What will happen to crypto exchanges in the future?

[coinerer]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

There is no logic that when digital money is introduced worldwide, Bitcoin or cryptocurrency usage will stop and no one can say that cryptocurrency usage will decrease or stop when digital money is introduced.  So since the use of cryptocurrencies will be future days, I don't think cryptocurrency exchanges will be shut down in the future when digital money becomes popular. And since everyone trades through cryptocurrency exchanges and many use trading as a source of income, so , the use of exchanges will always remain.

[Hamza2424]

If you are talking about centralized exchanges as Binance, coinbase, and all these top centralized exchanges then bro these exchanges are going to play an important role on the regulation of the crypto market. Still, after this halving, I am expecting a major crisis as MT GOX in history 2013 on that crisis these exchanges are going to be dead remember Binance is going to be the future reason for major crash after the coming Bull run. That crash will be one the major crash ever in history after 2012. So my dear friends the trend is going to change DEXs are going to replace CEXs. But these exchanges are important to for adoption on the local level after that these is no place for the word centralized haha.

[Tony116]

If you are talking about centralized exchanges as Binance, coinbase, and all these top centralized exchanges then bro these exchanges are going to play an important role on the regulation of the crypto market. Still, after this halving, I am expecting a major crisis as MT GOX in history 2013 on that crisis these exchanges are going to be dead remember Binance is going to be the future reason for major crash after the coming Bull run. That crash will be one the major crash ever in history after 2012. So my dear friends the trend is going to change DEXs are going to replace CEXs. But these exchanges are important to for adoption on the local level after that these is no place for the word centralized haha.

It's just your opinion, you see there have been many centralized exchanges that have collapsed like Mt.gox but then what, there will be bigger exchanges and always will be. Binance is also likely to collapse but there will certainly be a larger exchange to replace it. Although, CEX is centralized but undeniably its important role in connecting people to the market, a popular market like today also has a huge contribution of CEX.
I disagree with storing too many assets on CEX because of the risk it brings but CEX is necessary for the market with the many services it provides.

[D ltr]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

I think exchanges will always exist and will always be used, even though there will be digital money in the future, because exchanges are a safe place for transactions compared to p2p, although later there will be regulations for registered exchanges,

[YOSHIE]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

The situation lies in the development of the times and is adapted to modern technology, lately I have seen several countries continue to develop along with the times, For this reason, several media mention that with the current situation digital methods are already running and used by many general public, ranging from digital exchanges, digital TV, digital money, digital banks, digital data storage and many others that are currently being prepared by many countries live with technology with digital methods.

Point, my understanding and what I see is whether it's a developed country or a developing country, they already understand how Bitcoin actually works, meaning that Bitcoin is well accepted by the government and society, in this case it can be said that crypto-based exchanges in the future will experience growth and increase, it can be proven from another perspective.
Example:
My country five years ago there were only 1-2 Crypto exchanges operating and recognized by the government, but currently, if i'm not mistaken already have -+15 crypto exchanges operating in my country and this continues to grow as time goes by and technological developments develop in this world.
Conclusion: crypto exchanges will continue to grow and proliferate in the future, considering that many countries are implementing all-digital methods.

[adzino]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

Digital money? You mean crypto currencies? Or those Central Bank Digital Currencies? If CBDC does become mainstream, it still won't replace crypto currencies. People will still prefer decentralized currencies over government controlled centralized currencies. All CBDC's are likely going to be stable coin, so investors will still invest in crypto currencies to make profits. And if you are talking about crypto currencies, then I see no reason why crypto exchanges can't exist. People will still want to exchange from one currency to another or trade to make profit. They will still need exchanges to do those.

[8rch7]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

I think exchanges will always exist and will always be used, even though there will be digital money in the future, because exchanges are a safe place for transactions compared to p2p, although later there will be regulations for registered exchanges,

What is certain is that crypto exchanges for the future are getting easier and more platforms are accepting crypto currency exchanges, especially bitcoin, because according to predictions the price of bitcoin in 2030 will soar again, because bitcoin is now very popular and there are even countries that accept bitcoin as currency. legal,so I personally think crypto exchanges in the future will become easier,Although crypto can not be a legal tender in all countries but cryptocurrencies will become an investment tool that leads in market capitalization as well as a creator of investor awareness.

[Hamza2424]

If you are talking about centralized exchanges as Binance, coinbase, and all these top centralized exchanges then bro these exchanges are going to play an important role on the regulation of the crypto market. Still, after this halving, I am expecting a major crisis as MT GOX in history 2013 on that crisis these exchanges are going to be dead remember Binance is going to be the future reason for major crash after the coming Bull run. That crash will be one the major crash ever in history after 2012. So my dear friends the trend is going to change DEXs are going to replace CEXs. But these exchanges are important to for adoption on the local level after that these is no place for the word centralized haha.

It's just your opinion, you see there have been many centralized exchanges that have collapsed like Mt.gox but then what, there will be bigger exchanges and always will be. Binance is also likely to collapse but there will certainly be a larger exchange to replace it. Although, CEX is centralized but undeniably its important role in connecting people to the market, a popular market like today also has a huge contribution of CEX.
I disagree with storing too many assets on CEX because of the risk it brings but CEX is necessary for the market with the many services it provides.

Yes, bro exactly I am trying to explain the same point here, Binance is going to be replaced by some other Decentralized exchange in the future and the next bear is going to be established by Binance due to collapse. secondly, I do agree with the point CEXs play important role in the crypto market at least for today.
The concept of centralized vs decentralized matters a lot these days at least the future is not concerned with centralization. Our elders believe in centralization not on every point but on major financial factors centralization was supported but wee are spending our age in the new concept adoption and our next generation is going to be the decentralized.

[bitmit.exchange]

Didn't really expect this topic would go this far. I appreciate everybody's opinion...
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We appreciate your comments up there as well as over here.

[Inwestour]

What is certain is that crypto exchanges for the future are getting easier and more platforms are accepting crypto currency exchanges, especially bitcoin, because according to predictions the price of bitcoin in 2030 will soar again, because bitcoin is now very popular and there are even countries that accept bitcoin as currency. legal,so I personally think crypto exchanges in the future will become easier,Although crypto can not be a legal tender in all countries but cryptocurrencies will become an investment tool that leads in market capitalization as well as a creator of investor awareness.

Where do you get such an assumption about 2030? You are looking too far into the future, no one can know what will happen to us then and what will happen to the price of bitcoin, but of course we can assume that it will cost more. Exchanges will be both centralized and decentralized, since there is a demand for both and it is likely that they will continue to be so.

[Findingnemo]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

Bitcoin become more and more popular but still it isn't widely accepted as payment mode due to the restrictions of government and anyway in future let's assume governments made bitcoin as legal tender still cryptocurrency exchange has the business which is converting one crypto to other crypto and make money out of it but this may take few decades to happen so until that anything may change even in the cryptocurrency market.

[OgNasty]

I always thought Bitcoin would move towards a ton of small exchanges run by lots of different types of businesses. It seems like instead there has been a lot of consolidation in the industry and large players emerging. This isn’t ideal, but hopefully at some point we see more distributed exchanges (DEX) as they are the on-ramps to crypto and probably most at risk for being shut down and hindering the market.

[Myleschetty]

The reason for crypto exchange for conversion of one crypto to another or into fiat. Therefore,  no matter how popular Bitcoin is in the future there will always be the need for crypto exchange for enthusiast.

I always thought Bitcoin would move towards a ton of small exchanges run by lots of different types of businesses. It seems like instead there has been a lot of consolidation in the industry and large players emerging. This isn’t ideal, but hopefully at some point we see more distributed exchanges (DEX) as they are the on-ramps to crypto and probably most at risk for being shut down and hindering the market.

There are a lot of DEX in the market already but the problem is always that some of them exit the market and run away with their user fund or they later change to CEX.

[jinmioluwaseyi]

Bitcoin is still the future, many company will still be accepting bitcoin as an exchange. The world is going digital and everything will need stability. Bitcoin is a digital currency that can be use as an exchange.

[KingsDen]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

As long as fiat exists, there will be banks serving the purpose of exchanging fiat and also sage keeping fiat's.
Also as long as cryptocurrencies exist, there will be exchanges for exchanging coins and safe keeping it.

Even the emergence of the CBDCs which is scary, we also need to know that they will run on blockchain. The worse scenario you can do is to create your own blockchain and centralize it, but you cannot hijack the whole cryptographic technology.

[Artem Sereda]

my thoughts will be crazy crypto exchange will be everywhere maybe there is 1 or 2 in one country and then when the government created CBDC maybe will be a lot more. and of course the decentralized exchange will be more complex then now. and crypto become part of everyday life since altcoin that have been developed be more complex as well

You are overly optimistic, crypto exchanges are not gaining popularity that fast.

[bakasabo]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

You are talking from a point if Bitcoin becomes globally accepted and becomes the one and only cryptocurrency. Indeed, there will be no use of cryptocurrency exchanges. But you really think that all other blockchains and projects will disappear or be substituted by Bitcoin? Simple math - current market cap is +1 trillion; Bitcoin 400 billions; do you think the rest can disappear or be transformed into Bitcoin? I think people will always need crypto exchanges, people will always have what to exchange, thus they will always be demanded.

[rby]

Nothing bad will happen to cryptocurrency exchange in the future, instead there will be more exchanges and more adoption of cryptocurrency through exchanges.
What may happen on a major note is that the privacy of Bitcoin and some special features of Bitcoin may be downgraded by exchanges or lost totaly. Privacy might be lost and government could tend to control the Bitcoin through exchanges that they will regulate and manipulate, that is the only bad side of the exchanges that I am seeing in the nearest future

[bitmit.exchange]

Guys,
FTX announced bankruptcy!
Now, you still think crypto exchanges are going to remain in the future? Even if the bear market continues...?

[MiF]

Bitcoin is becoming more and more popular and applicable everyday and there are plenty of companies and businesses accepting it as a common type of payment. However, when digital money is globally accepted, would there still be a need for cryptocurrency exchanges? Any thoughts on this?

you can now transfer btc without using any exchange it can be transfer wallet to wallet exchange is mostly use in purchasing altcoins so still it is needed, new project and new altcoins are now everywhere we can see different types of coins they are useful as the world becoming more modern and most of the different transactions are using internet, gaming, purchasing online using different apps that accept crypto, etc., So i think crypto exchange will multiply, i am sure that as long as there is crypto, crypto exchange will always remain and multiply.