Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
Yes, today crypto-currency exchanges, as well as the digital tokens themselves are becoming more and more every day, and it is impossible to control it, because this market does not yet have laws and regulations.
This is the main problem today and literate people who know how and want to earn it use.
Anyone can make a beautiful website, issue white paper for just $ 100 today, and in the end you can try to create your own cryptocurrency exchange. Tokens arrive and listing on the exchange is necessary for everyone to make a profit. Some people create projects (little known) and release it under a beautiful product, drugite people create exchanges and open trade for money these unnecessary and unknown projects - all make a profit and this can not escape - it is the Economy and the desire of people to make money on that brings money!. Until there is strict regulation in this area there will be more and more scams and scammers who want to earn your money in any way