Coinex largest trade volume, who are they?

[cuenzy]

Coinex suddenly jumped to no 1 by volume? what exchange this?
https://www.coingecko.com/en/exchanges/

I think this is also the reason why they divide the exchange into centralized and decentralized section. The bots there and bitforex are now in trend so what's called market maker that comes with the package of some exchange listings.

[1714165522]

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[1714165522]

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[1714165522]

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[1714165522]

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[Vit83]

Coinex suddenly jumped to no 1 by volume? what exchange this?
https://www.coingecko.com/en/exchanges/

I think this is also the reason why they divide the exchange into centralized and decentralized section. The bots there and bitforex are now in trend so what's called market maker that comes with the package of some exchange listings.

A lot of depends on how this bot works. If all volume disappears when you trying to make a trade this is not fair and I trying to avoid such exchanges. 

[dataispower]

Coinex suddenly jumped to no 1 by volume? what exchange this?
https://www.coingecko.com/en/exchanges/

I think this is also the reason why they divide the exchange into centralized and decentralized section. The bots there and bitforex are now in trend so what's called market maker that comes with the package of some exchange listings.

A lot of depends on how this bot works. If all volume disappears when you trying to make a trade this is not fair and I trying to avoid such exchanges. 

It is easy for exchanges to reach the top 1 volume per day. I have seen a lot of spam exchanges reaching the top 1 when they use the bot and make fraudulent trading orders, in fact no one is trading there

[Vit83]

Coinex suddenly jumped to no 1 by volume? what exchange this?
https://www.coingecko.com/en/exchanges/

I think this is also the reason why they divide the exchange into centralized and decentralized section. The bots there and bitforex are now in trend so what's called market maker that comes with the package of some exchange listings.

A lot of depends on how this bot works. If all volume disappears when you trying to make a trade this is not fair and I trying to avoid such exchanges. 

It is easy for exchanges to reach the top 1 volume per day. I have seen a lot of spam exchanges reaching the top 1 when they use the bot and make fraudulent trading orders, in fact no one is trading there

This is for a short period of time.
Such exchanges usually disappear in history. Nobody will move their depo on strange exchange only because of number one volume)

[jacafbiz]

There are alot of suspicious activities going on on most of these new exchanges, since the launch of trade mining it is a very difficult issue to know the amount of volume on these exchanges that are actually real, if I were you I won't trade there until I know my funds are safe on those exchanges

[paramind22]

There are alot of suspicious activities going on on most of these new exchanges, since the launch of trade mining it is a very difficult issue to know the amount of volume on these exchanges that are actually real, if I were you I won't trade there until I know my funds are safe on those exchanges

Often they take for free listings coins that have small teams but are still good coins with honest people.   It's your only bet if you don't currently want to spend the money for the listing fee.  Some will probably build up trust in time.  You can get in and get out, and maybe reward them for listing your coin by doing a some trading there.

[tabas]

I also believe such sudden volumes out of nowhere are almost certainly wash trade, fake volumes generated by bots. But is there a way to be 100% sure of that and to know which % of the traffic is actually for real?

Not only generated by the bots but it can also be the exchange itself. They want to manipulate their own volume and market so they can attract more traders to come to their exchange. But most of the traders now are wise and will not buy on that gimmick though its really happening until now.

Coinex is almost dying, their native coin (CET) is at a state of limbo. This bears season has made a lot of traders wiser and more circumspect. No one is falling for the fictitious acts of these exchanges no more.

That's right, this bear created a good effect through teaching us on how to be wiser. But if its for this exchange and of the same I'll stay away and going to secure my trading experience with a better one.