The exchanger is too much. is it good for altcoins?

[Delgboke]

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.

[arnishad]

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.

[wanggober]

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.

[a_ps]

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.

[Mikam]

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.

[Matt1121]

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.

[backfirst77]

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.

[Kazimi]

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.

[Perongafa]

I think this makes it possible for many projects to very simply enter the stock exchange, as many exchanges require too large deductions.

[sixexgames]

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.

[tarolog]

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.

[KYB40]

No probem with the number of exchanges, more options for traders. It is a good thing when there is competition

[PreshB]

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.

[towi078]

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

[Bobcrypto]

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.