Bitcoin Forum

Coinbase volume now above BTC-e & Bitstamp, dont know if thats anything to do with low overall volume or what.

https://i.imgur.com/TAfTMxl.jpg

+ there is no fee

that and it can be something bit is coming we just dont know what?
 

BTC-e was always low volume and Bitstamp has lost people's trust since the hack. If coinbase opened up to none-US citizens it would quickly get even bigger volume, but I guess their insurance might not cover it.

Wow, I expected coinbase's volume to stay below stamps for quite a while, guess not. Do you think it's from a large amount of users creating the volume, or a fewer amount of users but with deeper pocket books? Maybe some big players were waiting for a regulated exchange before putting in large $ amounts?

Coinbase is gaining popularity, it was just a matter of time that their volume is higher than Bitstamp.

As much as I like BTC-E, their orderbook is a huge joke.

I wonder how long it will take before Kraken exchange surpass their volume.

Reasons for that:


-Price is going sideways right now, it's a condition of extremely low volume, might not be a good time to compare volume, would be better to do that during volatile times.
-BTC-E and Bitstamp volumes are not that amazing in general anyway if compared to other exchanges.
-Bitstamp customers lost faith in bitstamp after the hack.
-No fees at Coinbase.


It's not exciting news by any means.

no fees is one factor for increasing volume in coinbase
many trader like no fees policy :D such as chinese exchange who apply it
but trade volume is too low for now
when trade volume increase again, i think btc-e & bitstamp will go up again

Part of me feels like btc-e is slightly antiquated too. The only nifty advancement that they have is their PAMM service, but that just destabilizes and increases the starting floor over time. That means for more people who want to solo trade stateside, other platforms such as coinbase is more ideal.

coinbase 24 hours volume is bigger than stamp and btc-e.

Considering that coinbase is US only, I would not say they are too small

Wall Street starting to play around with some pocket money on Coinbase, maybe... Stamp may still suffer from the hack back in January, I guess it takes some more time to actually re-build the confidence they once had. I think they handled it decently, though.

there are a lot of market maker who are waiting for you

not sure if there are real users trading there now

seems like the traders are still on other platforms, the volume has picked up but coinbase still much the same

With no fees and reputable names backing them. I would feel safer using codebase than any other exchange, and much more than btc-e!

bitstamp and coinbase have the same volume. Both are growing.

Where are the stats from?

https://bitcoinity.org/markets/list?currency=ALL&span=24h

Thanks. It seems to be accurate statistics.

Well, as far as what is presented by the exchanges' APIs, yes.