Liquidity rating makes lotta sense

[yangongear]

But what about recently listed crypto like CanyaCoin CAN, now trading on binance dex, it has very low liquidity https://www.binance.org/en/trade/CAN-677_BNB

Binance DEX like other DEX such as Etherdelta or Forkdelta, totally decentralized and different with Binance CEX. They don't use bot or have market makers, that's why its trading volume is very low like other DEX.

[volport]

What I would say here - nothing depends on one components only. What basically makes sense - complex approach towards token and solution analysis. And I am sure that only such strategy leads to right decisions, while choosing the token

[govorrue]

What I would say here - nothing depends on one components only. What basically makes sense - complex approach towards token and solution analysis. And I am sure that only such strategy leads to right decisions, while choosing the token

Hello there. You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else

[volport]

Hello there. You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else

Very rational. I am adding innovations, roadmap, team experience and milestones - formula for a great platform. By the way, are you having any that fully meet your requirements? Many such?

[govorrue]

Very rational. I am adding innovations, roadmap, team experience and milestones - formula for a great platform. By the way, are you having any that fully meet your requirements? Many such?

Oh, good question. Nope, I cannot say that there are many - only 2 or 3 most interesting ones. But to be honest, the most advanced solution (and my latest discovery at the same time) is MorCrypto Exchange. What I am really impressed with here - entirely new and innovative approach. In few words, MorCrypto is a cryptocurrency trading exchange of high level. And team is also working at building a cryptocurrency e-commerce platform, a professional sports gaming app and a cryptocurrency mining farm powered by their base coin MOR. So entire ecosystem, you know. I recommend you to have a closer look at the Website, to start with, cause the platform is in pretty high demand and having high ratings. Just Google them

[volport]

Oh, good question. Nope, I cannot say that there are many - only 2 or 3 most interesting ones. But to be honest, the most advanced solution (and my latest discovery at the same time) is MorCrypto Exchange. What I am really impressed with here - entirely new and innovative approach. In few words, MorCrypto is a cryptocurrency trading exchange of high level. And team is also working at building a cryptocurrency e-commerce platform, a professional sports gaming app and a cryptocurrency mining farm powered by their base coin MOR. So entire ecosystem, you know. I recommend you to have a closer look at the Website, to start with, cause the platform is in pretty high demand and having high ratings. Just Google them

More than impressing, thank you very much for your recommendation here. I will have a closer look at what solutions stays for and get back with own thoughts afterwards. But you know, it seems that I have already heard of MorCrypto from someone. So far so good, again

[OneCoinMan]

I believe that this feature is very useful, since sites that are analogous to coinmarketcap have the same ratings, but since these sites are not very popular, I can’t trust them as much as coinmarketcap, now, before making a deposit, I constantly check the real volumes . But just recently, I did not understand why, for some coins, the binance exchange lags behind other less popular exchanges. Now I am armed with this information! )

[Shepard777]

I believe that this feature is very useful, since sites that are analogous to coinmarketcap have the same ratings, but since these sites are not very popular, I can’t trust them as much as coinmarketcap, now, before making a deposit, I constantly check the real volumes . But just recently, I did not understand why, for some coins, the binance exchange lags behind other less popular exchanges. Now I am armed with this information! )

Man, I think you don’t have to be critical. Sites that are analogous to coinmarketcap are even better in most cases. I think that just everyone is already used to it and do not notice more worthy competitors, perhaps you are right about the rating of real volumes, but at the expense of everything else, you should think and maybe you will find a more worthy replacement among the heap of rubbish.

[huu78]

Should projects like them immediately be handled so that the trader does not get stuck on their fake volume and suffered losses there.
Liquidity is indeed tempting because trades are done short and make a quick profit but if there are still projects like those that make a fake ready volume we will get a loss.

[setialovers]

Thanks to coinmarketcap for taking the huge step of rating crypto exchanges based on liquidity, now atleast i will some developers will start picking exchanges to list their token based on liquidity ratings, if you check the link down below

https://coinmarketcap.com/rankings/exchanges/liquidity/?utm_source=coinmarketcap&utm_content=alert

You will see that exchanges like idax, p2pb2b and bitforex are way down on the ranking list compare to when exchanges are been rated with volumes, well exchanges with fake volumes can't have liquidity because they aren't real, now its left for developers, project teams to be smart

By knowing the data about real liquidity in the exchanger, we can make the right decision where a good place to trade. Liquidity in trading is essential and I think with the ranking of liquidity exchangers, investors will better understand exchangers who have a good reputation

[sikke]

Yeah for sure. It's definitely a better reformed way of measuring which exchanges are the best and which exchanges are worse, while filtering out the exchanges which have pumped up volumes due to wash trading or other unscrupulous methods.

However, i've seen articles that essentially abuse these statistics and take them out of context to say "oh, BTC markets have a shockingly low total liquidity".

But that is purely a misconception. Liquidity of the orderbooks does not represent how much money is willing and able to demand BTC at this very moment, which should be the definition for liquidity.

[leowonderful]

There's still a ton of exchanges on that list near the top that likely manipulate their trading volume like MXC, Coinex and P2PB2B, and it's certainly possible in the future that exchanges could even start faking orderbook depth, though it's at least something new and perhaps harder for 'em to fake than just volume.

I also hope alt devs are considering more than just liquidity or volume as a deciding factor for which exchanges their coins and tokens are listed on; there's plenty of reputable altcoin exchanges out there that aren't listed on this list of exchanges by liquidity, and a number of the exchanges are somewhat questionable in their reputability too.

[starblocks]

This is another metric which is important to take into account if you are a developer seeking an exchange to list your coin or token on, but also ensure it has a good reputation and negotiate the listing fee as some can be very unreasonable depending on market conditions