Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
New exchanges usually do not have a large daily volume and that is not good. It's better to have fewer exchanges because crypto flows will be more predictable. However, the good side of this is the possibility of exchanges being hacked less and being careful with new exchanges because they can make a scam when their wallet is full of their users' money.