There Are Now More Than 500 Cryptocurrency Exchanges

hasyu

Contributor
There Are Now More Than 500 Cryptocurrency Exchanges

Earlier days of bitcoin you can count the number of exchanges related to cryptocurrencies like Bitstamp, Mt Gox, Btc-e, Vircurex and some others. But now there are over 500 exchanges to choose from. Also that number of exchanges growing with every passing week. Now in world calculation of exchanges are a lot harder than it feels. Coinmarketcap counts 208 and other cryptocurrency tracking sites list dozens more there are regional exchanges in hundreds those only accessible within selective countries and continents for example Canada has Einstein Exchange, Africa has Golix, Australia has ACX and there are more launching this year. In Australia block bid has also just gained its license.
When bitcoin ecosystem was held by one exchange name Mt Gox. There was a single point of failure that duly crashed the markets when Gox eventually broke and know with hundreds of exchanges to choose from today that should not be an issue.

#cryptalk #cryptalks #cryptocurrency #exchange
 

Old Man Crypto

Expert chainblocker
There Are Now More Than 500 Cryptocurrency Exchanges

Earlier days of bitcoin you can count the number of exchanges related to cryptocurrencies like Bitstamp, Mt Gox, Btc-e, Vircurex and some others. But now there are over 500 exchanges to choose from. Also that number of exchanges growing with every passing week. Now in world calculation of exchanges are a lot harder than it feels. Coinmarketcap counts 208 and other cryptocurrency tracking sites list dozens more there are regional exchanges in hundreds those only accessible within selective countries and continents for example Canada has Einstein Exchange, Africa has Golix, Australia has ACX and there are more launching this year. In Australia block bid has also just gained its license.
When bitcoin ecosystem was held by one exchange name Mt Gox. There was a single point of failure that duly crashed the markets when Gox eventually broke and know with hundreds of exchanges to choose from today that should not be an issue.

#cryptalk #cryptalks #cryptocurrency #exchange
That’s a pretty big number. I doubt that many will survive. Next phase will be take-overs and closures. When this happens is the only question. I say 1-2 years from now several will fail while the better ones will be acquired by investment companies. True irony when it happens. Crypto anarchists will freak.
 

Alice Walker

Contributor
New Feature: Now Pay Through Your Coinbase Account On CoinSwitch
We are pleased to announce that CoinSwitch users will now be able to directly pay through their Coinbase account to exchange coins on the platform. This integration is aimed at enhancing user experience by providing a seamless way for them to use their Coinbase wallet to fulfill exchange orders placed at CoinSwitch.co.
NOTE: This feature is currently available for US region users and will be eventually rolled out to other regions as well.
How to use Pay with Coinbase account on CoinSwitch?
Step 1: Choose the exchange pair on the homepage and click on “View All Offers” button.
Step 2: Choose the offer that suits you the best. By default, we recommend using the offer that saves you the most.
Step 3: Enter the destination address and the refund address and click Next.
Step 4: Choose the “Pay with Coinbase” option to pay BTC.
Step 5: Enter the required amount (in USD) and authorise to initiate the payment.
Step 6: Your will receive your exchanged coin in the destination wallet address that you had provided in Step 3. Your order is complete.
About CoinSwitch:
CoinSwitch is a cryptocurrency exchange aggregator that currently supports over 300+ coins and 45,000+ cryptocurrency pairs — the highest in the world. Our platform enables users to exchange their cryptocurrencies on any of the partner exchanges ( KuCoin, Bittrex, ShapeShift, Changelly, Cryptopia, Changer) without having to create an account at any of these exchanges. Users on our platform can compare for the best price availability amongst the partner exchanges and execute the order through them directly from us. We also provide a dedicated end-to-end support to see through a successful order completion. In 10 months of its existence, CoinSwitch has driven volumes upto 1 million USD per day to these exchanges.
Join our Telegram channel to stay updated on new features/coin additions and global crypto updates — t.me/coinswitch_community
Happy switching :)
 
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