Now exchangers and exchanges in general have begun to appear on the market much more, will they compete with others? this is another question, but as for me its difficult, everyone has long taken their place, but got on WhiteBit the exchange what do you think, are there any chances?
I heard this exchange, looks like a lot of people are shilling this exchange in the forum, it was just recently launch but it already have a good volume, but I haven't use this exchange yet, I still with the old exchange but reliable.
Too many exchanges is good for the market because it's expected that the adoption will increase, with that, exchanges are in demand.
- Exactly, many exchanges will create an incentive for old exchanges to continue to move up, it will even be an opportunity for new exchanges to show their full potential and strength in the market, and we as users of this market, we have the right to choose what's good for us. However, we should still be careful when a lot of exchanges are created to deceive our information and steal our money, many people have confirmed their information is leaked, so if we are not sure about an exchange, stop using it and select exchanges that are trusted by everyone