Quote from: rodskee on August 19, 2018, 02:05:07 PM

Quote from: Shazxdx on July 27, 2018, 04:29:43 AM

Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.

Not bad if there's many new exchange the pioneers exchange with have trusted reputation but have an expensive transaction fees.
The news exchange with have also good features and have high security capabilities people try to use it because of low transaction fees.
The more new exchange they more competitive who gives lowest fees for every transactions but need to be careful choosing news exchange to avoid scams.

I do believe that these exchanges will have good start of their business, but eventually will have lesser caters in next few quarters. Bitcoin tradings as well as other cryptocurrencies might be so hard to soar high due to more buy and sell issues.

Fasunathan

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