Quote from: princesspoppy on May 30, 2019, 11:02:40 AM

Quote from: Nolimitz84 on May 13, 2019, 08:35:51 PM

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?

Many exchanges in the market give investors a lot of options on where to put and entrust their assets to. More people involving themselves to cryptocurrencies and the market gives and opens up doors to new exchanges to engage themselves into. But, not all exchanges are decent and trustworthy, there are also many scammers introducing themselves as an exchanger and that we need to be careful about.

Well, there are a lot of legitimate gambling sites all over the internet and it is hard to just put your trust into others if you are really used to the exchange that you are using for a long time. Every exchange has their own features that other exchange don't have, they are unique and that makes it attractive to other investors or people.