Bitcoin Forum

Economy => Service Discussion => Topic started by: formajocoto on May 03, 2017, 04:15:01 PM



Title: Why there isn't Coinbase on CoinMarketCap statistics about Volume?
Post by: formajocoto on May 03, 2017, 04:15:01 PM
I mean in this page they show the list of Exchanges by volume, there is Poloniex first with 200 millions Dollars, the Kraken, etc...

https://coinmarketcap.com/exchanges/volume/24-hour/

But there is not Coinbase datas, why?


Title: Re: Why there isn't Coinbase on CoinMarketCap statistics about Volume?
Post by: AT101ET on May 03, 2017, 06:07:46 PM
There is. It's just not listed as Coinbase.
If you go to number 4 on the list you'll see the trading volume for GDAX.
GDAX is the new Coinbase exchange. That should answer your question :)


Title: Re: Why there isn't Coinbase on CoinMarketCap statistics about Volume?
Post by: formajocoto on May 03, 2017, 09:25:09 PM
There is. It's just not listed as Coinbase.
If you go to number 4 on the list you'll see the trading volume for GDAX.
GDAX is the new Coinbase exchange. That should answer your question :)


thank you for your answer but i am not that sure about what you say.
Coinbase + Gdax should have higher volume than Kraken....


Title: Re: Why there isn't Coinbase on CoinMarketCap statistics about Volume?
Post by: gentlemand on May 03, 2017, 09:37:18 PM
Coinbase and GDAX are the same company of course, but they're also separate markets.

GDAX is an exchange so buyers are meeting sellers. All GDAX is doing is hosting and facilitating it.

With Coinbase you're buying from that company and selling to that company. By that definition it's not an exchange. Still, it's interesting that it's never included in any market statistics but perhaps it's not considered to be an active market. They may also want to keep that info confidential.


Title: Re: Why there isn't Coinbase on CoinMarketCap statistics about Volume?
Post by: formajocoto on May 04, 2017, 02:01:52 PM
Coinbase and GDAX are the same company of course, but they're also separate markets.

GDAX is an exchange so buyers are meeting sellers. All GDAX is doing is hosting and facilitating it.

With Coinbase you're buying from that company and selling to that company. By that definition it's not an exchange. Still, it's interesting that it's never included in any market statistics but perhaps it's not considered to be an active market. They may also want to keep that info confidential.



ok , now i start to understand.
bcause there was something wrong in those statistics...