R9s
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December 22, 2018, 09:08:06 AM |
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I believe that you gave us the right instructions. Most of the time I only want to trade on mainstream exchanges because they are safer.
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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enhu
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December 22, 2018, 09:22:24 AM |
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The article says only 2 out of the 25. “Most of these pairs’ actual volume is under 1% of their reported volume on CMC. We noted only 2 out of the top 25 pairs not to be grossly wash trading their volume, Binance and Bitfinex.” Well its all for the media games though. Even if we believe it or not, nothing will ever change to it, bots are being used to trade by pro who bought trading EA. This includes the arbitrage bots. I think it also happen on other markets like the stock and FOREX.
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amos77978
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December 22, 2018, 09:23:39 AM |
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Including binance, houbi pro and okex exchange are all wash trading.. the most legit exchange volume today up in the crypto space is still bittrex
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thesmallgod
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December 22, 2018, 03:27:59 PM |
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I have noticed this most especially in many of the new trading platforms. probably they are doing that to attract more people to the platform.
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elite070
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www.codex.one
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December 22, 2018, 03:41:46 PM |
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I also heard about those bots that can really control the volume and liquidity of an altcoin. In my opinion, we should choose a good trading platform or exchange in order to be safe about this incidents.
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bootlace
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Justice as a Service Infrastructure
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December 22, 2018, 03:58:13 PM |
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I have noticed this most especially in many of the new trading platforms. probably they are doing that to attract more people to the platform.
Not on the new only. As I saw in the investigation recently it happens on the all big exchanges exclude binance and bitfinex. Watch on the order list. Do you think many orders with 1-2 tokens are real? No doubt it's a bot
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South Park
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December 22, 2018, 04:48:49 PM |
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This is been a known problem for a long time, people are going to choose naturally the exchanges that have the most volume, so exchanges have all the motivation to lie about the money that is moving through their system because they want to be the exchange that has the most volume so they can attract the most clients and to be honest I do not really see a solution to this problem.
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thesmallgod
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December 23, 2018, 08:49:20 AM |
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I have noticed this most especially in many of the new trading platforms. probably they are doing that to attract more people to the platform.
Not on the new only. As I saw in the investigation recently it happens on the all big exchanges exclude binance and bitfinex. Watch on the order list. Do you think many orders with 1-2 tokens are real? No doubt it's a bot This is really sad. even all those exchange that naturally people will think they are very transparent and fair. all this make me even begin to think there maybe more to this in term of shady business these numerous exchanges might be into. money laundering etc.
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changxia
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December 23, 2018, 10:35:40 AM |
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I agree with you that many exchanges use false data to attract traders to join them, but I think there are many real and reliable exchanges, such as Binance.
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asbak66
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Merit: 0
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December 23, 2018, 10:38:49 AM |
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Yeah when I looking for some exchange I figure out a lot of exchange do fake trade and bot. That means their volume is fake and just manipulated by them or by big player. Only little exchange who have fair volume trade and not doing fake trade.
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South Park
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December 26, 2018, 05:50:00 PM |
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This is really sad. even all those exchange that naturally people will think they are very transparent and fair. all this make me even begin to think there maybe more to this in term of shady business these numerous exchanges might be into. money laundering etc.
The amount of regulation in the market of cryptocurrencies is low and it is likely that is going to remain that way for a long time because exchanges are going to try to avoid to establish themselves in countries which have very heavy regulations against them, so while we do not have proof about the wrongdoings of exchanges it is quite likely that some of them are committing some illegal activities.
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