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RE: Two Indian Cryptocurrency Exchanges Are Shutting Down-What Does It Mean?

in #bitcoin7 years ago

There are so many exchanges I find it over crowded compared to crypto coins. I looked at coinmarketcap.com and they listed almost 9 to 1 ratio between exchanges to coins. Not to say all crypto coins are listed but that is the same with exchanges. Either way the strongest survives so this is a good sign of consolidation.