Bitcoin Forum

Economy => Trading Discussion => Topic started by: FXTradingPro on September 04, 2019, 08:36:29 PM



Title: Crypto Exchange Review Site TopCoinMarkets.com
Post by: FXTradingPro on September 04, 2019, 08:36:29 PM
There is a new crypto review site that has over 240 crypto exchanges.

topcoinmarkets.com (http://topcoinmarkets.com)


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: Slow death on September 04, 2019, 09:19:18 PM
why did you put binance in third place?

Why in your binance analysis did you do pros and cons analysis, and in the first two exchanges you didn't do pros and cons analysis?

What are the criteria you used to determine the position of each exchange?


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: Bttzed03 on September 05, 2019, 04:18:21 AM
What are the criteria you used to determine the position of each exchange?
I would like to know this as well.

Any chance that the site creator got some sort of incentive for putting some of the exchanges in the first page? and for giving high ratings?  


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: GreatArkansas on September 05, 2019, 05:17:51 AM
What are the criteria you used to determine the position of each exchange?
I would like to know this as well.
I think it is based on 30D volume of particular exchange, try to look at the volume, which bithumb is currently around $28 207 647 190 for the 30days.
And the second placed exchange is bitmex which is around 21billion total volume for 30days.

I am still confused why some crypto exchange review sites are really different just like on coinmarketcap: https://coinmarketcap.com/rankings/exchanges/reported/
which currently BitMax is the first placed but in the site given by the OP, Bithumb is the rank 1.


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: Bttzed03 on September 05, 2019, 05:57:40 AM
What are the criteria you used to determine the position of each exchange?
I would like to know this as well.
I think it is based on 30D volume of particular exchange, try to look at the volume, which bithumb is currently around $28 207 647 190 for the 30days.
And the second placed exchange is bitmex which is around 21billion total volume for 30days.
Looks like it. Thanks.


I am still confused why some crypto exchange review sites are really different just like on coinmarketcap: https://coinmarketcap.com/rankings/exchanges/reported/
which currently BitMax is the first placed but in the site given by the OP, Bithumb is the rank 1.
Each have their own metrics. A lot of traders don't find the volume reported on CMC as reliable and this probably opened a room for other sites to have their own computation.

This site has a crazier 30D volume for Bitmax  ;D https://nomics.com/exchanges?interval=30d


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: befriendmywater on September 05, 2019, 06:45:13 AM
I have some questions. Why are IDAX and Coineal rated 5 stars while Okex has only 3 stars?
Are the reviews made by web visitors or will the site team make the reviews?
I really don't understand what the site is reviewing about, while Okex has always had a huge impact compared to IDAX and Coineal.


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: sana54210 on September 06, 2019, 06:39:36 PM
why did you put binance in third place?

Why in your binance analysis did you do pros and cons analysis, and in the first two exchanges you didn't do pros and cons analysis?

What are the criteria you used to determine the position of each exchange?
I am already discouraged about the list when I saw what came up first and I see that the op is just trying to use sense for us by promoting that first exchange that you see because it is such an unknown exchange and the exchange that would have actually com first is Binance exchange and then followed by Bittrex, and moreover, I never knew that we have up to that amount of exchanges that is serving us in this cryptocurrency market.

Bittrex is another exchange that would have come second and there are series of exchange that I know who should have made the list. My personal believe is even that we dint have more than 10 exchanges that can be classified as top exchanges, every other exchanges are really child's play and they are just thee to fake volume.


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: Renampun on September 06, 2019, 08:19:51 PM
I really appreciate the results of the review from TopCoinMarkets.com, but it looks like they have to keep changing the ranking because changes are very fast and this is the ranking today based on Coinmarketcap.com.

https://i.imgur.com/UYPf76q.png

https://i.imgur.com/5iIiYH7.png
https://coinmarketcap.com/rankings/exchanges/


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: jhonjhon on September 07, 2019, 10:36:45 PM
I really appreciate the results of the review from TopCoinMarkets.com, but it looks like they have to keep changing the ranking because changes are very fast and this is the ranking today based on Coinmarketcap.com.

https://i.imgur.com/UYPf76q.png

https://i.imgur.com/5iIiYH7.png
https://coinmarketcap.com/rankings/exchanges/
I believe it was change base on everyday trading volume and not even Binance rank 1...

A lot of not known market exchanges doing well and even surpassing big exchanges. The competition fever is very strong and not just being popular will gains a massive number of traders but also small market players.


Title: Re: Crypto Exchange Review Site TopCoinMarkets.com
Post by: indexprotocol on September 12, 2019, 04:38:55 PM
Nice project!

Lots of questions, but first: what's you mean at "Crypto Options exchanges"? Trading options (finance derivative?) For example, first exchange, Bithumb, i cant find options desk.