Post
Topic
Board Altcoin Discussion
Re: Sorry We are Closed
by
Lanatsa
on 27/04/2019, 17:50:39 UTC
Cryptocurrency exchange Coinnest, once South Korea’s 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

We don't need it, but people are compete each other to make the best exchange in this world.
Just like any other business, the costumers don't need new store, but the store owner are making the cheapest, fastest, and best services
For the sake of competition,we would really able to see new exchangers would pop out and come to think that this is a good business once you hit it up.
Good profitability for its owner if you able to get some volume but all will depend on how you do introduce your exchange/service.Sometimes it do really
mix up some luck when it comes to success,it would either you would boom or you would flop.