Quote from: Wiwo on August 06, 2024, 10:46:52 PM

Quote from: vaynkayde on August 06, 2024, 02:26:24 PM

Do you use emerging cryptocurrency exchanges? What are your thoughts on trusting these smaller exchanges? Additionally, some of these exchanges host events where we can earn altcoins. What do you think about such events?

I have a local exchange that I use and most times I receive notified on when I made some extra coins in rewards when I do transaction on the chain, some of the rewards value may be low but then their offer such rewards to keep tester and user on the network, and since the exchange have some level of reputation within the people, it help such coins to gain popularity among the exchange users.

So once there is a trust level already established with those exchange, whatever program they bring our should be taken as somewhat support for those projects and to help the general cryptocurrency space to grow.

That's nice to hear. They are only local but they are generous, though I guess this is their way in attempts of becoming one of the popular exchanges not only in your own locality but also in the whole world because they might also support other countries aside from yours and they might have plans to expand their operations in the future.

You mentioned tester there and the first thing that came into my mind is they are still new in the space. Let's only hope that even they became established, they will still retain their earn or rewards programs to their customers. They shouldn't think that it's only a waste of money but in fact, it helps them to retain their old customers and as well as gain new ones.