Quote from: Fragmentsentence on May 31, 2019, 12:01:14 PM

Quote from: dezi6 on May 30, 2019, 05:46:06 AM

Quote from: kolnides on May 29, 2019, 06:22:16 PM

This is a good wish, but in order to work like Binance, you need a unique idea and a lot of investments. In any case, the team has someone to equal, and the main thing is that you can always make the platform better than a competitor.

I think it is too early to talk about the level of Binance, because there are many more smaller exchanges on the market, which also need to be surpassed. It is quite difficult to make young crypto exchanges, because for this you need to spend a huge amount of work, attract traders, increase brand awareness and so on.

It's true, first they need to reach the level of BitMex, surpass it in popularity and then move on. Considering that the project team plans to implement, small exchanges will not be competitive due to their limited functionality.

It is necessary not to look at the larger stock exchanges and go on your way. Each exchange has its users who are very difficult to attract to the new exchange. We need to come up with some kind of promotions or other events to attract new users.

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