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Author Topic: cryptocurrency trading volume is likely fake  (Read 16571 times)

Offline Altcoin1998$

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Re: cryptocurrency trading volume is likely fake
« Reply #45 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.
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Re: cryptocurrency trading volume is likely fake
« Reply #45 on: November 03, 2019, 03:31:02 PM »

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Re: cryptocurrency trading volume is likely fake
« Reply #46 on: November 08, 2019, 09:44:52 AM »
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.
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Offline masterrex

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Re: cryptocurrency trading volume is likely fake
« Reply #47 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.

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Re: cryptocurrency trading volume is likely fake
« Reply #48 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.

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Re: cryptocurrency trading volume is likely fake
« Reply #49 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.

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Re: cryptocurrency trading volume is likely fake
« Reply #50 on: November 09, 2019, 10:17:07 AM »
~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

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Re: cryptocurrency trading volume is likely fake
« Reply #51 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.
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Re: cryptocurrency trading volume is likely fake
« Reply #51 on: November 09, 2019, 07:38:34 PM »


Offline juv3ntus1

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Re: cryptocurrency trading volume is likely fake
« Reply #52 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.
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Re: cryptocurrency trading volume is likely fake
« Reply #53 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.

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Re: cryptocurrency trading volume is likely fake
« Reply #54 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!
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Re: cryptocurrency trading volume is likely fake
« Reply #55 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

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Re: cryptocurrency trading volume is likely fake
« Reply #56 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
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Re: cryptocurrency trading volume is likely fake
« Reply #57 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.

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Re: cryptocurrency trading volume is likely fake
« Reply #58 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.
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Re: cryptocurrency trading volume is likely fake
« Reply #59 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.
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