justspare
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May 21, 2019, 10:19:05 AM |
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Cryptopia fell apart. But before it did, it was an easy to use exchange with fairly high volume. Who is replacing it now?
Well, I dint think anyone will miss them that much and they were never even among the top 10 exchanges for ones to be looking for replacement for them, they are gone and that is it, we will continue will the existing ones, but right from onset, Binance has been the most popular exchange in the market and I doubt if majority of Binance users even know about cryptopia. I never knew about them too until I saw the FUD news about them, being hacked on this exchange, and for them to die that way, it shows they were never strong. What would they have done if they were Binance that they stole over 7000BTC from.
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Dolphin_se
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Harmony for One and All
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May 21, 2019, 04:16:32 PM |
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Cryptopia fell apart. But before it did, it was an easy to use exchange with fairly high volume. Who is replacing it now?
Well, I dint think anyone will miss them that much and they were never even among the top 10 exchanges for ones to be looking for replacement for them, they are gone and that is it, we will continue will the existing ones, but right from onset, Binance has been the most popular exchange in the market and I doubt if majority of Binance users even know about cryptopia. I never knew about them too until I saw the FUD news about them, being hacked on this exchange, and for them to die that way, it shows they were never strong. What would they have done if they were Binance that they stole over 7000BTC from. Binance has its own fund SAFU to fully cover the losses associated with this incident. If the Cryptopia exchange had a similar fund, they could easily survive this hacking
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ricardobs
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May 23, 2019, 06:59:50 AM |
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Cryptopia fell apart. But before it did, it was an easy to use exchange with fairly high volume. Who is replacing it now?
Well, I dint think anyone will miss them that much and they were never even among the top 10 exchanges for ones to be looking for replacement for them, they are gone and that is it, we will continue will the existing ones, but right from onset, Binance has been the most popular exchange in the market and I doubt if majority of Binance users even know about cryptopia. I never knew about them too until I saw the FUD news about them, being hacked on this exchange, and for them to die that way, it shows they were never strong. What would they have done if they were Binance that they stole over 7000BTC from. Binance has its own fund SAFU to fully cover the losses associated with this incident. If the Cryptopia exchange had a similar fund, they could easily survive this hacking But I am not sure if any other exchange would have this much funds to cover the loss as a result of a hack. This is because 90% of the crypto users are on Binance and it is because of this huge number of users on the exchange that the exchange has made so much profit. Had it been another exchange, the process of covering the losses would have been very ambiguous.
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dataispower
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May 23, 2019, 07:36:59 AM |
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Cryptopia wasn't really a big shot in the first place. The volume wasn't massive so talking about which exchange is going to replace it sounds like a hyperbole to me. I only used cryptopia to buy electroneum, the UI wasn't the best too, it lagged in so many ways. Now everyone was saying coinex will take over Binance, but Binance is a million miles ahead of coinex presently in all ramifications. Now some influencer is saying Bitmax will be the next, let's allow these exchanges go to the top naturally, shilling won't help out but smooth operation and good management of the exchange itself will. People normally want assurance in security, ease of access like using cool exchange apps, low fees and all that.
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CoinFascination (OP)
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May 23, 2019, 05:25:44 PM |
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The best exchanges seem to be the ones that are highly regulated and have high kyc. Although, that is not the case with Tradesatoshi it seems. Aren't they in the UK? Nova exchange seems to be in Sweden and I would expect it to be very safe, but I expected that with tradesatoshi too.
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raden1922
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Colletrix-Bridging the Physical and Virtual Worlds
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May 23, 2019, 09:17:13 PM |
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Maybe Binance, OKEx and BitForex will be the next high-volume exchange. Periodically will continue to take turns, along with the needs of its users. Because each user has a way of trading and also each choice according to their needs. Binance is still a favorite and choice of crypto traders. Even though there has been hacking on a binance exchange, it seems that the problem is over and ends with a wise solution.
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━ ━━ ━━━ colletrix ━━━ ━━ ━ Revolutionizing the IP Industry via Tokenization ━ [ I E O June 2019 ] ━
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axel2078
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May 23, 2019, 09:31:26 PM |
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Take a look at Binance and how it grew you will see that the team really mean business; so any exchange wishing to have high volume as the likes of Binance then the team must be ready to offer good services which will attract more traders and investors.
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aemma
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May 23, 2019, 10:02:55 PM |
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To start with Cryptopia isn't that a good exchange, maybe from my own experience. Secondly, any exchange that aims to have high volume, must first have a good number of traders; now what will attract these traders is how efficient and reliable the exchange will be as well as their underlying products and services. A good example is Binance, Okex etc
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Gabteb
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May 23, 2019, 10:05:20 PM Last edit: May 26, 2019, 08:00:54 AM by Gabteb |
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I think Kucoin has good chances and there was information about real volume of exchanges so it was one of first and with very big potential but there are others too coindeal too which is going to USA very soon and will grow.
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rizkyhiw
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May 23, 2019, 10:13:29 PM |
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Take a look at Binance and how it grew you will see that the team really mean business; so any exchange wishing to have high volume as the likes of Binance then the team must be ready to offer good services which will attract more traders and investors.
Binance certainly still holds the highest volume than the others does not mean invincible and yes of course as you say service must be good and maximum in serving investors and receiving advice from everyone is the key to being able to improve quality little by little, professional work is needed and indeed long to be the best along with the risks that exist today, haven't found another exchange that has good opportunities in the future.
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Pagri
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May 23, 2019, 10:52:17 PM |
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Cryptopia fell apart. But before it did, it was an easy to use exchange with fairly high volume. Who is replacing it now?
I think Kucoin but even before cryptopia fell apart kucoin is already the better exchange compared with Cryptopia. In my opinion binance is still the best exchange, but for the next high volume exchange? For me is Kucoin, i saw this exchange kucoin have a really big potential to become the next popular exchange. I also believe that Kucoin has all the elements to become one of the big players within the exchange market, although at this moment it seems difficult to compete against a giant such as Binance, whose dominance seems to be becoming a monopoly. Another exchange in which I invested a good amount during its ICO period and promised great things is Decoin, which despite being launched since April seems to be becoming one of the biggest failures in the history of exchanges, with 0 volume in weeks despite investing millions in marketing.
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kindbtc
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May 23, 2019, 11:21:16 PM |
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There are already exchanges listed on coinmarketcap which have the most market share you can read all about them and also know about their daily volume, liquidity etc, i think there are already too many exchnages live and working and for new exchanges it is very difficult to attract volume.
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dark08
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May 23, 2019, 11:33:39 PM |
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Take a look at Binance and how it grew you will see that the team really mean business; so any exchange wishing to have high volume as the likes of Binance then the team must be ready to offer good services which will attract more traders and investors.
Binance is one of the top exchange site in the market I will not be suprising if this exchange site will be the next high volume altcoin exchange since a lot of people are being used this exchange site. I'm also believe in kucoin and Huobi exchange site its have a huge volume with a good platform to use.
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suzanne5223
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May 24, 2019, 12:44:48 AM |
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Take a look at Binance and how it grew you will see that the team really mean business; so any exchange wishing to have high volume as the likes of Binance then the team must be ready to offer good services which will attract more traders and investors.
Binance is one of the top exchange site in the market I will not be suprising if this exchange site will be the next high volume altcoin exchange since a lot of people are being used this exchange site. I'm also believe in kucoin and Huobi exchange site its have a huge volume with a good platform to use. I bet you guys don't even make any research about the OP question because my research shows Binance as the top highest altcoin volume exchange while Okex is next despite the exchange previous accident and if you check the capital market you will see that their coin is even doing well in the market.
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libert19
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May 24, 2019, 02:16:04 AM |
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Can't say who is replacing it but some exchanges like nova, graviex are taking the advantage of cryotopia's demise by providing free listing to cryptopia listed coins, this should help them get some users.
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kynaz
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May 24, 2019, 02:30:11 AM |
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Take a look at Binance and how it grew you will see that the team really mean business; so any exchange wishing to have high volume as the likes of Binance then the team must be ready to offer good services which will attract more traders and investors.
Binance is one of the top exchange site in the market I will not be suprising if this exchange site will be the next high volume altcoin exchange since a lot of people are being used this exchange site. I'm also believe in kucoin and Huobi exchange site its have a huge volume with a good platform to use. These are very popular exchanges in this market and all are really good when trading. I often choose Huobi and Binance to sell big coins and when I participate in these two exchanges then I don't have any major problems. I think the Huobi and Binance will be the top exchanges that people can be assured of because their customer management policies are very good and if exchange attacked then you don't need to worry too much.
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steveabrahams
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May 24, 2019, 04:00:22 AM |
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Cryptopia fell apart. But before it did, it was an easy to use exchange with fairly high volume. Who is replacing it now?
I think Kucoin but even before cryptopia fell apart kucoin is already the better exchange compared with Cryptopia. In my opinion binance is still the best exchange, but for the next high volume exchange? For me is Kucoin, i saw this exchange kucoin have a really big potential to become the next popular exchange. I also believe that Kucoin has all the elements to become one of the big players within the exchange market, although at this moment it seems difficult to compete against a giant such as Binance, whose dominance seems to be becoming a monopoly. Another exchange in which I invested a good amount during its ICO period and promised great things is Decoin, which despite being launched since April seems to be becoming one of the biggest failures in the history of exchanges, with 0 volume in weeks despite investing millions in marketing. Yeah, Kucoin have so many potential to become a big exchange. I'm sure many investors and traders seeing this too. It's hard to compete with big exchange, but slowly kucoin will grow up. I never heard about Decoin before, it's sad though, seeing a new exchange that can't do anything despite having a good result on token sale.
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BlackFor3st
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May 24, 2019, 07:11:58 AM |
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Cryptopia is a good exchange in the past but as of the current, there are plenty of candidates that are competing for their volume to be in the top. But Binance is doing great right now even if they faced some problems lately, they are still doing fine and keep on competing as top exchanges based on coinmarketcap.
Okex and Dobi exchange are also doing their best to maintain their ranks which are also a good competitors as the top exchange with the highest volume of altcoin and bitcoin exchange.
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soyalmomin75
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May 24, 2019, 07:48:33 AM |
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If exchanges are doin fake volume then any exchange will be high volume.
Exchanges are using market maker Bots for trading...
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asbak66
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May 24, 2019, 08:16:55 AM |
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Still Binance will be the number one. People already trust them and even there's some issue about them, it's not become a big issue cause they always fast solving problem. And now with their Binance dex, I think it will become number one dex too. Only need time to make it happen
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