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 exchange usually does not have a large daily volume
because they do not have many users yet
so it will not have too much effect on the price of crypto
but be careful because the new exchange can do a scam when their wallet is fully loaded by their users' money
absolutely right, usually the new exchange does not have a large daily volume. because basically there aren't many users.