Post
Topic
Board Trading Discussion
Re: Too many exchanges?
by
calya
on 03/05/2019, 00:54:38 UTC
There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.
The numbers of exchange do not matter to me and what is important is how good there are.  The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations.  We just need to get more of them because competition bring professionalism.
Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto.
As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate.

They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world.
There is no bad effect for us if there are too many exchanges, that means the crypto market is getting wider right?
you're right that we can't stop the growth of exchange sites, as time goes on and the more investors come in, of course there will be more exchanges. and they will compete with each other to provide the best facilities for their users, and that is beneficial for us, because we have many choices for trading
that's right we have more positive impact from exchanges number.but we have to be very selective if we want to choose one of them.i am sure one of them could be scam exchanges.do the research and use only reputable exchanges.