Sorry We are Closed

[mrdeposit]

So many exchange are all ready in the industry. And everyday lot of new exchange are coming. We need more safety and easy use to exchange. That can help us involve on trading. 

New exchanges don't offer the novel solution for the problems around old exchanges. Just closing the on exchanges is not going to decrease the efficiency of the cryptosystem, to be honest. There are a lot of exchanges do the same thing.

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[Perfect35]

my questions is, does we still need more exchange in this industry ?
thank you

I believe most of the exchanges coming to lunch in the crypto market, are after the money they want to make.
With the advent of exchange crash for one reason or the other, my resolution is to always keep my fund in your wallet and not on exchange. Also remain with the exchanges you were using before now.

[guoyu78]

There are already too many cryptocurrency exchanges out there and i really can't understand why still people would open new exchanges.. As far as i know we have more than 3000 exchange altcoins and more than 700 exchange. Isn't that too much? I believe that there will be more exchange will close if we go in this way. This is bad for the coins and very bad for the traders i think..

Normally we will be needing lots of exchanges in the future when the crypto market explodes in volume, people will need more of their services, but for now, we have not reached that stage and I don’t think it is that necessary to have new exchanges, because like you said, they will just keep closing down due to lack of volume and especially now that everyone wants to fully associate with successful and fully established exchanges like Binance, and these big exchanges has got the power and volume to push these other smaller ones aside, so many new projects should just suspend their services for now for the future.

[Necroface]

allways this happens, big fish eats little fish. they do not have enough customer, enough earns, and enough team, so there is no meaning to continue the fighting. i believe soon only there will be few, also it is a really hard work to guard from hack attacks.

[Bohdan Rabeha]

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

Exchanges come - exchanges go.

I do not care what happens to these exchanges and what's their problem. I use 2-3 exchanges. In my opinion, they work very well today and will work tomorrow. Of course, more reliable exchanges will come to their place and they will have even more opportunities and it will be profitable to work with them.
But i want to see decentralized exchanges. Let the experts make them perspective and we will add the volume of trade on them. I think i'm not the only one, so waiting for them.

[jojohamasa]

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

We can not prevent the creation of more exchanges simply because it is a decentralized market and there are no laws to prevent it
only the eternal law of economics, which controls all kinds of markets
((Good goods expel bad goods))
let the new enter the market to increase competition and see the best services.

[samcrypto]

So many exchange are all ready in the industry. And everyday lot of new exchange are coming. We need more safety and easy use to exchange. That can help us involve on trading. 

New exchanges don't offer the novel solution for the problems around old exchanges. Just closing the on exchanges is not going to decrease the efficiency of the cryptosystem, to be honest. There are a lot of exchanges do the same thing.

New exchanges are almost the same with the old ones so better to use trusted exchanges. This is a sad news actuslly since its the third largest cryptoexchange in South korea but didn’t manage to stay on top. Korean’s are more ok than to any exchanges who are still there even if so many hacking incidents i just hope that they will create a new ecosystem and make business again.

[bitcoin31]

Other exvhanges site now going to close but it's their choice. Too many exhanges site born in crypto is good as long their are legit and not scam because if we saw some exchanges site they scam the traders and those funds from the traders they convert into fiat that cause dump also.

[Osayo]

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

I don't believe we need the too many exchanges we have currently in the market. A few good exchanges of say 20 Max is well enough to serve the entire world of cryptocurrency.

[Wittny]

For me more exchange is needed because new projects are coming out daily and they all will surely needs good exchange to list their coin. So more exchange is needed.

[mamahdedeh]

In my opinion, there is no need to be born with a new crypto currency exchange project. I think the crypto currency exchange project that is now there is already a lot. We better maximize the exchange of existing crypto currencies only. We make this existing exchange as busy and active as possible. I prefer if this exchange is only centered on one door. We don't need to play on lots of exchanges because the amount of exchange also causes the price gap of the crypto currency itself. So, we don't need to need a new crypto currency exchange because that will only be in vain.

[SlimShadyMmp]

Well assuming or look at it this way there are way too many that comes and goes and even though there are plenty it just create a means for you to diversify and also better chances at trading since there is low payment and other promos and competition

[Teawhalee]

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

[monineklutak]

I don't think so, because there are already many exchanges that I think are good and safe to use other than that, if there are more exchanges it will make investment and transactions more complicated because there are some coins that are only listed in new and small exchangers, even I thought they were intentionally registered there with the aim of popularizing the new exchager, while some people didn't like it and only registered in large and trusted exchangers

[andika2018]

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

I am agree with you. Many new exchanger created but mostly just want to collect listing fee from new project. Its a normal but sometimes good project without a larget funds and focus on developing their project can not get a chance to list.

[cryptonx]

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

I am agree with you. Many new exchanger created but mostly just want to collect listing fee from new project. Its a normal but sometimes good project without a larget funds and focus on developing their project can not get a chance to list.

but if the project seriously devloped by the team,
i'm sure a good exchange will list the coin in the future,,
maybe a lot of exchange born for now, is an effect from IEO, because an exchange who did an IEO will get a lot of benefits from IEO actions
but i believe only a good exchange will survive

[GregH37]

yes we need more cryptocurrency exchange but we need serious and good exchange platforms. a lot of them are only coming because of the profit they will realize after they have alot of users.

I am agree with you. Many new exchanger created but mostly just want to collect listing fee from new project. Its a normal but sometimes good project without a larget funds and focus on developing their project can not get a chance to list.

We still don’t have much projects running on blockchain technology that really requires the services of new exchanges, and like you said, some of the projects that would have needed their service are yet to even meet up with the funds they will use to start up the project, and not to talk of having money to register on these exchanges.

If an exchange does not have the required volume or capital to maintain the exchange, then it will definitely shut down, so most exchanges that are planning on coming up, should just wait till we have more successful projects being fully funded and ready to be in action.

[South Park]

Cryptocurrency exchange Coinnest, once South Korea’s third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

Yes we need more exchanges, even if there are several good exchanges already we need more because at some point in the future they may decide to apply policies that go against the spirit of cryptocurrencies and if there is no competition then they will get away with it, but if there is competition we can simply move to another exchange that is not implementing such measures, that scenario has already happened before and it will surely happen again.

[Cocoincos]

we have bad situation on market, also bad volums, so many projects are closing, but it not end I am sure, hen market will grow they will return

[swetka]

we have bad situation on market, also bad volums, so many projects are closing, but it not end I am sure, hen market will grow they will return

I really hope that the situation will change and new projects will be developed with their new strength, and I also very much hope that the company’s ico market will be revived.  Only first of all you need to think about the proper implementation of control over ico companies. To avoid oil fraud.