As more tokens keep coming into the market, it is assumed that more cyptocurrency exchanges will raise. this, we all know have a risk effect which is that hackers are empowered to try their luck especially on vulnerable ones. The good side is that more tokens has the oportunity of getting listed on exchanges.
example; NCHT( nano healthcare) project just got listed on etherbase exchange.
there are many things that you can not see, having many exchanges does not mean it will be good, on the contrary, it can be a great disaster.
Imagine if there are 20 exchanges like yobit and many people lose money on those 20 exchanges like yobit? what will happen? people are going to associate all exchanges as dangerous, people will get away from the crypto world. Thousands of shitcoins will be listed and are only destroying the crypto world.
What we need is:
- Responsible exchanges that offer good quality services
- Good quality projects