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[AudraMiller]

There are many cryptocurrency exchanges and trading platforms that are popping up now with more and more being created to meet and take advantage of the hype that is surrounding the crypto world. It seems that the company Talos, which is looking into providing technology for crypto trading is receiving a huge investment of 40 million dollars, from Andreessen Horowitz. This will certainly go a long way in their development. Do you think that it is good to be investing in up and coming crypto trading platforms or should we focus on the existing ones that we have and strengthening them?

 

[Niftyicon]

Well, it depends on what the new platform has to offer. Many exchange platforms end up shutting down, so I believe for such investments to have been secured, the platform must have something unique that was worth the investment.

 

[AudraMiller]

Well, it depends on what the new platform has to offer. Many exchange platforms end up shutting down, so I believe for such investments to have been secured, the platform must have something unique that was worth the investment.

This is a good point. There are multiple exchanges that start up and close down due to a lack of profit. Perhaps they already have a potentially high user base depending on their partnerships that is showing promise for the trade company?

 

[Niftyicon]

This is a good point. There are multiple exchanges that start up and close down due to a lack of profit. Perhaps they already have a potentially high user base depending on their partnerships that is showing promise for the trade company?

I have similar thoughts too. Such a huge amount of investment must be for a platform that has great prospects that many others may not necessarily have.

 

[AudraMiller]

I have similar thoughts too. Such a huge amount of investment must be for a platform that has great prospects that many others may not necessarily have.

Perhaps as well they are looking at the region of the exchange, and the area in which it as developed, hoping that this investment would increase the investment into crypto from that region, expanding its reach.

 

[BusyCat]

If the new exchange platform has got better features and advanced trading tools , one should definitely try out the new exchange platforms , and should later decide whether to continue with it or stick on to the old exchange.

 

[AudraMiller]

If the new exchange platform has got better features and advanced trading tools , one should definitely try out the new exchange platforms , and should later decide whether to continue with it or stick on to the old exchange.

I think that the one thing that will help people to test out the exchange is for them to offer a special for newbies. For example 0% trading fees for the first three days for new members.

 

[BusyCat]

I think that the one thing that will help people to test out the exchange is for them to offer a special for newbies. For example 0% trading fees for the first three days for new members.

Yeah nowadays some new exchanges have got some benefits but its like the bonus which cannot be withdrawn , one can only use them for trading , these kind of bonuses are popular in new exchanges nowadays. We cant trust them completely as well.

 

[Wisdom01]

It is best to invest in existing ones ,because many new exchange platforms havent gotten Any review and others,so its still very risky ,because we dont know their longetivity

 

[LutherKing]

Simplicity should be the first thing along with security of funds , if the exchanges can offer some positive deposit plans as well for investors along perks , then these things can invite actually some investors , it takes time though backing , promotion and more to get there

 

[BusyCat]

I think that the one thing that will help people to test out the exchange is for them to offer a special for newbies. For example 0% trading fees for the first three days for new members.

Yeah nowadays some new exchanges have got some benefits but its like the bonus which cannot be withdrawn , one can only use them for trading , these kind of bonuses are popular in new exchanges.

 

[Razor1911]

There are many cryptocurrency exchanges and trading platforms that are popping up now with more and more being created to meet and take advantage of the hype that is surrounding the crypto world. It seems that the company Talos, which is looking into providing technology for crypto trading is receiving a huge investment of 40 million dollars, from Andreessen Horowitz. This will certainly go a long way in their development. Do you think that it is good to be investing in up and coming crypto trading platforms or should we focus on the existing ones that we have and strengthening them?

That is great newe for crypto traders. Though these days even evey broker has their own set of softwares. But the investment it got will only help in boosting the quailty of trading.

 

[Wisdom01]

Yeah nowadays some new exchanges have got some benefits but its like the bonus which cannot be withdrawn , one can only use them for trading , these kind of bonuses are popular in new exchanges.

This is true ,because many exchange platform i have checked on usually offer bonus ,and the bonus is just for trading fees and others ,after that it cant be withdrawn

 

[BusyCat]

This is true ,because many exchange platform i have checked on usually offer bonus ,and the bonus is just for trading fees and others ,after that it cant be withdrawn

Yeah thats how I lost interest in airdrops , no one offers coins for free nowadays , they just require investment in every project.

 

[microunit]

Yeah nowadays some new exchanges have got some benefits but its like the bonus which cannot be withdrawn , one can only use them for trading , these kind of bonuses are popular in new exchanges.

If the bonuses can be withdrawn people may take advantage of that and exploit that for various reason and that might be a reason for new exchanges to shutdown after just a few months

 

[Wisdom01]

Yeah thats how I lost interest in airdrops , no one offers coins for free nowadays , they just require investment in every project.

Yeah no one offers for free ,if any legit airdrop takes place,its only just few users that will benefit more from the airdrop too

 

[BusyCat]

Yeah no one offers for free ,if any legit airdrop takes place,its only just few users that will benefit more from the airdrop too

Yeah its like first 5k members usually in most of the legit airdrops , so the airdrop is ruled out from the earning methods available online.

If the bonuses can be withdrawn people may take advantage of that and exploit that for various reason and that might be a reason for new exchanges to shutdown after just a few months

Instead they can implement any strict kyc policy or deposit and withdraw policy , instead of considering it for using in fees , hopefully the future airdrops will have this option.

 

[microunit]

Instead they can implement any strict kyc policy or deposit and withdraw policy , instead of considering it for using in fees , hopefully the future airdrops will have this option.

Kyc can definitely help in fighting against duplicate accounts but this may also hinder some people in joining the site

 

[Wisdom01]

Yeah thats how I lost interest in airdrops , no one offers coins for free nowadays , they just require investment in every project

They want to make their own gains ,so they might just require you to invest some certain amount to gain from the platform

 

[microunit]

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