2018 been rough for crypto exchanges as a whole, with lots of exchanges shuts down and general interest in the sphere gradually declining. However, there are a number of projects that keeps hitting the market but didnt perform well. Every exchange wants to adopt the pace of Binance but unfortunately ends up being low. Here are some of the reasons why new exchanges face downfall:
· Some cannot execute on their product vision and purpose.
· Some never release a real product to the market.
· Some do release a product, but never find a product-market fit. They release a product that theres no need for, a product that solves a problem that nobody has.
· Some may release a great product but they do it too late and a competitor eats their lunch.
· Some fail as nobody ever hears about them due to the company ignoring sales and marketing.
Moreover, the unfavorable market conditions worsen their adaptation. We are also coming up with a solid project that aims at the problems which investors are facing while trading on exchanges.
Proassetz is a Crypto to crypto exchange with additional features of trading. Incorporated in Europe.
High graded trade engine and optimised platform for the connection between traders and trading. we are about to launch and we will float hybrid exchange.
Do review us and give your valuable suggestions.
World´s pool of fools starts to run empty.
World's pool of fools will never dry out, like this guy who ask in headline why crypto exchanges fails to grow and in meantime he promote his exchange. Why his exchange don't make a signature or some bounty campaign to promote themselves, not to attack others and to promote yourself like they are better than others.
Every service needs developing, security and supporters, but in the end nothing can guarantee success, hard work and a lot of commitment is necessary, but in the end we all hope for the best and we don't know what future is bringing.
It's a big lie that new exchanges doesn't grow, look around, many new markets are around and most of them have good results even crypto prices are going down.