Post
Topic
Board Altcoin Discussion
Re: Sorry We are Closed
by
South Park
on 30/04/2019, 19:11:06 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
Yes we need more exchanges, even if there are several good exchanges already we need more because at some point in the future they may decide to apply policies that go against the spirit of cryptocurrencies and if there is no competition then they will get away with it, but if there is competition we can simply move to another exchange that is not implementing such measures, that scenario has already happened before and it will surely happen again.