we are well aware of all what’s happening in market every year, price use to change, it is decentralized investment, I am really happy about bitcoin trading and all crypto trading as I never saw any issue related to the crypto trading, things are getting well now so don’t worry at any stage of market changes.

[fibrolit]

If small exchanges take care of their security and expanding the list of traded coins, they will not disappear.I would pay special attention to decentralized exchanges,which are growing very fast.In any case, there are a lot of small traders and they will focus on small exchanges.

[voztata]

There are lots of exchanges but a lot of them are just not making any sense, they are just a waste of time. That’s why I can’t leave the old exchanges to go in search of new exchanges. Some of the old exchanges already has good reputation, just like Coinbase, Binance, Bitfinex and the rest of them. These ones for sure has a good future, but the new ones you’re seeing now are just a waste of time.

[Taki]

I think that only few of the most big exchangers will stay and be legal. And I guess they all will use KYC system and stay open not for every country.
Add to that I predict that many of altcoins will disappear because of their unliquidity.

[omonuyak]

In have never thought in this way and I was wondering why so many exchanges are fading away but after go through this thread I have to change my mind.  It is important for us to know that when bitcoin and blockchain technology developed to advance stage most of this exchanges will no longer existing.

[ellehcar]

1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying

Of course, things will change, especially when bitcoin enters the mainstream. About no. 2, it's impossible that only small traders will trade on crypto exchanges. So where would the whales go in this crypto space, or what role will they play in case? Of course, they want to gain profit through trading, just as anybody wants. About your speculation that only the large exchanges will exist, well, if this bear season will last any longer, for another years at worst, this scenario is not far from reality. Many traders already quit, many exchanges already closed (many are hardly surviving), and many ICOs failed. This long dip will surely purge the best of the best--best projects, best exchanges, etc.

[slocker]

I think that only few of the most big exchangers will stay and be legal. And I guess they all will use KYC system and stay open not for every country.
Add to that I predict that many of altcoins will disappear because of their unliquidity.

This is try only some small ones and so legit will be maybe continue to work. But many will in next year maybe two will have to have KYC system. Sadly my country is one of the many that is already on some exchanges started to get banned. How ever many will try to find some alternative solution one will try with different VPN others will try to get some other country papers. Dont know how will this end up in the end.

[Yamifoud]

The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?

1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?

Everyone still having a wild guess about crypto future and even experts seems aren't be sure.
We can't deny that those huge and known exchange will still be the best pick for traders, they have already establish good market strategies and having a huge volume will guarantee that it will never give disappointment to traders in term of profit gaining.

[fullhdpixel]

but cryptocurrency trading will become more difficult...

Imagine if in the future we have exchanges that have physical office, are legalized by governments and have partnerships with banks and are regularly inspected. you can use these exchange with greater security in relation to the current days. People will have no problem seeing their funds frozen for no reason and ignored for months because the support is poor.

No doubt its difficult specially in current time. In fact still people need a lot of awareness about crypto currencies which is now no doubt increasing, I hope in future we will have physical crypto exchanges and governments will surely allow and encourage crypto exchanges.

As of now, decentralized exchanges are sounding like the future of cryptocurrency exchanges but I believe a community based exchange will be the actual future. Already in this forum we are having currency exchange board and anyone can trade with other forum members using escrow safely. I guess this type of exchanging will be the actual future of cryptocurrency exchanges.

[pieppiep]

I think that only few of the most big exchangers will stay and be legal. And I guess they all will use KYC system and stay open not for every country.
Add to that I predict that many of altcoins will disappear because of their unliquidity.

This is try only some small ones and so legit will be maybe continue to work. But many will in next year maybe two will have to have KYC system. Sadly my country is one of the many that is already on some exchanges started to get banned. How ever many will try to find some alternative solution one will try with different VPN others will try to get some other country papers. Dont know how will this end up in the end.

almost all current exchanges have begun to use KYC to make the place of exchange safe from all kinds of threats such as money laundering, and if using a VPN it seems that it cannot provide a full guarantee of being able to enter in the exchange.

[EdenHazard]

You can tell me how much exchange in the cryptocurrency market until now? just tell me for all exchange that have trusted by many user. I guess it's very much, but each exchange surely have own loyal customers/user they are not cushy to move to another exchange before they are face up some problem that makes them hate to the exchange. As well as when many exchanges are trusted accept bitcoin, then most users will not move easily.

[gulubal]

has opened a new cryptocurrency exchange for binance regulation, moreover, coins can be purchased with euro. Another nice feature of a, for example, my country, Turkey. I can get coin in the future with Turkish lira in this new stock market. I mean, it's going to be good and so much better.

[Hamphser]

You can tell me how much exchange in the cryptocurrency market until now? just tell me for all exchange that have trusted by many user. I guess it's very much, but each exchange surely have own loyal customers/user they are not cushy to move to another exchange before they are face up some problem that makes them hate to the exchange. As well as when many exchanges are trusted accept bitcoin, then most users will not move easily.

People would always trust out those exchangers who are on the top or simply the most reputable ones where being trusted by most people. Exchangers would prolong into this field but as expected
each one of them would come to a point on where they would really be handled by the government specially when the volume goes up or when its already ringing a bell.
We do much prefer on having decentralized rather than those exchangers impose heavy KYC.

[palle11]

The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?

1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?

Is nice to know that exchanges are opening up, moving into the crypto market space and pushing on advert through signature campaigns, bounty ,airdrops etc but in all , my fear is that we are going to begin to have a lot of scammers within these exchanges, scamming innocent investors.

[MFahad]

Nasdaq is a good addition to bitcoin cause it will further promote and invite institutional investors to crpyto currency also they can easily buy bitcoin with uncomplicated user interface cause in the past it was a pain to bought btc's, now with a fiat exchange adding bitcoin to their company. Ordinary investors and average joe's can have btc or other altcoins.

Nasdaq will also bring is new volume and capital and this is what is required to move bitcoin up further. Nasdaq is a very big platform and it will bring big boost in bitcoins.

The future of cryptocurrency exchanges, when large platforms (for example Nasdaq ) will open the possibility for hedge funds to buy cryptocurrency from them in absolutely usual conditions?

1)Nothing will change?
2)Only "small traders" will trade on cryptocurrency exchanges"
3)Only the largest crypto-currency exchanges will remain and create conditions equal to the conditions of large platforms. No wonder binance is trying
4)Your thought?

I cannot say exactly what will happen with existing exchanges but cryptocurrency trading will become more difficult...
But I see there one positive sign - maybe technical analysis will become more accurate.

Technical analysis is still valid these days however many people think that bitcoins and crypto currencies follow the news and their movement more depend upon the news rather than T.A.

[Ezenwanyi1]

NASDAQ getting involved in cryptocurrency says a lot of what the future of cryptocurrency exchanges will look like .
It is a welcomed development which could even increase user participation in cryptocurrency and support massive adoption.
Potential investors would be attracted too

[Crypto Girl]

In the near future we will have exchanges run by normal financial institutions that will be highly regulated and insured. This will remove the doubt from the minds of new investors after hearing of all the exchange hacks over the years.

Really? Running by a financial institution will just mean it's more than centralized than now and more likely to look like a bank though yes it will bring more trust of investors. And it's more enticing if it will be backed by company shares.

Decentralized exchanges may also become more widely used as well.

Better if we get rid of those shitty exchange especially those that have low liquidity.