Post
Topic
Board Beginners & Help
Re: HOW RECOGNISE NEW COIN & EXCHANGE?
by
skarais
on 03/02/2020, 13:36:49 UTC
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The growth of cryptocurrency in the last decade is quite fast and there is no one who forbids anyone to start their business in crypto including making new coins and new exchanges unless it is collided with a country regulations. For some people, the existence of crypto has made them start new fields of business and profit by various efforts and what is quite real is the development of new coins and exchanges.

The main thing that is a challenge for developers and the exchange of new coins is market competition. This is not easy because they have to make every effort to create new exchanges and coins that are safe and look legitimate and acceptable to the public. But what is unfortunate is the increasing interest of scammers to deceive this community with their efforts to make new coins or exchanges so that all members of the community must be careful in choosing coins and exchanges before they invest their money there.

The emergence of public doubts about the exchange and new coins that have not been tested will only hamper the growth and interest of investors and others to use the exchange and invest in legitimate new coins and of course this is the negative impact caused by irresponsible people. For security reasons, most people advise not to be affected by exchanges and new coins because the risk of security and losing money is higher than coins and exchanges that have proven their validity.