95% fake volume :)

[whirlcoin]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

I think it is because of fraud people doing and cheating the new people very easily but you need to be careful when we are enter into this field very newly and choosing the investment and trading but if we clear about what we are doing it will be really easy to find out which is the fake.

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[Nevsky]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

[Jating]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

[Nevsky]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

[joseph32]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.

[gentlemand]

It is surprising that only 10 top exchanges have real volume.

No it isn't. There's a long history of this starting with Gox and it hasn't let up. I don't understand what the 100% fake places hope to achieve but they don't appear to be interested in giving up and buggering off.

I still don't get the relentless Binance fawning. People are far too confident in a platform that's only a couple of years old, ignores the laws of multiple jurisdictions, is not regulated and keeps the location of its servers a secret.

[joseph32]

If someone wants it to be more regulated, Kraken is the way to go. But regulation also means you cant do less under the hood

[Nevsky]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.

Yes, I also liked Bittrex and Poloniex. But they unfortunately lost their leading position in terms of volumes. Binance like a magnet, dragged almost all Bitcoins.

[aditasetia123]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.

Yes, I also liked Bittrex and Poloniex. But they unfortunately lost their leading position in terms of volumes. Binance like a magnet, dragged almost all Bitcoins.

binance was supported from korean trader, as we know korean was most impressive community at this moment.they massively investing in cryptocurrency.and most of investors trust with korean projects.

[spadormie]

All I know in faking volume on each coin is the coinmarketcap.com. This is why I avoid using CMC by the time I knew it is faking volumes. But, whenever I want to sell an alt I think it is a good list to see where the coin is listed.

[3x2]

If someone wants it to be more regulated, Kraken is the way to go. But regulation also means you cant do less under the hood

Kraken is good, but it has a hell lot of formalities. I prefer kucoin as it is a new exchange than kraken and it supports various operation which kraken dont offer. There is also st tier where you actually do not need any kyc and can withdraw a moderate amount of money.

[ajaymukund]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

Exchanges are always fake volumes to increase traders' excitement. If they do not do so, their exchange will be very boring and traders will be afraid that they will not be able to trade there and they will be delayed in trading. Anyway, that is the tradition of exchanges and everything still works quite well.

[Nevsky]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

Yes, Binance is one of the better big players and my recommendation to everyone.

Yes, I also liked Bittrex and Poloniex. But they unfortunately lost their leading position in terms of volumes. Binance like a magnet, dragged almost all Bitcoins.

binance was supported from korean trader, as we know korean was most impressive community at this moment.they massively investing in cryptocurrency.and most of investors trust with korean projects.

Yes, I heard, Chinese investors are also enough. Maybe because the main volume is focused on Binance. OKEx in the lead also. https://coinmarketcap.com/rankings/exchanges/

[vixcious]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

I've seen this article for a long time and every year there are articles about the fake volume of exchanges.
This is a bad action and it really does not cause a positive impact for traders. but we must also know that our crypto market still has a small market capitalization and we cannot demand high liquidity.

[ShooterXD]

https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-it

this shows the real image of BTC.

I've seen this article for a long time and every year there are articles about the fake volume of exchanges.
This is a bad action and it really does not cause a positive impact for traders. but we must also know that our crypto market still has a small market capitalization and we cannot demand high liquidity.

I think a good trader dont need to take a look at volume graph in these sites!
He will take a look at last transactions before choose the exchange to operate. But, everyone who trade for some time know exactly all the good exchanges!
Traders just search for a new one when have a new token/altcoin

[bigmelons25]

I really don't believe that 95% of volume is fake, sounds like another FUD price from the bankers.  Good exchanges don't have to fake volume because they are able to bring in new customers organically.  I'm sure there are some shady ones but the same thing goes for real world business.

[vindermarch]

It is surprising that only 10 exchange platforms have real volume. I have used Binance and Bittrex for me both are the best exchange platforms.

[gentlemand]

I really don't believe that 95% of volume is fake, sounds like another FUD price from the bankers.  Good exchanges don't have to fake volume because they are able to bring in new customers organically.  I'm sure there are some shady ones but the same thing goes for real world business.

I totally believe it.

Crypto's motto is basically fake it till you make it and that's what they're all trying to do. I've looked at some of the 'biggest' exchanges out there, not that I'd ever heard of most of them before, and the fakery is right there in their entirely fictional order books.

It takes years to build the volumes that the legit ish exchanges have managed. Some piece of shit from nowhere does not instantly out gun them by 10 or 20x within a couple of months of existing. Real users are conservative.

[Jating]

For me personally, it is not a secret for a long time that the volumes on exchanges are in general drawn. This can be seen primarily on real live orders in the order book.

Yes it's no secret but at least we have reports now to validate what we have known in the past. Although we have seen this happened in 2017 when PBoC suddenly put a stop on some Chinese exchange for pulling such act before.

But as the market matures, and reports coming in, we as investors are now aware that it was indeed happening so we need to watch what trading exchanges are we going to used so that we all know that volumes are not fake and you are not in the position to be one of the victims of this fraudulent act.

To choose a more honest exchange you need to look at the real volume and the presence of a large number of users. I think that Binance is the most active in this regard, although he also draws fake volumes. In fact, the cryptocurrency is very weak and very few people are interested, especially after a half-year fall.

That's what you call cycle, but I couldn't call crypto weak just because the price is going down or if we are in a bear market. As I have said, it works on cycle, if you don't like to trade in bearish trend so obviously you step out. But there are investors or speculators who are still here making money even if we are in a bearish cycle.

But there are other options besides Binance, although it was gain quite a reputable in the crypto sphere. But if people are not comfortable then they can go and trade on other exchanges as well.

[Whosdaddy]

It is surprising that only 10 top exchanges have real volume. I am using binance for trade dan that is the best exchange platform ever been. I have used digifinex but their volume is fake and so many bots.

Binance is still the best for now, although I don’t know about their beginning, they must have practiced this hype method too at the beginning before they grew big and corrected it.

I am not surprised that we have only 10 exchanges with true volume, because we investors and users only support those exchanges with high volume, and if we keep tending towards high volume all the times, we will not be able to give chance for the upcoming exchanges to rise. I guess this is why most of these exchanges with fake volume do what they do, if not, what do they stand to gain doing it?