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.
I think it is better to regulate the number of exchanges for the reason that the trading volume will be higher in a single exchange platform if the numbers on it's competency will be reduced. If other exchanges will be shutdown or closed , no doubt that volume of traders will transfer to other good exchanges.
too many exchanges bring advantages and disadvantages for us.has more exchanges bring huge liquidity in cryptocurrency market, but its become risky when fake ico make fake exchanges.