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Author Topic: VinDAX is number 1 exchange on coinmarketcap  (Read 546 times)
Kemarit
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October 13, 2019, 09:56:32 PM
 #21

LOL, what happened though, today it was ranked 22? A few days ago it was the top exchange? It only proves that this is just a shitty exchange and just faking it's volume to look like that it was a look liquidity.

(https://coinmarketcap.com/rankings/exchanges/)

And just to be fair, those exchanges on top is as just shitty as VinDAX so I wouldn't trust them as well. Take for example on the list, BW 79.00%, I mean is that even real?  Grin

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October 13, 2019, 10:27:29 PM
 #22

LOL, what happened though, today it was ranked 22? A few days ago it was the top exchange? It only proves that this is just a shitty exchange and just faking it's volume to look like that it was a look liquidity.

(https://coinmarketcap.com/rankings/exchanges/)

And just to be fair, those exchanges on top is as just shitty as VinDAX so I wouldn't trust them as well. Take for example on the list, BW 79.00%, I mean is that even real?  Grin

All these small exchanges in top spots are just shitty exchanges faking volumes and looking for attention and new users. Nothing more. I remember the time of Coinone, Hotbit etc. To make matters worse, the caliber of coins they have listed on their exchanges are horrible. I don't know Why coinmarketcap.com has an Adjusted volume option when it can't even figiout if the volumes are being faked or washtraded.  It's just a matter of time now, They'll go back to their default position.

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October 14, 2019, 06:11:50 AM
Last edit: October 14, 2019, 09:48:59 AM by ecnalubma
 #23

I only want to know is Vindax safe?
No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if they are pioneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.

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October 14, 2019, 09:32:27 AM
 #24

I only want to know is Vindax safe?
No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if the they are pooneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.
I've just found out currently Vindax exchange is not a top exchange on coinmarket cap. This means it couldn't prove a stable exchange than any other existing one. I already use vindax before and it shows low volume. Indeed, it is a new exchange better we should use good and reputable exchange where we can trade our coins.
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October 14, 2019, 09:33:13 AM
 #25

I only want to know is Vindax safe?
No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if the they are pooneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.
You can still use that exchange even it is centralised check first the review of users of that exchange before using it. but if you have a choice to use top exchange then its much better than newly exchange .  
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October 14, 2019, 10:10:20 AM
 #26

I only want to know is Vindax safe?
No! Centralised exchanges are not safe. If I were you I wouldn’t trust a new exchange though even if the they are pooneers in the space. I only use them for quick trades and get out, there’s no reason for me to store assets there for long IMO.
I've just found out currently Vindax exchange is not a top exchange on coinmarket cap. This means it couldn't prove a stable exchange than any other existing one. I already use vindax before and it shows low volume. Indeed, it is a new exchange better we should use good and reputable exchange where we can trade our coins.
Currently now on 34th rank, I believe all exchanges can do that kind of magic if they wanted too. But to be fair with the exchange they have potential to compete with the top crypto exchanges. Their platform is quiet nice they also have support channels in different languages, just saying.

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October 14, 2019, 10:22:47 AM
 #27

Coinmarketcap is increasingly unnatural when making a Vindax or P2PB2B decision to be a top exchange. I am very disappointed with the two exchanges which in my opinion are the same as a scammer with a lot of garbage IEO done until this moment they are still releasing a new IEO and can finally guess how

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October 14, 2019, 11:16:45 AM
 #28

Lol. What a joke. I don't even know this exchange exists. Does this mean they just overcome their competitors like Binance or Kicking? That's BS man. The analysis is not so accurate. The fee is quite good tho. But I still don't believed it.
I just heard of this exchange from OP but look like a decent exchange if our basis only is the trading volume.
Based on the ranking https://coinmarketcap.com/rankings/exchanges/, they currently ranked at number 35 with $364,602,552 USD trading volume.
If that's a real volume then I must say this is a good exchange since they are listing mostly good coins as well.

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October 14, 2019, 11:33:58 AM
 #29

It is pure manipulation IMO, I don't even thinking it just new exchange because I just heard by now which has defeated binance which I think is more feasible. You must be carefull when using the exchange, don't be fooled by the low fees which was offered.

It would be good just use reputable exchange which clearly be used by many user, at least it will make comfortable when using it although yoh have spend high fees but it will guarantee your money.
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October 14, 2019, 12:05:38 PM
 #30

At this time the rank of Vindax has fallen at number 35. I am surprised by Coinmarketcap which is easy to change the data exchange at the top. only 2 days the position above was replaced again. At present, in my opinion, the reason why this can happen is Coinmarketcap as the publisher of the data,how they can do it and there must also be proof. because some exchanges also fake volume

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October 14, 2019, 12:37:23 PM
 #31

Lol. What a joke. I don't even know this exchange exists. Does this mean they just overcome their competitors like Binance or Kicking? That's BS man. The analysis is not so accurate. The fee is quite good tho. But I still don't believed it.

Is this really true I never used this exchange and so are all my friends checking on coinmarketcap this is what I saw Binance $807,499,946 USD
Vindax $340,415,722 USD, they are not even half of Binance volume am I checking the right stat or he is looking another way, all talks are on Binance I don't know is the report coming, you need to prove your point this is new to us, are you giving us fake news.

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October 14, 2019, 03:08:08 PM
 #32

Maybe they have caught the algorithm API of Coinmarketcap, then they use bot to boost trading volume then Cmc will use that data. Such a strang exchange, with many shit projects launched IEO on Vindax, and absolutely, it's fake data.
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October 14, 2019, 03:18:45 PM
 #33

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?
I already see this exchange but until now I do not use this exchange. Even I already visited this exchange and I see some good feedback about this exchange I still do not have the plan to make an account on this exchange because I already have binance and other trading platforms which is also good exchange. The trusted major exchange does not have any fake volume but I'm sure all new cryptocurrencies exchange always do this activity because in this way they can attract traders.

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October 14, 2019, 03:32:59 PM
 #34

At this time the rank of Vindax has fallen at number 35. I am surprised by Coinmarketcap which is easy to change the data exchange at the top. only 2 days the position above was replaced again. At present, in my opinion, the reason why this can happen is Coinmarketcap as the publisher of the data,how they can do it and there must also be proof. because some exchanges also fake volume
if we see this case, i think coinmarketcap doing manipulation now.its too dangerous for crypto transparacy.cmc be main publisher in crypto market but they provide fake data, i could not imagine if many traders get negative effect from this data.mistakes on cmc team i think, they must provide other methode so this mistakes will not repeated again.

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October 14, 2019, 03:47:24 PM
 #35

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?

Never used them but it looks they have decent volume. But I am not sure if they have good amount of real users. I checked just only one option from their social media accounts. There are no replies from anyone in their recent tweets. Take a look at binance I understand binance is very popular. Take a look at bittrex who has less volume than Vindax. Their tweets always have replies from regular users. why replies matter? It indicates that if some real people using the services of Vindax. Vindax is not even top 20 by visitors where yobit even has more visitors. How could an exchange have so much volume without real users? Easy they are faking volume. Now would you trust an exchange who is faking their volume?

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October 14, 2019, 04:08:53 PM
 #36

Before they are just between the top 50 spot and now they reached the top 1. The fact that they've reached that spot means they have many traders and can be a trusted exchange. Binance should make a move if they want to remain in the top spot. I'll try vindax soon and see if it's better than others.
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October 14, 2019, 04:41:15 PM
 #37

vindaX can beat a number of exchange sites that have been around for a long time, pointing out that the exchange platform is currently in high demand, this can be a very good opportunity for developers who want to build an exchange platform because there might be many interested.
I think you have no good idea regarding in the cryptocurrency exchanges otherwise you are never talking funny thing please make sense. Not only VinDAX others a few exchanges can be beat top ranking because they have fake volumes and too much manipulation and coinmarketcap just catch the fake figure. So don't believe coinmarketcap exchanges ranking. I have seen such type of questions in the different threads. Even i don't think VinDAX is a reputed exchange. I will never use it.            

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October 14, 2019, 06:20:02 PM
 #38

Before they are just between the top 50 spot and now they reached the top 1. The fact that they've reached that spot means they have many traders and can be a trusted exchange. Binance should make a move if they want to remain in the top spot. I'll try vindax soon and see if it's better than others.

You should have researched before making this statement, mate. Binance has developed a lot this year. Their IEO launchpad, Binance DEX, Futures, Binance Academy and so many other developments they did! And VindaX? Another shit exchange with full of fake volume. Nothing special in this exchange platform except some shitty IEOs! VindaX, P2Pb2b, Consbit, Latoken all are the same types of exchange. You should know Exchange ranking manipulation is very much easy in Coimarketcap!

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October 14, 2019, 07:52:09 PM
 #39

You may check the Coingecko's exchange ranking for better understanding, there you will find which exchange is at the top according to the volume. VindaX is not a trustworthy exchange, this is not even average type, rather It's a low-grade exchange.  You are right that most of the exchange has less or high fake volume, but I am very doubtful that is VindaX has 10% real volume? I would not recommend anyone this exchange, because I think this is not trusted enough! Now, the decision is yours!

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October 14, 2019, 08:24:49 PM
 #40

Check cmc exchange vindax is n1, fee is only 0.05, less than any other exchange in the world, dont tell me they have fake vol bcz all exchange in the world have fake vol, binance, biki, kiki, I only want to know is Vindax safe?
We all know it's a fake volume,  so don't do as if you are not aware about it,  by the way,  do you have an account with vindax exchange?  If you've not I guess you need to,  so as to feel the heat that other customers are complaining about. How on earth will vindax be number one exchange with real volumes

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