Why is the Platforms closed, even if it is not hacked?

[Mashiur 77]

Actually I don't know about this metter. Because I am new members in this forum. But I am very interested to know about this metter

[Robot 93]

Actually I don't know why they stopped it. But I am very interested to know about this metter. If anyone know why they stopped it then please tell me

[Ali_hmwi 966]

On 11/28/2019 at 1:25 PM, redamoun said:

In 2019 at less four or five exchanges closed their doors, because the crypto business is not more profitable for them, but for me i think the cost of security of platforms become more expensive than before, because today in the world there are more hackers than developers, and the internet become more risky.

In my opinion 90% of students of informatic try only to become a very good pirat, it's more profitable than working with a company for the rest of your life.

So my friends what are the other causes you think it can bring exchanges to close doors? 

Hmmm really they juat colse their door lile that i think cryptocorancy need more people to engage in or the new platforms that is appear may fall down again we need more people for that more people more coin in trading more prices..

[Hanan951 841]

Just now, Ali_hmwi said:

Hmmm really they juat colse their door lile that i think cryptocorancy need more people to engage in or the new platforms that is appear may fall down again we need more people for that more people more coin in trading more prices..

You are right we need more users to make the new platforms and coins have the best chance to prove themselves to all otherwise that will be a waste of time, and a lot of coins fall to because cryptocurrency need more users..

[Whydoyoucare 1094]

I think exchange closed when they didn't reach their montly qouta. Or if they dont have enough funds to keep the exchange running that is why exchange force to closed. So its like financial problem.

[ram007 391]

from what i read,exchanger are closed due to liquidity or liquidation issues,being hacked and probably due to money launderinh issues. thats why its better to choose the trusted and secured one.

[Honny143 13612]

I have no idea why this 4 are 5 closed in 2019 but I think hacker is not proper reason to close, because so many condition follows this close exchange, some exchange have not proper planning and they opens exchange, but they can't provide strong security and gives any good facility, so why investors invest in this exchanges when amount not come in any exchange they closed this exchange.

[Nakamoto 279]

On 11/28/2019 at 6:25 PM, redamoun said:

In 2019 at less four or five exchanges closed their doors, because the crypto business is not more profitable for them, but for me i think the cost of security of platforms become more expensive than before, because today in the world there are more hackers than developers, and the internet become more risky.

In my opinion 90% of students of informatic try only to become a very good pirat, it's more profitable than working with a company for the rest of your life.

So my friends what are the other causes you think it can bring exchanges to close doors? 

One of them is because of only a few traders trade. The exchange makes a profit from every order the trader executes. If there are no traders, then where do they cover server costs and employee salaries.

[Hassanali 22]

Its the duty of the officers and official people to manage the closings and openings of the exchange and other requirements for the crypto talk exchange users and customers.

[Ms.o 3322]

There are reasons behind this. And from what i have read the some of the reasons are because of the market conditions, increasing regulation, inability to fund further development and maintain operation.

[malik6314193 5449]

On 11/28/2019 at 4:25 PM, redamoun said:

In 2019 at less four or five exchanges closed their doors, because the crypto business is not more profitable for them, but for me i think the cost of security of platforms become more expensive than before, because today in the world there are more hackers than developers, and the internet become more risky.

In my opinion 90% of students of informatic try only to become a very good pirat, it's more profitable than working with a company for the rest of your life.

So my friends what are the other causes you think it can bring exchanges to close doors? 

Yes your reason may is right. But i think there are also many spammers sites which offer to trade their money and when they see alot of money they got they ran away. It's just my point of view. 

[MrGeany 297]

one of the common reason is that the investors are going and they don't have enough money to finance their exchange platform. it takes lots of money to just hold such good developers and it guys to you several millions i think at least.so it is a money problem

[bentayebsalah 2280]

There are several reasons why platforms are closed and that they are subject to bankruptcy and loss and do not achieve good profits through this
It is also under pressure from governments, and this is why it is forced to close

[magd 5231]

Hello There are many reasons that may call for the platforms to close, such as the lack of security and stability for people working on the platform, which calls these people to fear exchange in an insecure platform, or the insufficient number of clients on the platform, which makes the cost of platform security, payment and construction greater than the returns Achieved by the exchange within this platform

[scorpiali 5626]

On 11/28/2019 at 12:25 PM, redamoun said:

In 2019 at less four or five exchanges closed their doors, because the crypto business is not more profitable for them, but for me i think the cost of security of platforms become more expensive than before, because today in the world there are more hackers than developers, and the internet become more risky.

In my opinion 90% of students of informatic try only to become a very good pirat, it's more profitable than working with a company for the rest of your life.

So my friends what are the other causes you think it can bring exchanges to close doors? 

If the exchange cant put more money to improve security in his website they will give up and take decision to close the exchange because it's the money of users and they cant take the risk 

[tienda 8776]

Yes of course is not always when we heard about a such website exchange closed we will think that is hacked no, the majority of them are closed because the bad management, because there are two things important in this service, money and good management.

[iloveyobit 6599]

There are many reasons that may lead to the closure of platforms and not on the condition that they are compromised, its aim may be only the monument and closed and it may have gone bankrupt and closed its doors as well.

[Rendra808 92]

I also suppose that the security charges are the primary reason for exchanges to be shutting down, along with poor volumes dues to fierce competition they face. Older exchanges having extra experience can easily cope with situations like low volatility and trading volumes.

[iriandala1225 6]

Looks like it's not a hindrance being paid hacked or impartial katanke Luck. But the rules that are the core of the several platforms are bunged at this time. for the reason that the legislation has been broadly issued and misused according to the applicable procedures.
 

[jacker 1095]

I think the Platform is not likely to exist as few users it is also the reason the platform is closed. The user is the platform's lifespan, maintains the platform and is a platform evaluator. it's too weak to maintain, it will close sooner or later

[George10 9932]

There are many reasons that can make an exchange to close down,for example when it has been hacked or trying to scam it's users.

[Thekingcallme 1975]

I think that the platforms are closed because they are bankrupt or they are having problems with the government in the country where the platform is located and for this you have to close according to my information.

[Calvinpriva 17296]

Its hard to know the real reason for exchanges to be closed because there are many things in business including scam and loss. Maybe they got scammed and lost a lot of money or they get loss and decide to stop their business.

[jamesvince 2389]

Many reasons behind closed the business operations of crypto market exchanges i read one exchange articles which name was coinexchange.io this exchange said their operational and security expenses more then our earning that is why they didn't continue their business. 

[Saboor 511]

From the most of the reasons I read when they closed the exchange, it is due to the management of the platform, they can't manage it and it is better to close it down because they have very few traders in the platform