In addition to the exchanges listed on the CMC, there are many other exchanges.I have a question WHY do we need so many exchanges?What do You think the new exchange will be able to attract potential users?
Local exchange will absolutely attract new potential investors / traders. However the bigger competition in global exchange will encourage exchanges to provide the best service for their users. Imagine if there is just a single exchange, I' sure there will be a lot of problem that takes too long to fix. Unfortunately, yobit is the only one that out of competition, they never willing to fix their reputation and provide better service, lol.