Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Jee on July 17, 2019, 10:49:56 PM

Title: cryptocurrency trading volume is likely fake
Post by: Jee on July 17, 2019, 10:49:56 PM
Up to 86% of total reported cryptocurrency trading volume is likely fake, according to analysis of exchange website visits

(https://www.theblockcrypto.com/wp-content/uploads/2019/05/20190528_Exchange-Volumes-1-1200x675.jpg)

The Block analyzed 48 cryptocurrency exchanges, focusing on monthly traffic over the past six months (ranging from November 2018 to April 2019)

There were nearly 800 million cryptocurrency exchange website visits in that time period
The Block compared the number of website visits to trading volume across exchanges to identify suspects that participate in faking trading volume, as indicated by disproportionately high volume relative to website visits
The exchanges that have by far the highest volume per website visit, and which are likely engaging in significant volume faking are Coineal, Fatbtc, BW, BitMax, LBank, DOBI Exchange, Bit-Z, DigiFinex, Idcm, DragonEX, ZB, CoinTiger, IDAX, Bibox, CoinBene, BitForex, Bithumb, Negocie Coins, Liquid and OKEx
On the other hand, Indodax, BX Thailand, Luno, CEX.IO, Zaif, and KuCoin do not appear to be faking any volume unless they are also engaging in faking traffic
Over the past six months, the total reported trading volume was $1.96 trillion, of which only $272.5 billion appears to be real trading volume on non-volume faking exchanges
About 86% of the trading volume looks to be fake with 65% of that total real volume originating on Binance and Bitfinex, both of which have virtually no regulatory oversight
Bitwise released a 104-page white paper on Friday, which examined exchanges for fake volume, and found that roughly 95% of reported trading volume in bitcoin is fake or non-economic in nature. Bitwise used screen scrapers to collect live trading data from over 80 exchanges for a period of several months. The only 10 exchanges that passed Bitwise’s

https://www.theblockcrypto.com/2019/05/28/up-to-86-of-total-reported-cryptocurrency-trading-volume-is-likely-fake-according-to-analysis-of-exchange-website-visits/





Title: Re: cryptocurrency trading volume is likely fake
Post by: Payme21 on July 17, 2019, 11:02:46 PM
Its a huge possibility but a lot need to be done in terms of proves before this cab hold water
Title: Re: cryptocurrency trading volume is likely fake
Post by: masterrex on July 18, 2019, 10:32:03 AM
Quote from: Ataw on July 17, 2019, 10:49:56 PM
Up to 86% of total reported cryptocurrency trading volume is likely fake, according to analysis of exchange website visits

(https://www.theblockcrypto.com/wp-content/uploads/2019/05/20190528_Exchange-Volumes-1-1200x675.jpg)

The Block analyzed 48 cryptocurrency exchanges, focusing on monthly traffic over the past six months (ranging from November 2018 to April 2019)

There were nearly 800 million cryptocurrency exchange website visits in that time period
The Block compared the number of website visits to trading volume across exchanges to identify suspects that participate in faking trading volume, as indicated by disproportionately high volume relative to website visits
The exchanges that have by far the highest volume per website visit, and which are likely engaging in significant volume faking are Coineal, Fatbtc, BW, BitMax, LBank, DOBI Exchange, Bit-Z, DigiFinex, Idcm, DragonEX, ZB, CoinTiger, IDAX, Bibox, CoinBene, BitForex, Bithumb, Negocie Coins, Liquid and OKEx
On the other hand, Indodax, BX Thailand, Luno, CEX.IO, Zaif, and KuCoin do not appear to be faking any volume unless they are also engaging in faking traffic
Over the past six months, the total reported trading volume was $1.96 trillion, of which only $272.5 billion appears to be real trading volume on non-volume faking exchanges
About 86% of the trading volume looks to be fake with 65% of that total real volume originating on Binance and Bitfinex, both of which have virtually no regulatory oversight
Bitwise released a 104-page white paper on Friday, which examined exchanges for fake volume, and found that roughly 95% of reported trading volume in bitcoin is fake or non-economic in nature. Bitwise used screen scrapers to collect live trading data from over 80 exchanges for a period of several months. The only 10 exchanges that passed Bitwise’s

https://www.theblockcrypto.com/2019/05/28/up-to-86-of-total-reported-cryptocurrency-trading-volume-is-likely-fake-according-to-analysis-of-exchange-website-visits/


Yeah absolutely True Bitforex is one of those, Im experiencing it when i try to sell its turns out that it was a void  (Wash order) Faked They do that to appear that it has a volume to show to attract traders.
Title: Re: cryptocurrency trading volume is likely fake
Post by: pelana vreo on July 18, 2019, 11:59:21 AM
There are always crypto exchanges that do fake trading volumes, I have tried several times to trade by placing orders below the prices listed in the crypt exchange list, but the number of my orders has never been sold even though there is a trading history below the price I ordered.
Title: Re: cryptocurrency trading volume is likely fake
Post by: aiviaa485 on July 18, 2019, 12:38:27 PM
I thought it was like that because it was a dirty marketing method developed by dev exchanges that didn't want responsibility.
I am sure with such strength, that is the misuse of Exchange, the Exchange should be avoided to secure your assets.
Title: Re: cryptocurrency trading volume is likely fake
Post by: arnishad on July 18, 2019, 01:50:30 PM
just few folks point out the dead of altcoin once bitcoin value rising, perhaps they were right, however solely a shitcoins can dead, not an honest altcoin
because the reality an honest altcoin can keep exist within the market my friend
Title: Re: cryptocurrency trading volume is likely fake
Post by: comer on July 18, 2019, 03:19:10 PM
they need to fake the volume to attract more traders and show to the world that cryptocurrency is a lively place to earn money. Its just but true and its really rampant now a days in many exchanges in the space. If they don't fake volume then its dangerous for them to sink and traders will leave their platform.
Title: Re: cryptocurrency trading volume is likely fake
Post by: MUGNIA on July 18, 2019, 04:57:59 PM
no wonder there are many markets with fake volumes, for now, they are competing for personal gain not for business
Unfortunately, market users will be more careful to trade in one market
Title: Re: cryptocurrency trading volume is likely fake
Post by: Claus on July 18, 2019, 06:09:53 PM
I don't really believe this buddy. I have a problem with the website and source. Moreover, I think this is from someone and we shouldn't  conclude to all exchanges. Better still we can also look more into this.
Title: Re: cryptocurrency trading volume is likely fake
Post by: zendicator on July 18, 2019, 06:13:46 PM
That is true. Almost all of the exchanges are fake volume except binance, bithumb, huobi, bitfinex. The exchanges uses fake volume in order to attract people to trade and because they want to get listed on coinmarketcap because they require a certain amount of volume to get listed there.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Bobcrypto on July 18, 2019, 07:24:01 PM
Yes, i dont think news any longer that many exchanges are engaged in faking coins volume to actract a huge members to trade on these platforms. Also there are few exchanges out there that has also distinguished themselves from this manipulations, and it is obvious that trading volume are being fake on a daily, weekly or monthly bases; a situation, that has affected most intending investors and even traders do business. I think the way out of this sinero is just a carefull selection of the suitable exchanges that are not part this hazard. This is absolutely a "crypto hazard" and we have be watchful.
Title: Re: cryptocurrency trading volume is likely fake
Post by: gotbounty on July 18, 2019, 07:53:20 PM
This fact makes people be hard to trust with exchanges. I don't know what we should do wit the fake volume issues like this. Will we just trade on Binace only? For me, as long as the exchanges have no issues of the fake volumes and no problem on deposit + withdraw, I will trust them.
Title: Re: cryptocurrency trading volume is likely fake
Post by: debra on July 18, 2019, 08:16:30 PM
Quote from: Ataw on July 17, 2019, 10:49:56 PM
Up to 86% of total reported cryptocurrency trading volume is likely fake, according to analysis of exchange website visits

It is a high possibility of fake volume. 86% is not a small number for the reports. It is truly a warning for all crypto users that we never trust 100% on exchanges. Never store our assets on certain exchanges for a long time and no store 100% assets there.
Title: Re: cryptocurrency trading volume is likely fake
Post by: TERENCIO on July 18, 2019, 09:39:58 PM
Cryptocurrency or Stock Market  it's full of manipulation and it's very hard to prevent those whales who are engage in wash trading to quickly build their trading volume so they could enjoy a lower fee structure.
Title: Re: cryptocurrency trading volume is likely fake
Post by: trauchot on July 19, 2019, 11:30:04 AM
Quite right, almost all exchanges use various bots and wind up volume, only the most top exchanges do not do this, for example, binance, I think it has long been known to everyone.
Title: Re: cryptocurrency trading volume is likely fake
Post by: juv3ntus1 on July 20, 2019, 08:35:54 AM
Yes it's true a lot of exchange are using the wash trade just to have a big volum of tradinng.And some project are fake trading volum to go on coinmarketcap.(https://www.coindesk.com/for-15k-hell-fake-your-exchange-volume-youll-get-on-coinmarketcap)
Title: Re: cryptocurrency trading volume is likely fake
Post by: Pegasus on July 20, 2019, 08:57:27 AM
There are many exchanges in the article that I've never heard about. With Binance being the largest crypto exchange in the world, it's very unusual that an exchange has higher volume than it, especially a less known exchange. It's super risky to trade on these exchanges because of liquidity issue.
Title: Re: cryptocurrency trading volume is likely fake
Post by: EtherFenix on July 20, 2019, 01:36:16 PM
Many popular and less known exchanges have bots that crank up the volume of trades, but I know that the Bittrex exchange does not have such bots
Title: Re: cryptocurrency trading volume is likely fake
Post by: sturec22 on July 20, 2019, 01:52:12 PM
Yeah actually that is true and one of the reasons that we are having this fake bull market. There were researches to identify the fake volumes but no conclusion was made. I check bitfinex and bitstamp for real volume
Title: Re: cryptocurrency trading volume is likely fake
Post by: sampoerna on July 20, 2019, 10:31:33 PM
I think not all exchanges have fake trading volumes. For a trusted exchange like Binance, it seems to not happen. In this case, the fake volumes commonly seem to manipulate in order to attract people to join the exchange. But for Binance, it shouldn't happen because it is already the number 1 exchange in the world.
Title: Re: cryptocurrency trading volume is likely fake
Post by: zilzylian on July 20, 2019, 11:58:48 PM
Some crypto exchanges may carry out passive volumes to increase the number of real investors who want to trade on their platforms, but now there are many new exchanges and we can choose exchanges that don't have fake volumes but few investors trade there
Title: Re: cryptocurrency trading volume is likely fake
Post by: bountyecrire on July 21, 2019, 01:12:46 AM
I read an article about this, big exchanges like Binance have 99% real volume, but there are some fake volume exchanges. But also, some people/companies use bots to trade, we cannot say that is fake.
Title: Re: cryptocurrency trading volume is likely fake
Post by: I-Bit on July 21, 2019, 08:30:30 AM
Very sorry to see this, but this is really a fact. There are several exchanges that have deliberately made fake trading volume and price manipulation to attract members and investors in the coins and exchange. So we must really understand which ones are real and that they should be accounted for.
Title: Re: cryptocurrency trading volume is likely fake
Post by: sidkz on July 21, 2019, 04:03:24 PM
yes of course many exchanges with counterfeit volumes
I placed orders for the sale of tokens and was at the bottom of the list
the history shows that purchases are going but my tokens are standing
Title: Re: cryptocurrency trading volume is likely fake
Post by: muneerashine on July 25, 2019, 08:56:15 PM
For a people who has more than enough, they can easily manipulate the price and create a fake volume , and also those exchanges just to show they have a huge volume and to get the trust of crypto investors.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Confero on July 25, 2019, 10:48:35 PM
Yes that can happen, but it will only be done by small exchanges, the purpose of which is to attract someone to enter and trade on the Exchange.  But this certainly will bring negative things, because what we see is not in accordance with reality.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Goodcat49 on July 25, 2019, 11:13:05 PM
This information is not new, nobody can say for sure if the particular exchange has fake trading volume or no.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Prime on July 25, 2019, 11:44:27 PM
Quote from: Goodcat49 on July 25, 2019, 11:13:05 PM
This information is not new, nobody can say for sure if the particular exchange has fake trading volume or no.

Indeed. Fake volume issues have already there for years, but for top exchanges, these issues should be not true. Binance, is one the example that the trusted exchange in the world. I doubt if it has fake volumes.
Title: Re: cryptocurrency trading volume is likely fake
Post by: kent47400 on July 26, 2019, 06:54:26 PM
Bitmax is very dominant with falsehood but in Bitmax there are also lots of good coins to trade.
I think maybe Bitmax will change management in its exchange so that it can be even cleaner because Bitmax has good potential to continue to exist in the world of exchange cryptocurrency.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Octoalts on July 26, 2019, 09:33:28 PM
 :D
Quote from: EtherFenix on July 20, 2019, 01:36:16 PM
Many popular and less known exchanges have bots that crank up the volume of trades, but I know that the Bittrex exchange does not have such bots
Yes that might be true, and that was also done by an Exchange with the aim of attracting the attention of Crypto traders to enter the Exchange.  If we know that there is an Exchange like that, we have to tell our other friends.  And we better trade on proven Exchange like BittreX that you say.
Title: Re: cryptocurrency trading volume is likely fake
Post by: vegasus on July 26, 2019, 11:54:42 PM
It may be true, but we can't give the proof. Sometimes, the fake trading volume from the exchange aims for gaining more users or members in the exchanges. If the trading volume is really fak, of course, it makes the reputation bad. But so far, I don't know which exchange does this.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Rofiastuti on July 27, 2019, 03:49:30 AM
True or false that the volume of exchange is fake as a newbie I do not understand correctly. in my opinion, whatever happens, however, the condition of our market of crypto must always be positive thingking, patient and still enthusiastic in doing the trading. confident in our own abilities - each in reading the market.
Title: Re: cryptocurrency trading volume is likely fake
Post by: juv3ntus1 on July 29, 2019, 09:54:19 AM
Coingecko are trying to help on this situation they are  makeing own raports,even i don't belive its 100 % correct ,on some exchange are a huge differente.
https://www.coingecko.com/en/exchanges
Title: Re: cryptocurrency trading volume is likely fake
Post by: EtherFenix on July 29, 2019, 03:03:28 PM
Many exchanges have bots that increase the volume of trading to attract attention, there are many such exchanges, but I know for a fact that there are no such bots on Bittrex
Title: Re: cryptocurrency trading volume is likely fake
Post by: Quart on July 30, 2019, 11:56:30 PM
fake Trading volume may not be something that is uncommon. I think that many exchanges or team do this thing because they want to attract more investors or members to trade in the exchange. Of course, it is not fair because we may not see the exact daily trading volume exactly.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Nanagyasi on July 31, 2019, 12:19:06 AM
Well, it can be that what they are saying is true but how does that affect me??
It may even have a positive side of which is the most important thing to me as a trader
Title: Re: cryptocurrency trading volume is likely fake
Post by: zendicator on August 01, 2019, 06:26:04 PM
Quote from: pelana vreo on July 18, 2019, 11:59:21 AM
There are always crypto exchanges that do fake trading volumes, I have tried several times to trade by placing orders below the prices listed in the crypt exchange list, but the number of my orders has never been sold even though there is a trading history below the price I ordered.

this is true to the most of the exchanges
Title: Re: cryptocurrency trading volume is likely fake
Post by: Whate on August 03, 2019, 05:44:59 PM
we cannot know for sure whether the amount of crypto volume available is true or false. we can only know through the reports in the white paper. the real thing we cannot know. the most important thing is to keep thinking positive so that we can be patient in the crypto trade.
Title: Re: cryptocurrency trading volume is likely fake
Post by: alltalk on October 31, 2019, 10:51:19 PM
Fake trading volume issue has been spreading out for a long time. But not all exchanges are included in this problem, Binance and indodax are two of them. The reputation of exchange will be influenced by the issue. It is better to choose other exchanges to trade.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Coin63@ on November 01, 2019, 02:06:18 AM
Yes sir your information is correct and they perform their whole trading system with Bot. There fake volume trading may hamper our whole trading ecosystems.

Some major fake volumes exchange
P2pb2b
Coinsbit
Dobitrade
Title: Re: cryptocurrency trading volume is likely fake
Post by: LogiC on November 01, 2019, 02:31:25 AM
Quote from: Coin63@ on November 01, 2019, 02:06:18 AM
Yes sir your information is correct and they perform their whole trading system with Bot. There fake volume trading may hamper our whole trading ecosystems.

Some major fake volumes exchange
P2pb2b
Coinsbit
Dobitrade

Well its proven that they are faking the volume but, there is an option for the exchange or feature called market making, I know lots of exchange have this service to fully open up to project to make their coin gain liquidity to help in creating some volume. But to be honest, I dont think this is so called a service. Of course everyone here wanted to trade the coin naturally and having this kind of activity isn't totally natural. Although it can be seen or look blended perfectly but still isn't good.
Title: Re: cryptocurrency trading volume is likely fake
Post by: shadowdio on November 01, 2019, 04:56:06 PM
Yep there are many exchanges that has fake volume like bitforex. I used bitforex exchange before because the team listed their token. I found out that bitforex using fake volume. I don't know why these exchanges using fake volume, maybe because of volume ranking? they just want to be top 10 highest trading volume?..
Title: Re: cryptocurrency trading volume is likely fake
Post by: Nostoman on November 01, 2019, 05:48:14 PM
Quote from: Ataw on July 17, 2019, 10:49:56 PM
Up to 86% of total reported cryptocurrency trading volume is likely fake, according to analysis of exchange website visits

(https://www.theblockcrypto.com/wp-content/uploads/2019/05/20190528_Exchange-Volumes-1-1200x675.jpg)

The Block analyzed 48 cryptocurrency exchanges, focusing on monthly traffic over the past six months (ranging from November 2018 to April 2019)

There were nearly 800 million cryptocurrency exchange website visits in that time period
The Block compared the number of website visits to trading volume across exchanges to identify suspects that participate in faking trading volume, as indicated by disproportionately high volume relative to website visits
The exchanges that have by far the highest volume per website visit, and which are likely engaging in significant volume faking are Coineal, Fatbtc, BW, BitMax, LBank, DOBI Exchange, Bit-Z, DigiFinex, Idcm, DragonEX, ZB, CoinTiger, IDAX, Bibox, CoinBene, BitForex, Bithumb, Negocie Coins, Liquid and OKEx
On the other hand, Indodax, BX Thailand, Luno, CEX.IO, Zaif, and KuCoin do not appear to be faking any volume unless they are also engaging in faking traffic
Over the past six months, the total reported trading volume was $1.96 trillion, of which only $272.5 billion appears to be real trading volume on non-volume faking exchanges
About 86% of the trading volume looks to be fake with 65% of that total real volume originating on Binance and Bitfinex, both of which have virtually no regulatory oversight
Bitwise released a 104-page white paper on Friday, which examined exchanges for fake volume, and found that roughly 95% of reported trading volume in bitcoin is fake or non-economic in nature. Bitwise used screen scrapers to collect live trading data from over 80 exchanges for a period of several months. The only 10 exchanges that passed Bitwise’s

https://www.theblockcrypto.com/2019/05/28/up-to-86-of-total-reported-cryptocurrency-trading-volume-is-likely-fake-according-to-analysis-of-exchange-website-visits/


Everyone Sayes that cryptocurrency trending volume is fake, there are many exchanges fake volume. For a example p2pb2b likely fake.             
Title: Re: cryptocurrency trading volume is likely fake
Post by: Lanirex on November 01, 2019, 11:29:15 PM
There are indeed some exchanges that provide false information about trading volumes on their platforms, the aim is to attract traders. But actually the way it is wrong and can harm traders, that is the reason why we must be careful if you want to trade Crypto coins. Lots of fraud that can harm us.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Coin63@ on November 02, 2019, 05:15:49 PM
Superb information brother.. Some bot trading exchange trading volume always fake. I example such kind of exchanges,, P2pb2b, dobitrade, Coinsbit, biki, coinexchange, exrates etc... So should be alart such kind of fake volumes.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Altcoin1998$ on November 03, 2019, 03:31:02 PM
Only top ranked favourite exchanges like binance, okex, houbi global, kucoin, biki, etc show their real volume and others decentralized and some centralized exchange showing fake volumes in the market charts.
Title: Re: cryptocurrency trading volume is likely fake
Post by: trauchot on November 08, 2019, 09:44:52 AM
Quote from: Altcoin1998$ on November 03, 2019, 03:31:02 PM
Only top ranked favourite exchanges like binance, okex, houbi global, kucoin, biki, etc show their real volume and others decentralized and some centralized exchange showing fake volumes in the market charts.
Quite right, only the most top cryptocurrency exchanges have real volume, but medium-sized exchanges constantly wind up their volume, and we can not even talk about new exchanges about their completely fake volume.
Title: Re: cryptocurrency trading volume is likely fake
Post by: masterrex on November 08, 2019, 10:42:28 AM
That was most likely, In my own experience when traded one of the ICO tokens in the one of the top 10 cryptocurrency exchange. i was wondering why I was not able to sell my tokens  when the buy order was there i found out that it was just a faked buy order how ironic those exchange included in top 10 base on CMC ranking.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Luckyperson21 on November 08, 2019, 11:19:35 AM
Almost all exchange sites manipulate trading volumes. They all use more BOT. Well, that is natural in my opinion. Coins that are not popular or rarely traded by humans are traded using BOT. Only a few coins are traded using humans. Maybe.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Seerge on November 08, 2019, 11:48:01 PM
I have come across this, when I have a token and want to sell it on an exchange that trades the token, I see that the exchange has a very large volume so I am optimistic I can sell my token. But after I entered the exchange I could not sell my tokens because no one bought, I could not even withdraw the tokens that I sent to the exchange. Unfortunately I forgot the name of the exchange, so I believe there are some exchanges that do have false volume information.
Title: Re: cryptocurrency trading volume is likely fake
Post by: pelana vreo on November 09, 2019, 10:17:07 AM
Quote from: Seerge on November 08, 2019, 11:48:01 PM
~snip~
Always use exchanges that have high trading volume and can be trusted, make sure you see every transaction and join the telegram channel to avoid such things, there are many new exchanges now and make sure you are always careful and ask friends and community members in the forum this before making a deposit if it's really necessary
Title: Re: cryptocurrency trading volume is likely fake
Post by: Zemytha on November 09, 2019, 07:38:34 PM
Disappointing of course. They falsified trading volume on their exchanges just to make their site look like many traders were trading there. That way, many new altcoins want to be listed on their exchanges.
Title: Re: cryptocurrency trading volume is likely fake
Post by: juv3ntus1 on July 29, 2020, 08:12:09 AM
Most Centralized exchange are using the wash treading because dependent on trading fees higher trading activity  results in higher profit.Dex are the only exchanges who are not have the fake trading volume.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Hope4life on July 29, 2020, 11:36:16 AM
Thanks for this information, really help me a lot to choose best crypto exchange. Btw, i've tried some of those exchange and it's seem to be true and some of those exchange have a bot trade that really annoying for me.
Title: Re: cryptocurrency trading volume is likely fake
Post by: masudginanjar on July 30, 2020, 03:32:18 PM
Trading in crytpocurrency is always full of intrigue and drama, whether it is fraud or forgery in every step of cryptocurrency.

Falsification in cryptocurrency trading must exist because in that case it always wants to be there or the intention to attract investors.
If the trading volume is large, then certainly investors are also interested in trading the die xchange, normally it might be like that but the fact is the falsification of trading volume!
Title: Re: cryptocurrency trading volume is likely fake
Post by: Jaephoenix on July 30, 2020, 05:38:01 PM
The truth is this. Crypto space is a hugely unregulated sphere, and lots of projects lie just to keep afloat. That is the cons of crypto, and we as users have to examine it and have to accept a level of centralization or control
Title: Re: cryptocurrency trading volume is likely fake
Post by: @chison on July 30, 2020, 09:36:49 PM
The exchanges you mentioned are Centralised exchanges. All you mentioned are possible. Checking other exchanges like DEx liquidity you see is real. Like injective protocol exchange that is fully decentralised and border less
Title: Re: cryptocurrency trading volume is likely fake
Post by: H2O on August 01, 2020, 08:48:56 AM
Above all exchanges centralised exchange like p2pb2b, latoken, whitebit, coinsbit, exmarket, BIKI, cointiger, chainx, probit global, etc shows fake volumes of daily trading. Binance, OKEx, kucoin, Houbi, MXC shows actual trading volumes.
Title: Re: cryptocurrency trading volume is likely fake
Post by: MrSpasybo on August 01, 2020, 09:42:46 AM
We all know that crypto exchanges are not regulated at all, and transparency is unmatched when it comes to exchange rates or trading volumes. It is not difficult to counterfeit trading volume, while it helps to increase the position of the trading platform and attract more users.
However to prove this is not easy, the correlation between web traffic and transaction volume is for reference only.
Title: Re: cryptocurrency trading volume is likely fake
Post by: TERMINO on August 01, 2020, 11:13:34 AM
It is called cheating. I think the inner circle of the team are responsible for this to ensure to the people the project really alive and doing well as what the trading volume shows. If this things happen before possible it is still happening now in different exchanges especially there are new exchanges launch recently.
Title: Re: cryptocurrency trading volume is likely fake
Post by: Tanimariya on August 01, 2020, 02:15:38 PM
There are many exchanges, those who think of trade, they give fake volume. They have really learned to trade. They don't care about the popularity of the exchange. Coinsbit, p2pb2b, latoken, whitebit, probit global etc. But on the other hand there are some good exchanges. Such as binance, Kucoin etc exchanges have really been able to gain the popularity of the exchange.
Title: Re: cryptocurrency trading volume is likely fake
Post by: NihonShoki on August 10, 2020, 09:49:19 AM
Cryptocurrency market is very popular and enjoys the attention of a lot of people, especially entrepreneurs and investors. that is why many people have forged Web sites of electronic floors to make a profit. That is why we need to learn carefully before participating
Title: Re: cryptocurrency trading volume is likely fake
Post by: Hanako on August 10, 2020, 11:32:02 AM
When you look at buy and sell orders in some of the top exchanges, you can clearly see that it has been faked, resulting in often very large volumes per day. But before you criticize, think about it beneficial. I find it quite beneficial for the user, the bot commands will help increase demand. Thereby helping people with better liquidity