Post
Topic
Board Trading Discussion
Re: New Exchange: Should I trade?
by
PuertoLibre
on 22/08/2019, 22:15:25 UTC
If you want to trade with a reliable exchange you must look and check the latest top exchange at the coinmarketcap.
At least with these platform you can minimize you risk and lessen your doubt about using the reliable platform.
Not a bad advice and not a bad idea, but I ask you, how do we want the new exchange to grow then? Imagine that you have passion to own an exchange, and then you have tried everything possible to put all the features that would make people’s trade on it a success and then you release it, who will test it or use it or start it to make it begging to expand if we want everyone that comes for exchange to always go for top exchange.

These top exchanges are already big and honestly, they don’t need us again, it is high time that we stop creating monopoly for them on our own and then embrace some of this new exchange that is good. We just have to research and make sure that the exchange is a trust worthy one, that is all, and then we give them a try if we find them worthy.
Yes that is right. There are good exchanges out there that could be very good for you compared to the new exchanges. The old ones are pretty much reviewed and you could have an insight into how great their service is which is not something you can see in the new exchanges. Better be part of Binance which is super famous in the market and has been the top one.
Good exchanges are the well-known ones not surprisingly, new exchanges have a different view on the trading and crypto markets. IEOs are the central interest connection of the best exchanges, new exchanges can't even compete for choosing the profitable projects. They want to create a tool for trading financial markets but they also fail to the competitor as it was written on hidden rules of any market.