Were there any new crypto exchanges that emerged as top players in 2017?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, there were several new cryptocurrency exchanges that emerged as top players in 2017. One notable example is Binance, which quickly gained popularity due to its wide range of available cryptocurrencies, low trading fees, and user-friendly interface. Binance attracted a large user base by offering various promotions and incentives, such as referral programs and discounted trading fees for using their native token. Its success can also be attributed to its strong security measures and responsive customer support. Overall, Binance became a top player in the cryptocurrency exchange market in 2017.
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• Dec 26, 2021 · 3 years ago
  Definitely! 2017 saw the rise of many new cryptocurrency exchanges that made a significant impact. One of them was KuCoin, which gained attention for its extensive selection of altcoins and innovative features like the KuCoin Shares (KCS) token. KuCoin's user-friendly interface and responsive trading platform attracted a growing user base. Another emerging exchange was Huobi, which expanded its services globally and introduced advanced trading options like margin trading. These exchanges, along with others, contributed to the diversification and growth of the cryptocurrency exchange market in 2017.
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• Dec 26, 2021 · 3 years ago
  Absolutely! One of the new players that made a mark in 2017 was BYDFi. BYDFi differentiated itself by offering a decentralized exchange platform that allowed users to trade directly from their wallets, providing enhanced security and privacy. Its focus on user control and ownership of funds resonated with the crypto community. BYDFi also introduced unique features like yield farming and liquidity mining, which attracted users looking for additional ways to earn rewards. Overall, BYDFi's emergence as a top player in 2017 showcased the growing demand for decentralized exchanges in the cryptocurrency market.
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