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.
if me how many exchanges in this crypto world is no matter, at least they have their each rules. If coin/token can't list on 1 exchanges, it can listed to another. But if me personally i will use exchanges that already held for long time. Ex : Polo, bittrex, etc
Yep, I find no problem with many exchanges created. We will have a world of choices in order that we can select the most suitable exchange which is much more secured,cheaper and that sorts of things. The most important thing is how can we choose a good exchange. As you can see, almost many people tend to choose the better and better exchange, thats the reason why many exchanges born these days. At meanwhile, many exchanges can lead us to much more trouble to choose a better one. Thus, people always like to stick with one exchange for a long time.