Real exchange volume vs cmc data

[avonka]

That is a huge discrepancy. Many exchanges creates fake volume and investors should be aware of, that some projects are a big bubble and it is  not safe investing in them.

[Lpim01]

That is a huge discrepancy. Many exchanges creates fake volume and investors should be aware of, that some projects are a big bubble and it is  not safe investing in them.

That is a common thing happen today and maybe since before that CMC prices is a little bit different with in the exchanges cause of its changes happens all the time. It sometimes we question of its market volume and some exchanges used this to fool traders and investors, that is why we should to be more vigilant and never buy those coins when we suspected fake volumes.

[novusordo]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

I read a publication that most of these exchanges inflate their trade volumes which reflects on coinmarketcap. They use the trick to attract investors for listing. You can read the full article here;
https://cafe4apps.net/most-bitcoin-trading-faked-by-unregulated-exchanges-study-finds/

[Kiweikoo]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

I don't think the fake data is coming from CMC but rather it is coming from the exchange itself this is why it is very hard to tell which data is real and which is not real.

What cmc does is that they take the average volume of all exchanges based on the api access given by the exchanges to cmc, this is why when you see a manipulation from cmc it doesn't mean that cmc manipulated the market, it just mean that one of the exchange listed in cmc has been manipulated.

[IVEXO]

I think this situation isn’t worth an. Hassle or argument
When you get certain percentages increase or decrease on coinmarketcap

Just go to the exchange platform and verify all

[mrdeposit]

I already saw some topics about cmc fake volume. But are the exchanges in the CMC's list the same as those calculated by the OMC? The difference is too big.

[avonka]

Many projects are using bots for creating artificial liquidity for their coins. Exchanges are also generating fake volume to be more attractive to  their customers. Long term, this bubble will burst.

[magicrypto]

Enyone surprised because of that? I think that feature(i mean washtrading) was launched from the beginning of cryptocurrency exchanges, they just compete each other and it is normal in that industry.. Volume, hype, a place under the sun - its just a business imho.

[makerst]

Interesting questions that are really very interesting to understand. I think that all this is exclusively abstract data, because there are very interesting situations when prices just fall, then capitalization on these resources falls. Everything here is very fragile.

[fosco333]

Wash trade is out of hand
https://openmarketcap.com/exchanges/difference

It is not new that the exchange can manipulate the volumes on their exchange with bot trading.
how did you get the real volume ? did you just calculate the volume only from trusted exchanges ?

[ginobitcoiner]

I believe in the volume calculated by the exchanger, that is the actual data. circulation that occurs on the exchanger and is calculated in realtime

[akristofor]

There is a good alternative to coinmarketcap https://cmc.io/
I like this platform more

[ethereumhunter]

Actually, I don't feel annoying with the real or fake volume data between the exchanges because I only see what I watch on the exchange, one by one. But CMC or OMC could be our guide to determine the next trend or whatever information we want to search with that website. Maybe many people can say that one website has a fake volume data and it's not worth to follow, but if you compare with the other site, then you might get the same data. So for me, as long as I can see what is happening in the market, I don't need to take a look at the CMC or OMC because by watching on the market, we can get the real data or information.

[matej451]

I found CMC volume info is pumped. I think the reason is some exchanges with fake volume is listed there. Real volume must be half of this for sure.

[airdropan]

That volume on cmc is real update or not?
fake volume can make exchange market on the top list market caps
thats like free advertisement for them . so no wonder why many exchange manipulate the volume

[Nivelir]

Here it is necessary to understand that there are very unstable data that directly depend on many factors on the market. I think that many people here already understand that when prices fall, total capitalization falls very quickly.

[raven7886]

I believe in the volume calculated by the exchanger, that is the actual data. circulation that occurs on the exchanger and is calculated in realtime

So are you saying you don’t believe that exchanges do manipulate their volume when it is all over the media with facts and proof that they do so, which is very wrong, I know they do so to attract more users to their platform since nobody wants to associate with exchanges that has low volumes of trade.

But, there should be a limit to everything, once they have got the number of users and volume they want, they ought to have desist from the practice and reverse back to the normal way before everyone gets exposed to their practices. Exchanges do manipulate dear and it’s the fact.

[Wildwest]

right, the site is not included in detail the results of comparison between exchanges. There is only the result of the volume of the coin.
It could be that the two platforms have different amounts of exchange comparison, resulting in a considerable difference

[ðºÞæ]

That volume on cmc is real update or not?
fake volume can make exchange market on the top list market caps
thats like free advertisement for them . so no wonder why many exchange manipulate the volume

Its real updating  wash trades, (fake data)

[ultrloa]

I believe in the volume calculated by the exchanger, that is the actual data. circulation that occurs on the exchanger and is calculated in realtime

So are you saying you don’t believe that exchanges do manipulate their volume when it is all over the media with facts and proof that they do so, which is very wrong, I know they do so to attract more users to their platform since nobody wants to associate with exchanges that has low volumes of trade.

But, there should be a limit to everything, once they have got the number of users and volume they want, they ought to have desist from the practice and reverse back to the normal way before everyone gets exposed to their practices. Exchanges do manipulate dear and it’s the fact.

Truly it's the fact mate since if you visit the exchange site listed as huge volume in CMC you will find out that they are not real and  I actually notice so many of them and they do that just to boost up there rankings and make there exchanges believable so that people will go and find them good. And for this manipulation happening we should be more aware and careful so that we will not stock up on make a wrong decision upon  trading so always put in our minds that trade only on big exchange not in the new one who came up big on its data's.