95% fake volume :)

[guoyu78]

There are lot of exchanges and altcoins that has a fake volume it says there that many of ico's and their coins list on exchanges with fake volumes.

Most probably, it's hard to trust small exchanges at the current status of the market.
Scams are happening everywhere, hence, being here is very risky for our finances, and we should be smart in dealing with it to avoid loses.

Volume manipulation should be a crime, but until no regulation will implemented in the market, that will remain as a normal thing.
Small exchanges knows they have to compete as majority of the traders are trusting the high volume exchanges and therefore they do a dirty strategy to attract traders.

What is killing some exchanges is lack of patient, they rush into releasing their exchange thinking it will be that easy to operate and then they end up not getting volume which forms the base of how people select what exchange to trade on.

I was on a thread this morning where I read 2 comment of users planning to create their own exchange, and I was like, exchange has now become a thing for cat and dogs, even inexperienced secondary school child now wants to create an exchange just to make money from the listen fee, this might be another form of scam and the people they will be scamming more this time are developers that falls victim.

[1714830753]

1714830753

[1714830753]

1714830753

[1714830753]

1714830753

[1714830753]

1714830753

[1714830753]

1714830753

[wxa7115]

There are lot of exchanges and altcoins that has a fake volume it says there that many of ico's and their coins list on exchanges with fake volumes.

Most probably, it's hard to trust small exchanges at the current status of the market.
Scams are happening everywhere, hence, being here is very risky for our finances, and we should be smart in dealing with it to avoid loses.

Volume manipulation should be a crime, but until no regulation will implemented in the market, that will remain as a normal thing.
Small exchanges knows they have to compete as majority of the traders are trusting the high volume exchanges and therefore they do a dirty strategy to attract traders.

What is killing some exchanges is lack of patient, they rush into releasing their exchange thinking it will be that easy to operate and then they end up not getting volume which forms the base of how people select what exchange to trade on.

I was on a thread this morning where I read 2 comment of users planning to create their own exchange, and I was like, exchange has now become a thing for cat and dogs, even inexperienced secondary school child now wants to create an exchange just to make money from the listen fee, this might be another form of scam and the people they will be scamming more this time are developers that falls victim.

That is just the way it is, having a successful exchange can make you rich very quickly so everyone is looking at the potential profits they can get and they want some of that not realizing that we are saturated with exchanges and that only those at the top get those profits while every other exchange is just surviving, also developing an exchange takes a huge deal of money and it is not something that you can attempt if you barely know how to code because as we know hackers are always looking for an easy victim and those exchanges are perfect for them.

So most likely those users you saw thinking about building their own exchange do not really have an idea of how difficult it is to create their exchange and to get people to use it.

[stomachgrowls]

There are lot of exchanges and altcoins that has a fake volume it says there that many of ico's and their coins list on exchanges with fake volumes.

Most probably, it's hard to trust small exchanges at the current status of the market.
Scams are happening everywhere, hence, being here is very risky for our finances, and we should be smart in dealing with it to avoid loses.

Volume manipulation should be a crime, but until no regulation will implemented in the market, that will remain as a normal thing.
Small exchanges knows they have to compete as majority of the traders are trusting the high volume exchanges and therefore they do a dirty strategy to attract traders.

What is killing some exchanges is lack of patient, they rush into releasing their exchange thinking it will be that easy to operate and then they end up not getting volume which forms the base of how people select what exchange to trade on.

I was on a thread this morning where I read 2 comment of users planning to create their own exchange, and I was like, exchange has now become a thing for cat and dogs, even inexperienced secondary school child now wants to create an exchange just to make money from the listen fee, this might be another form of scam and the people they will be scamming more this time are developers that falls victim.

That is just the way it is, having a successful exchange can make you rich very quickly so everyone is looking at the potential profits they can get and they want some of that not realizing that we are saturated with exchanges and that only those at the top get those profits while every other exchange is just surviving, also developing an exchange takes a huge deal of money and it is not something that you can attempt if you barely know how to code because as we know hackers are always looking for an easy victim and those exchanges are perfect for them.

So most likely those users you saw thinking about building their own exchange do not really have an idea of how difficult it is to create their exchange and to get people to use it.

They do really make this thing to be ICO-like where people do see that they can make easy money then they do tend to follow and the entire
market been flooded out by shitty projects which same goes with this exchange thing where it is already saturated and why would really need more?
I would like to say that 4-5 exchangers would really be enough but people do see it as a honeypot where money making is easy and just take a look on
Binance we have seen on how it do start from unknown until becoming on the top.Building and handling an exchange wont be an easy thing
and for these stats/volume manipulation im aint surprised actually.

[Lanuf]

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.

I dare to assure you that not only digifinex has fake volumes, but also the top 10 best exchanges most likely selected by you, too. These are the features of this sphere. We can’t even check and find out the true numbers. Only exchange owners know the real volume. If you have proofs with digifinex fake volume and bots, then you can write a review about it here https://revain.org/exchanges/digifinex. Or about any other 10 top exchange. It is good to say your assumptions, but it is better to back them up with proofs.

[ecnalubma]

A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.

[Chainsmokers]

There are lot of exchanges and altcoins that has a fake volume it says there that many of ico's and their coins list on exchanges with fake volumes.

Most probably, it's hard to trust small exchanges at the current status of the market.
Scams are happening everywhere, hence, being here is very risky for our finances, and we should be smart in dealing with it to avoid loses.

Volume manipulation should be a crime, but until no regulation will implemented in the market, that will remain as a normal thing.
Small exchanges knows they have to compete as majority of the traders are trusting the high volume exchanges and therefore they do a dirty strategy to attract traders.

What is killing some exchanges is lack of patient, they rush into releasing their exchange thinking it will be that easy to operate and then they end up not getting volume which forms the base of how people select what exchange to trade on.

I was on a thread this morning where I read 2 comment of users planning to create their own exchange, and I was like, exchange has now become a thing for cat and dogs, even inexperienced secondary school child now wants to create an exchange just to make money from the listen fee, this might be another form of scam and the people they will be scamming more this time are developers that falls victim.

Make profits quickly and sometimes commit fraud against users. I sometimes think that news about exchanges that lose users' funds because they are caused by hackers maybe it's just a lie. that's just my opinion, we all don't know what really happened.

[Kupid002]

A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.

That has been happen to me many times,  the price of coin is different but if they notice the big difference the wallet will go offline and you cant deposit to make arbitrage ending up to hold what you bought true other exchange and hoping the price will be the same which is not always happen.

[Freddy11]

This is where and why we must be aware of all the Crypto Stats, as it’s what helps us understand what’s actual facts and figures, it’s just crazy if anyone follows a written by person figures or something that has no proper standing. I will always prefer to go for neutral sources for all these information, since I am quite aware that this is how you are able to spot the right stuff and exactly spot if something wrong is moving on.

[Oilacris]

A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.

That has been happen to me many times,  the price of coin is different but if they notice the big difference the wallet will go offline and you cant deposit to make arbitrage ending up to hold what you bought true other exchange and hoping the price will be the same which is not always happen.

These circumstances do really happen on exchange side where arbitrage opportunities do rarely comes out and when you spot it out then these exchange do really had some shady acts just like that you do mention about locking up their deposit option.

When it comes to fake volumes I'm aint already surprised with these common issues because even top tier exchangers do have issues as well.So get used to it.

[ice098]

I don't trust exchanges anymore except binance in terms of volume, they alwayd shows fake volume, one time I trade in one exchange then I am seeing different orders in the history that are not in the list. I think they doing just to gain investors. I only believes in binance list and nothing else follows.

[Natalim]

I don't trust exchanges anymore except binance in terms of volume, they alwayd shows fake volume, one time I trade in one exchange then I am seeing different orders in the history that are not in the list. I think they doing just to gain investors. I only believes in binance list and nothing else follows.

not all small exchanges have fake volumes, only a few exchanges use that strategy and they are usually the aim of a new coin. binance might be a good exchange because of real trading volumes and prices but believe me for small exchanges there are still those who do well in terms of volume

But they are small exchange, even if they are not faking people will still not be attracted using such exchange.
What people are looking especially if they are trading a major coins is the liquidity, which is the biggest problem of small exchange and with lack of liquidity, it will be easy for the whales to take advantage by manipulating the price, which is not good for small exchanges.

[glendall]

I don't trust exchanges anymore except binance in terms of volume, they alwayd shows fake volume, one time I trade in one exchange then I am seeing different orders in the history that are not in the list. I think they doing just to gain investors. I only believes in binance list and nothing else follows.

many exchanges use fake volumes to attract investors and traders, I don't know, is actually making fake volumes allowed? because in my opinion this is very detrimental to traders, especially for novice traders who don't know anything yet. but of all exchanges I also agree with you that binance is one of the exchanges that has real volume.

[Wysi]

I don't trust exchanges anymore except binance in terms of volume, they alwayd shows fake volume, one time I trade in one exchange then I am seeing different orders in the history that are not in the list. I think they doing just to gain investors. I only believes in binance list and nothing else follows.

many exchanges use fake volumes to attract investors and traders, I don't know, is actually making fake volumes allowed? because in my opinion this is very detrimental to traders, especially for novice traders who don't know anything yet. but of all exchanges I also agree with you that binance is one of the exchanges that has real volume.

That's why I always prefer binance who don't use the dirty trick of bot trading to show fake volumes like coinbene and I have mentioned this exchange named coinbene numerous times because they use too much of bot trading,  they are responsible for downfall of a well planned project named policy pal as the false volume killed the project.

[tungaqhd]

I don't trust exchanges anymore except binance in terms of volume, they alwayd shows fake volume, one time I trade in one exchange then I am seeing different orders in the history that are not in the list. I think they doing just to gain investors. I only believes in binance list and nothing else follows.

many exchanges use fake volumes to attract investors and traders, I don't know, is actually making fake volumes allowed? because in my opinion this is very detrimental to traders, especially for novice traders who don't know anything yet. but of all exchanges I also agree with you that binance is one of the exchanges that has real volume.

That's why I always prefer binance who don't use the dirty trick of bot trading to show fake volumes like coinbene and I have mentioned this exchange named coinbene numerous times because they use too much of bot trading,  they are responsible for downfall of a well planned project named policy pal as the false volume killed the project.

Fake volume is just a plan of small and medium exchanges, they want to increase their credibility and presence in the crypto market, which allows them to receive more income, with big exchanges like binance, it's really unnecessary because for a very simple thing, they have created a steady demand and attraction, what they need to focus on are strategies and advertising, fake volumes will create bad reputations for them. Users should have an overview of the market exchanges, choose the right destination, know what is real and what is fake

[teosanru]

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

this shows the real image of BTC.

Exchange volume on btc is definitely botty but this doesn't means the same isn't the case in real Market scenarios. I mean that no digital exchanges working on buying matching concept can work without bots. But yes in small exchanges even in the DEX we have a lot of bots doing majority of trading. These bots create buy sell walls by filling the order book but I don't think this is any sign of alarm it's normal and these exchanges are useless for trading.

[TelolettOm]

A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.

This is a way for them to attract traders so they want to invest in their exchange or they want to trade on their exchange so that their volume increases. but this method is not appropriate because they manipulate many people and also deceive many people

[Quidat]

I don't trust exchanges anymore except binance in terms of volume, they alwayd shows fake volume, one time I trade in one exchange then I am seeing different orders in the history that are not in the list. I think they doing just to gain investors. I only believes in binance list and nothing else follows.

many exchanges use fake volumes to attract investors and traders, I don't know, is actually making fake volumes allowed? because in my opinion this is very detrimental to traders, especially for novice traders who don't know anything yet. but of all exchanges I also agree with you that binance is one of the exchanges that has real volume.

That's why I always prefer binance who don't use the dirty trick of bot trading to show fake volumes like coinbene and I have mentioned this exchange named coinbene numerous times because they use too much of bot trading,  they are responsible for downfall of a well planned project named policy pal as the false volume killed the project.

Fake volume is just a plan of small and medium exchanges, they want to increase their credibility and presence in the crypto market, which allows them to receive more income, with big exchanges like binance, it's really unnecessary because for a very simple thing, they have created a steady demand and attraction, what they need to focus on are strategies and advertising, fake volumes will create bad reputations for them. Users should have an overview of the market exchanges, choose the right destination, know what is real and what is fake

Thats why considering small or medium exchangers arent really that ideal.Fake volume cant really be only applied with small exchanges and
as said above it can also be seen with big exchangers too. Wash trading or fake volumes are common but only the best ones will remain with the
competition.People arent that blind on whose faking and who do have that organic volume or been mainly supported by the community.

[smyslov]

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

this shows the real image of BTC.

I believe that so when I found two threads that tell us that Vindax and P2Pb2b thay are the number exchange in terms of volume I just knew that these two exchanges are faking their volume, and that article proves us and majority here is right.
These exchanges that faked their volume should not be patronized, these two exchanges have a lot fo bad report in the scam section if they are not honest in their number you won't expect them to be honest with their clients.

[Shasha80]

Now it is no secret that most of the exchanges do fake volumes using trading bots. And it's not just the small and medium
exchanges who have done this dirty trick, but there are some big exchanges involved too. The volume of this volume is in
great demand because many investors and traders are successfully hooked with it This volume is fake, but not all exchanges
do that. There are several exchanges that use real volume, one of them is binance. Therefore I always use binance to trade.

[ringgo96]

A lot of exchanges are doing fake volumes its been an issue for very long time. They can’t really hide their secrets and traders will raise suspicions due to orders are not acting normally. Some of them are having complicity with newly funded projects to pump the price but investors can’t even deposit or trade their tokens on the particular exchange.

This is a way for them to attract traders so they want to invest in their exchange or they want to trade on their exchange so that their volume increases. but this method is not appropriate because they manipulate many people and also deceive many people

I think people today can tell which exchanges are good for trading and which are just fake volumes. all of that can indeed be analyzed to be able to prove it from research to which community they believe to be a trusted exchange