Quote from: btccrusher on April 24, 2019, 07:36:17 PM

Quote from: arjuna BTC on April 22, 2019, 04:34:04 AM

Cryptocurrency exchange Coinnest, once South Koreas third largest exchange, is closing down.
you can read more here : https://www.coindesk.com/south-korean-crypto-exchange-coinnest-announces-closure

but, at this moment i see a lot of crypto exchange project born in this industry
my questions is, does we still need more exchange in this industry ?
thank you

Yes, new exchange is essential as it shall open more opportunities, more liquidity and brings more users into crypto. It also creates competitions which should be a great reason for exchange development and security. But users should be careful to use any new exchanges, never deposit huge funds in new exchanges.

it is not very clear why you need new exchanges? Now there are so many exchanges which already have very serious experience and reputation. There are already a lot of new exchanges that already have a lot of functionality. I think that creating even more exchanges will cause doubts among new market users.