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Author Topic: Do you support the idea of creating more exchanges?  (Read 2534 times)

Offline Domithra

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Do you support the idea of creating more exchanges?
« on: November 27, 2018, 01:28:15 AM »
More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.
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Do you support the idea of creating more exchanges?
« on: November 27, 2018, 01:28:15 AM »

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Re: Do you support the idea of creating more exchanges?
« Reply #1 on: November 27, 2018, 01:39:05 AM »
I myself agree with the increasing number of new exchanges but I want the best quality from them because some of them are scams and we all already know. I also hear from the news that the SEC will target almost all exchange crypto both decentralization and centralization, and hopefully this will make the exchange better than now
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Re: Do you support the idea of creating more exchanges?
« Reply #2 on: November 27, 2018, 01:59:13 AM »
The increasing of exchange sites could help the market into fully grown. More and more altcoins will be there due to market offering and unique development of the exchange sites which gives crypto users more choices whatever they like to exchange their tokens.

Offline gribble

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Re: Do you support the idea of creating more exchanges?
« Reply #3 on: November 27, 2018, 02:09:20 AM »
I agree with the increase in the number of new exchanges that can help the market become more mature but I want the best quality from them because some of them are fraudulent and we all already know. I also heard from the news that it would target almost all crypto exchanges to be decentralized and centralized, and hopefully this will make exchanges better than now

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Re: Do you support the idea of creating more exchanges?
« Reply #4 on: November 27, 2018, 02:16:37 AM »
I mean it's a free market and the best exchanges should succeed and the worst will hopefully fail. The problem with too many exchanges is that there can be very low volume when it's divided up.
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Offline laughingburger

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Re: Do you support the idea of creating more exchanges?
« Reply #5 on: November 27, 2018, 03:12:31 AM »
More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.

Yes i definitely support more exchanges going into the market, many people might say it is very confusing as every ICO might list their coins on another exchange like what you say this help the exchange to create their competitiveness and we never know maybe good exchanges will be roll out from this competitive battle ground.
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Offline masterrex

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Re: Do you support the idea of creating more exchanges?
« Reply #6 on: November 27, 2018, 04:09:30 AM »
More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.
Agree! but new exchange platforms must come up with competitive solution of the frequent problem like poor UI design and function, delayed withdrawal execution and Annoying KYC requirements on small traders it sucks!

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Re: Do you support the idea of creating more exchanges?
« Reply #6 on: November 27, 2018, 04:09:30 AM »


Offline Hope15

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Re: Do you support the idea of creating more exchanges?
« Reply #7 on: November 27, 2018, 05:18:45 AM »
I agree with the idea of more exchang cause it can help for trader to choose what is the better exchange for trading especially when it comes to withdrawal fee cause some exchange the withdrawal fee is expensive and the rest exchange is cheap, I like the exchange with no KYC and less fee.
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Re: Do you support the idea of creating more exchanges?
« Reply #8 on: November 27, 2018, 05:23:25 AM »
Of course I support the creation of more QUALITY exchanges. These new platform is healthy for the market as it brings legit competition and more quality services.

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Re: Do you support the idea of creating more exchanges?
« Reply #9 on: November 27, 2018, 07:10:43 AM »
 support it. As more and more exchanges, especially the more inexpensive and more effective exchanges, it will also be good for Cryptocurrency. Therefore I personally support it.

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Re: Do you support the idea of creating more exchanges?
« Reply #10 on: November 27, 2018, 08:21:32 AM »
Some individuals can tell you it's dangerous plan and a few individuals can tell you it's smart plan. however this sololey rely upon you. Are you able to plau the next risk game and be okay if you lose your cash, if answer is affirmative then keep company with crypto. If you but like less risk however lower posible reward then keep company with share makret. i do know some folks that do like thirtieth ROI per annum with securities market and this is often thought of preatty smart. whereas on the opposite hand if crypto had best you'll have a look at 10x+ gains if you selected the correct selection.
However do note that it migh sound easy and it perhaps is straightforward however it's difficult to benefit from market trades. make sure to understand that this is often conjointly one thing sort of a gamble.
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Re: Do you support the idea of creating more exchanges?
« Reply #11 on: November 27, 2018, 10:11:43 AM »
I believe that the less cryptocurrency exchanges is better, because it is better when people trade on several exchanges and demand and the volume will be much bigger
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Re: Do you support the idea of creating more exchanges?
« Reply #12 on: November 27, 2018, 11:07:32 PM »
On the one hand, a large number of exchanges support the basic idea of cryptocurrency decentralization, but on the other hand there are problems of lack of liquidity and fraud. Despite all this, I believe that the creation of new exchanges is necessary, only the community's control over them should be strengthened.
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Re: Do you support the idea of creating more exchanges?
« Reply #13 on: November 28, 2018, 06:45:06 AM »
More exchanges are necessary. This will create market competition in order to put all the exchanges on their toes to deliver the best of services to enhance crypto trading and exchange. At least there should be exchange in every continent of the world.

Agree, cryptomarket is big and many exchanger is needed in order to support the market for this. Also, some countries needed many exchange as few are restricted to enter some exchangers due to sec provision.
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Re: Do you support the idea of creating more exchanges?
« Reply #14 on: November 28, 2018, 06:59:33 AM »
I support the idea because more exchanges will lead to more qualify exchanges. The exchanges will provide the best ideas to create better services, technology, and safety. I believe the competition among exchanges will result good impacts. 
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