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.
Many new exchanges are nicer too and competitive and choose the best trust.
There are more than 5 thousand crypto coins for which many exchanges are well available in order to make trading possible and easy. We the people always search for easy things to work out easily for us so we always proceed for Binance and few other exchanges which are simple to use and Binance also provides us large volume. So the difference between many features made competition between these exchanges.