fake volumes with wash trades

By Snow Under Sun | SnowUnderSun | 10 Aug 2019

We always look CoinMarketCap , CoinGecko and other sites for check exchanges and cryptos volumes.

They show traded volume.

how real the trading volume ?

According to the Blockchain Transparency Institute, massive wash trade in market.

many bot trades and many sell your order to your buy order.

What are the real volumes ?

1- EXCHANGES

17 of the CMC Top 25 exchanges to be over 99%+ fake with many greater than 99.5% fake volumes, including 35 of the top 50 adjusted volume rankings.

These exchanges have been completely discounted from appearing on our new site and rankings tables.

Over 60% of all exchanges ranked on popular data sites have little to no volume and were found to be over 96% fake each.

2 - CRYPTO CURRENCIES

similar situation in crypto currency basis.

here is the short list of top coins and their wash trade.

you can reach entire list at here .

easy to sort in that list.

It is very good study from Blockchain Transparency Institute.

useful data for know real market dynamics.

Cryptocurrency Crypto Trading Exchange Fake Trading Volumes

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Snow Under Sun

A westerner in Thailand. Previously,13 years Sales Executive in a Forbes 500 company and 6 years HR executive in a multinational company. Crypto trader since 2015.

SnowUnderSun

A westerner in Thailand. Crypto trader since 2015. Previously Sales Executive in a forbes 500 company.

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