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!