The current currencies are 4849 and Markets are 20850 according to the CMC. Is this really working fairly? I think if it was altered, it would better to get more volume and liqudity. Still thinking, the future of Exchangaes.
Many crypto markets are known for fake volume or crappy exchanges, since I've been in crypto space i only recognise 10 crypto markets are they are mostly top exchanges, whether they will live long or not i don't know, especially centralized exchanges that can get hacked anytime, you want my advice? Don't leave coins on exchanges for long
same here . i only recognize a few but why would you try to use others or many more exchange when others are just crappy and faulty ? better if we can only stick to one or two because they already got what we need . however even the top exchanges are also not perfect . some complaints arises on the past that exchanges like binance having a fake volume and liquidity . a complaint also about bad coins listing and stuffs like that , etc but still it isnt alarming at all .
We dont really need lots of exchangers and as said 2 or 3 would really be enough but come to think that there were lots of different markets
not only a single platform would able to launched up and also there are regulations needed to be complied on said exchange.
Also, lots of investors will surely consider on building an exchange.Why? because this one is a profitable business.We saw the demand and thats why
its impossible to think that we would only have a few.