Now a days, I have observed that out of ten projects three or four are of new exchanges. At the moment there are so many exchanges available for cryptocurrencies. When we invest in other projects and its token got listed in one of the new exchange, we have to create account with that exchange to trade those tokens.
Do you really think that there is a need of so many exchanges? isn't it very complicated and lengthy to keep accounts in many exchanges?
Please share your views.
New exchangers continue to emerge due to the large number of tokens that are not accommodated in established exchangers. The amount of listing fees in large exchangers provides an opportunity for new exchangers to appear with smaller listing fees and I think it's only natural. New exchangers will continue to emerge as long as new projects continue to emerge because requests for listings will continue