Why many people going for exchange project?

[Delgboke]

I have been wondering why there are many exchange platform and many other exchange program coming up could it be the best now. So what do you think.

[Huntler1993]

Personally i think many are of the view that exchange platform when started will start operating soon for the better. So with this idea they try to buy into such project.

[Bobcrypto]

I think this is relatively a new crypto development, i have seen many new atart up ICOs based on exchanges, and may be this an area investor are beginning to exploit to make huge profit in my opinion.

[Deallove9]

I have also be wondering of this for some time now and am sure BINANCE open their eyes to it and knowing that it is a very easy way to get profit and stable coin which user will surely buy and this also have to throw caution to everyone that we need to be very careful with exchange that we use to put our funds as many will turn out to be scam.

[Jo_chiqui]

This might be due to the growing number of traders. People opt to invest and even join bounty program for an upcoming exchange project i think because somehow most of projects like this are have higher rate of being successful.

[TERENCIO]

It was Binance who started this idea and it turned out very successful and it open the eyes of many developers and crypto enthusiast that this type of project and has a huge chance to be successful.

[JaymondStark]

Exchanges are the projects which will provide possible continuous passive income to the holders, so it is very much likely to attractive.

[Kritkarika]

I have been wondering why there are many exchange platform and many other exchange program coming up could it be the best now. So what do you think.

They saw binance and they realised the potential of exchanges .Because of that we can see too many exchange project these days. Also you know they are creating their own coins and as a exchange owner i believe they can control the price of their own token so i am afraiding of investing new exchanges and their tokens. In my opinion there is one boss which name is binance and if they will continue like that i think binance will always remain the biggest exchange . Yes i am binance maximalist .

[ZionRTZ]

Just following the success of Binance, Kucoin and other exchanges with their own coin. Project developers/founders realized that there is a high chance to succeed since it is already proven that there is a good market for it. Personally, I think it is also a good option.

[Gecol46]

according to my knowledge, the crypto industry began to develop and there are not many rules that have been set as the crypto currency operating standard, so many people open new platforms in exchange for buying and selling coins that are new or already included in CMC 

[PRIBO247]

The developers have discovered that more people are coming into crypto daily. So seeing how binance, kucoin and the rest of them are successful, more of them are concentrating on this area. It is a good choice.

[Dkingbh]

. In my opinion there is one boss which name is binance and if they will continue like that i think binance will always remain the biggest exchange

[Joankii]

in my opinion it is an opportunity for them to benefit from the results of each sale and purchase transaction or withdrawal

[Zed0X]

Developers also want a piece of the market. Many predicts that soon cryptocurrency will be mass adopted and that also means there will be a huge growth of crypto traders. So it is only logical for developers to start a cryptocurrency exchange early on and establish their project as on of the top exchanges (centralized or decentralized).

[horseheadnebula]

Because exchanges have the possibility to increase their market caps and especially during a bull run. Remember how BNB was when it first came out ? And remember what happened to Binance during bull ? Crazy times.