Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: ayatoslaw on November 18, 2018, 02:20:01 AM
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If what I see, 2017 and 2018 lots of exchangers are emerging, especially in 2018,
even a lot of projects carry exchanger themes,
and seeing this, I feel a good opportunity for altcoin to be able to list in echanger at a low cost,
some are even free, and some are only through vote.
what do you think about that?
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Exchange from crypto to fiat is one of the supporters for crypto investment, this year many new exchanges have emerged and some of them have given us the convenience of making fiat withdrawals and this is what we want, every country has an exchange that supports crypto exchange at a lower cost from the bank
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In my view, many exchanges are good for the development of crypto currencies. It is the same with many banks in real life, the banks are built to support Fiat. I am confidence with many quality exchanges, various coins/tokens will have more opportunities to survive and rise. They also will inspire many new projects to have their own coins/tokens.
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Thanks to those dev that observed the good future of crypto and putting their observation into application through exchanger. Every exchanger cater in different service in order to attract crypto users. This could be the result of the crypto improvement and community growth.
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Yes I have noticed many projects are coming up with exchange projects. Might be it can be good for altcoins. It will definitely give us more option for trading but I am worried too because they can scam us if they would be in loss after project launch and we also know we can not rely on every exchange basically we do trade on some 4-5 very well known exchanges. But increasing number of exchanges is good move for crypto currency developments also.
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Agree on the incentives of start up exchanges give to altcoins (free or low listing fees etc.)
Adding my thoughts:
It is always good for traders and investors to have more options to buy or sell. A friendly competition among new and established exchanges is also healthy for the market. A little issue only for me when there are a lot of exchanges is the uneven spread of supply/volume.
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For me it's good to all alts seeing in different exchange, and a different volume this may help to cryptocurrency grow, i'm glad that there are some exchange that has a low cost it can help to all the newbies like me to try trading in a different exchange with a low cost.
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I think, with a lot of exchangers it would be good because there would be more choices for us to choose a good exchanger and have a better price with a smaller fee, besides that it would also be good for the altcoin to be more developed
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Just now, due to the fact that the market is dead and constantly falling, the most profitable way to raise money for those people who create their own cryptocurrency companies is to create cryptocurrency exchanges. I believe that simply exchanges with a small volume of trades will gradually die and nothing serious will happen.
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in my opinion, even though there are many exchangers that offer more security, convenience and costs that are relatively cheaper to transact, I think it will further develop crypto, but it is better based on international standard regulations so that fraud or theft does not occur in the exchanger
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indeed there are many new crypto exchanges, in my opinion you should always be careful with the new exchange, because I always use the stock which has large trading volumes if I invest in their exchanges
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There are no problems for many exchanges as long as the exchange's team can manage and run their exchanges in the right way. Many altcoins and investors also require for many exchanges. I am glad to see many exchanges on various countries in the world. It will make investors easier to trade their coins.
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I also see that there are many exhange that offer their services with various features and promos, maybe we as traders can take advantage of this moment to be able to generate profits, and this method is very good for attracting traders into an exchanger.
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If what I see, 2017 and 2018 lots of exchangers are emerging, especially in 2018,
even a lot of projects carry exchanger themes,
and seeing this, I feel a good opportunity for altcoin to be able to list in echanger at a low cost,
some are even free, and some are only through vote.
what do you think about that?
I personally agree If the exchanger is too much, It is good for altcoins. I hope It is secure and usable for exchanger.
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Yes we need more exchanges to substitute some bad or to be bad exchanges just like more banks are needed to keep liquidity strong in a country that's how we need these exchanges in cryptocurrency
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I think this we help to reduce the cost of listing coins in the exchanges when there is many exchange and it will also help altcoin that are yet to come.
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Exchange or the project itself. however if that's concerning the new exchange, they have to create bound to have a high level of security, therefore their member does not need to worry with the hackers. Usually, the new exchange are a target by the hacker, and that they can search the bugs of the safety and break it to steal the cash. therefore it'd be smart if Nauticus Exchange will invariably check their security and fix the bug if there's a hole of the safety.
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good thing. rather than having to be registered with the forkdelta. better registered in a small exchange. at least they have an attempt to enter the exchange. in fact, there are several exchanges that are specifically for their respective countries.
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Easy entry of new markets certainly makes every project easier, but in my opinion, it does not guarantee the project runs smoothly. Because not many people know about the new markets, which affects the volume of the coins/tokens. Certainly makes it not maximal in achieving project vision and mission.
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Actually, we need more exchanges to replace some bad exchanges or become bad exchanges just as more banks are needed to maintain strong liquidity in a country so we need this exchange in cryptocurrency.
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Frankly speaking, too many exchanges is probably not a piece of good news for projects. I have seen too many bad exchanges before. Those exchanges not only hurt projects but also leave very bad impression on investors by manipulating the price of altcoins. The investors will eventually feel disappointed and the projects could not find any investments. I only agree with one thing: it costs less to get listed now.
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The more exchanges there are, the easier it will be for traders to make transactions. Because it can be more flexible to choose which exchange to use for trading. Can choose a low fee also among the exchange.
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If the quality of exchanges was good and there was competition, then the entry threshold would grow by itself, which would reduce the number of exchanges.
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I think this makes it possible for many projects to very simply enter the stock exchange, as many exchanges require too large deductions.
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The problem is that many of these exchanges aren't financially stable in a bear market. So many will close... and some like the Sobit exchange will perform exit scams. Be careful out there.
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The more exchanges, the more altcoin or a coin will be known. But, naturally, it should be borne in mind that many exchanges will not exist a year.
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No probem with the number of exchanges, more options for traders. It is a good thing when there is competition
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Having more exchanger is good in order to make things move faster, but in most cases it give room for the scam one to come in.
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I agree with you, the more crypto exchanges, the better for crypto development. Because, it will make it easier for people to access crypto. And it is expected, it will further accelerate global adoption of crypto
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Yes, clobal adoption is a good reasons for more exchanges plus a possible competition in crypto economy world wide. I think this will greatly boost crypto acceptance.
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I think that most of new exchanges are quite useless....they are listing tokens with nearly zero liquidity and I really don't know why do I have to trade major coins in such exchanges instead of Binance or Bittrex or most known and trusted ones..
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Well, I believe it is providing more volume to the market. It is good in a some way. Otherwise, as a holders we would wait somebody to come and buy our alts from 100x.
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Here personally you know at least 10 exchanges which are quite qualitative and which you could trust?
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If what I see, 2017 and 2018 lots of exchangers are emerging, especially in 2018,
even a lot of projects carry exchanger themes,
and seeing this, I feel a good opportunity for altcoin to be able to list in echanger at a low cost,
some are even free, and some are only through vote.
what do you think about that?
Will more exchange benefit altcoins or the other way round is an unknown but what i am sure of is that this when more and more exchanges are present in the market definitely will create confusion to new and even old crypto adopters especially when they need 2FA, account password.
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Well, they are providing volume at least for the coins. This might be a good sign for us.
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Of course, the more exchangers there are, the better for us and cryptocurrency. Especially we need decentralized exchanges and exchangers, in which there will be no KYC verification or it will be unpretentious. The wider the choice of exchangers, the better. Of course, not only the quantity is important, but also the quality of their services. This is an area that should develop well now, since it is the basis of the cryptocurrency market and everyone earns money here.
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It seems to be right, we can find out many exchanges raised in 2018. There are many projects that offer the new exchanges as the concept. Exchange is always a promising project to be more successful. And to face many exchange, we should be more aware and careful in choosing which exchange is good and offering the trusted coins.
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The number of exchangers is really amazing. If we talk about their quality, there are no such projects at all.