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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.
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 P2pb2bCoinsbitDobitrade
Up to 86% of total reported cryptocurrency trading volume is likely fake, according to analysis of exchange website visitsThe 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 periodThe 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 visitsThe 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 OKExOn 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 trafficOver 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 exchangesAbout 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 oversightBitwise 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’shttps://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/