actually with many exchange projects being born it will make it difficult for us to make transactions because with more exchanges making coins or tokens will scattered in many exchanges, this will make it difficult for us to transact because we have to register many exchanges
thats maybe one from many reason if we don't need more exchange, because now a lot of exchange born
and the last news about exchange is binance as one from many big exchange being hacked right ?
so, all new exchange should learn from that and make a better security system in their platform