Re: Why do we need so many cryptocurrency exchanges?

That's how it works, ultimately the ones who are serious about it will try to offers something better, whether it's regulations, better fees, faster platform, more detailed charts, more trading options, margin trading, etc etc. We do in fact need more cryptocurrency exchanges, hopefully decentralized ones as well.

I think all these features (except margin trading) are available on any exchange.I also give an advantage to decentralized exchanges,but in addition to + they have negative sides.

What do you mean? How can all exchanges have better fees and faster platforms lol? I don't think you even read what I said. Exchanges just like everything else compete with each other. I don't care if there are 1 million exchanges, people will still pick the best ones so in order for exchanges to work they have to offer something new or better. Decentralized exchanges still have a lot to improve.

Decentralized exchanges are for future state glows. But even they have their differences. As said, there may be a million exchanges but only the best ones will be used.

Decentralized exchanges are great for exchanging but you can't trade on them, they are too slow, too clunky and they offer 0 customer support in the way that if you fuck up something, they will not help you, they can't. I can't imagine someone who wants to trade with 10m $ using a decentralized exchange where 1 click can make you lose hundreds of thousands of dollars, it's simply never going to happen. When decentralized exchanges are as fast as normal ones, a lot more people will use them.