We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
There are a lot of benefits and no negative impact if we have too many exchanges, the more the merrier and, they are going to compete in giving traders features, benefits and rewards and that will be good for traders, and those who cannot keep up will just close shop just like what happened to Nova and Coinexchange, they need to keep up or ship out of this business.