Post
Topic
Board Service Discussion (Altcoins)
Re: Is there really a need for lot of new exchanges?
by
lambofan
on 28/11/2017, 03:47:24 UTC
No, I don't think there is a need however they should really try to improve the current exchanges that are present and should hire more support to answer all concerns right away.

I'm thinking that there's a need for a lot of new exchanges. As a trader, it's an advantage to have a lot of exchanges in our own choice.

Let them take the competition and beat each others services base on the satisfaction that they can give to the gamblers. I did noticed the lack of supports but not all of them does have a very poor support though.

Sometimes we are just in a hurry and while waiting for an answer to our query, we are rushing it and can't be patient anymore. I did addressed some problems with popular exchanges before and I understand why they are replying late and this is what they should consider.

I agree on the same thing which I do really much prefer to have a lots of exchanges so that as a trader we do really have lots of options on where we would decide to trade. Competition would really be here since lots of people would really decide to make their own exchange which this kind of business is really profitable if you did able to get the trust of the community. Support is one of the most important thing when it comes on this kind of sites because people do really like to have a fast and responsive support on any sites that they are using.
I suppose that in addition to that it is necessary that they have some kind of basic security for their users,that is to say that those can be reliable and offer security and in some way make good reputation and that is achieved only through time,the traders they will not risk their money in unsafe sites or that they do not have a good reputation,but in fact it seems that this kind of services are proliferating a lot,could be very difficult to determine how many there are currently and at what pace are they appearing.