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Author Topic: Too many new Exchanges  (Read 800 times)

katemi

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Too many new Exchanges
« on: January 25, 2019, 04:55:25 AM »
Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts

Moonlight

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  • Re: Too many new Exchanges
    « Reply #1 on: January 25, 2019, 07:20:23 AM »
    in fact more and more exchanges are getting better, but with so many exchanges it will also cause anxiety for its users especially with a lot of hacking news,
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    marteen

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    Re: Too many new Exchanges
    « Reply #2 on: January 25, 2019, 09:19:35 AM »
    Don't worry about new exchanges, just concentrate on top exchanges like cryptopia, coinexchange and cryptobridge. 

    Grypsy

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    Re: Too many new Exchanges
    « Reply #3 on: January 25, 2019, 10:03:21 AM »
    I just go with Binance and Bitmex for a whole time since they are in the top exchange until now. These others small exchange got a small fund so they will has less liquidation than other top exchange
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    Richard

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    Re: Too many new Exchanges
    « Reply #4 on: January 25, 2019, 10:27:48 AM »
    I'm only trade in top exchange because the yhave big vlolume and the  fullfill faster than those exchange with a low volume. Top exchange also have a better support then small exchange

    Zen10

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    Re: Too many new Exchanges
    « Reply #5 on: January 25, 2019, 02:18:01 PM »
    They bring options for traders and that's good. The only negative thing I see for the increase in new exchanges is the spread of cryptocurrency volume. Imagine if there are only 20 exchanges and most of them gets hacked.
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    Danezu.

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    Re: Too many new Exchanges
    « Reply #6 on: January 25, 2019, 02:28:58 PM »
    Most volumes are fake, anyway. After all, I think the market will decide which ones are ok.

    Markus_Hoffmeier

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    Re: Too many new Exchanges
    « Reply #7 on: January 29, 2019, 08:25:05 AM »
    It's called decentralization, dude. Like mentioned above - imagine if some limited number of exchanges will get hacked. And you are able to choose your exchange with better rates as well

    Kibielz

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    Re: Too many new Exchanges
    « Reply #8 on: January 29, 2019, 10:06:18 AM »
    I think many new exchangers so we can see the difference between each exchanger. but we must be careful of account theft and so on

    Rabsul

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    Re: Too many new Exchanges
    « Reply #9 on: January 29, 2019, 10:17:24 AM »
    Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts


    Too many exchangers are coming means crypto will expand in the upcoming future. It is a good sign for crypto currency but the exchangers need to operate fairly. Some exchangers flew away with stealing public money.

    Redix

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    Re: Too many new Exchanges
    « Reply #10 on: January 29, 2019, 11:25:44 AM »
    I have no problems with many new exchanges as long as they are quality and trusted exchanges. But you must be careful with fake volume issues. People stated some exchanges showing fake volumes to attract investors. So, it is a must to take a research first before trying the exchanges. 

    DeepikaDubay

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    Re: Too many new Exchanges
    « Reply #11 on: January 29, 2019, 12:50:49 PM »
    I understand that the emergence of multiple exchanges can make it difficult for the bitcoin holders to choose the best platform for the crypto transactions. I suggest you and all other crypto owners to prefer the most secure and reliable exchange platform for making transactions and make your digital assets less prone to theft or loss. If you are a crypto enthusiast and willing to create your own cryptocurrency exchange, then feel free to speak with the market experts who have years of expertise in this niche.

    rituvohra01

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    Re: Too many new Exchanges
    « Reply #12 on: January 29, 2019, 02:57:53 PM »
    There is no problem with too many exchanges out of these some are fake .If new exchange develop they have quality and be trusted. I think if the number of exchanges increases as well as the popularity of crypto currency increase. Always trusted on top exchanges.

    josephabad23

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    Re: Too many new Exchanges
    « Reply #13 on: January 29, 2019, 04:38:12 PM »
    Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts
    I don't really think we should have a limited number of exchanges, to more the merrier. They will compete to enhance their exchange and minimize their withdrawal/trading fees. As long as the exchange is regulated, Im good to go.

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    Delgboke

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    Re: Too many new Exchanges
    « Reply #14 on: January 29, 2019, 08:42:03 PM »
    It is nice having too many exchanges that can accommodate different altcoin that are yet to be developed, I think this will help and reduce the cost of coin listing.
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