But what about young projects on the market? After all, they also have the right to life? competition will always be high
At this point? Traders prefer reputable exchanges over new minted exchanges. Young projects on the market are good, however, with the history of scam exits, KYC first before withdrawal, changing TOS on the fly, no volume, or faking it to look like the exchanges has a lot of liquidity, much better to stick with big exchanges today than take the risk that you might regret later, IMHO.