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RE: :: IDAP :: Cryptocurrency Derivative Ecosystem

in #idap6 years ago

Looks like another cryptocurrency exchange will come out of this ICO. Let's hope it's a successful one. But to be fair, isn't cryptocurrency market saturated with new and in some cases random exchanges? Maybe it's good, but the liquidity of the market is getting spread thin.

I also have idap listed on my tracker. They have been doing pretty good on their social media with no extreme numbers or abrupt changes :)

idap performance.png

Moreover, after running idap website through my expert check tool, I found that only 1 person is an advisor from ICO Bench, which is good - the team is not stuffed with them.

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Fully agree that the market is getting saturated with new exchanges, though this creates a market where only the best designed and user friendly exchanges that offer a plethora of trading options will succeed.

I think the honest opinion from most crypto traders is this: The Majority of Crypto Exchanges Suck...
Which would create a situation where new and random exchanges need to be born to provide the changes necessary to the markets.

There will be winners and loosers within the exchanges, Idap seems positioned to be a leader.
Thanks for the comment!

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