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?
The coming of new exchanges is providing us with more options to trade our assets onto, but the problem with the coming of a lot of exchanges is that they are making it more confusing for an average consumer to make an account as there are many tokens that are listed on only a few exchanges, so this makes it difficult to trade new coins for people as they have to make accounts on more than one exchange to trade those tokens. There should be a central body to govern all these exchanges.