I've read an article in the internet that cryptocurrency exchange is growing in number. As of now the number of exchange is already about 500 and counting. Other countries are now creating their very own exchange, does this means that cryptocurrencies is being acknowledged better now than ever before? And if it does, does having more exchange could greatly affect the prices of cryptocurrencies?
that means opening exchange is profitable and it makes many company try to build one. I believe build exchange is easier than build a bank. So i do think it might affect cryptocurrency, volume will increase and price slowly will increasing.