No, I don't think that the submission that because people have downloaded these exchanges in numbers mean that they have been used or that they are using them. It is not true. We need to know that some of these exchanges when they are open for business, they come up with different kinds of bonuses and giveaways to attract traders to sign up with them. Of course some traders will sign up to get those benefits and afterwards they abandon the exchange. Some exchange too when opening attract some good developers to list under them and so if you need to buy those coins you have to sign up to it before buying. Also, during ICO and IEO, there were dubious collaboration between owners of the developers of the projects, the exchange owners and sometimes (the bounty managers) to send rewards to those unknown exchanges with no trading volume just to create traffic in them but they never lasted. So, to open an account with exchange isn't a fact that people consistently use them like Hi88vip3, bitget, bybit, kucoin etc . I remember Bitrue was getting ready popular at a point but not anymore. I think it has its native token too. I feel I open an account with Bitrue and CoinEx but didn't follow up.
No, I don't think that the submission that because people have downloaded these exchanges in numbers mean that they have been used or that they are using them. It is not true. We need to know that some of these exchanges when they are open for business, they come up with different kinds of bonuses and giveaways to attract traders to sign up with them. Of course some traders will sign up to get those benefits and afterwards they abandon the exchange. Some exchange too when opening attract some good developers to list under them and so if you need to buy those coins you have to sign up to it before buying. Also, during ICO and IEO, there were dubious collaboration between owners of the developers of the projects, the exchange owners and sometimes (the bounty managers) to send rewards to those unknown exchanges with no trading volume just to create traffic in them but they never lasted. So, to open an account with exchange isn't a fact that people consistently use them like Hi88vip3, bitget, bybit, kucoin etc . I remember Bitrue was getting ready popular at a point but not anymore. I think it has its native token too. I feel I open an account with Bitrue and CoinEx but didn't follow up.

No, I don't think that the submission that because people have downloaded these exchanges in numbers mean that they have been used or that they are using them. It is not true. We need to know that some of these exchanges when they are open for business, they come up with different kinds of bonuses and giveaways to attract traders to sign up with them. Of course some traders will sign up to get those benefits and afterwards they abandon the exchange. Some exchange too when opening attract some good developers to list under them and so if you need to buy those coins you have to sign up to it before buying. Also, during ICO and IEO, there were dubious collaboration between owners of the developers of the projects, the exchange owners and sometimes (the bounty managers) to send rewards to those unknown exchanges with no trading volume just to create traffic in them but they never lasted. So, to open an account with exchange isn't a fact that people consistently use them like Hi88vip3, bitget, bybit, kucoin etc . I remember Bitrue was getting ready popular at a point but not anymore. I think it has its native token too. I feel I open an account with Bitrue and CoinEx but didn't follow up.

No, I don't think that the submission that because people have downloaded these exchanges in numbers mean that they have been used or that they are using them. It is not true. We need to know that some of these exchanges when they are open for business, they come up with different kinds of bonuses and giveaways to attract traders to sign up with them. Of course some traders will sign up to get those benefits and afterwards they abandon the exchange. Some exchange too when opening attract some good developers to list under them and so if you need to buy those coins you have to sign up to it before buying. Also, during ICO and IEO, there were dubious collaboration between owners of the developers of the projects, the exchange owners and sometimes (the bounty managers) to send rewards to those unknown exchanges with no trading volume just to create traffic in them but they never lasted. So, to open an account with exchange isn't a fact that people consistently use them like Hi88vip3, bitget, bybit, kucoin etc . I remember Bitrue was getting ready popular at a point but not anymore. I think it has its native token too. I feel I open an account with Bitrue and CoinEx but didn't follow up.