Post
Topic
Board Speculation
Re: New Exchanges Are Coming? But It is OK?
by
Tubig
on 30/07/2018, 23:59:25 UTC
More exchanges are fine as long as they're legitimate and secure. More competition means better rates for everyone.
I agree, it will matter only on the security and also their transaction fee. The number of of exchanges doesn't affect the price of crypto but rather affects the transaction fee. The demand of the exchange is the competition. Just like the normal market if there's a competition they will lower the price or have a promo.