How real are the volumes in the Crypto exchanges?

Much of the volumes that revolve around large Crypto sites are questionable. Analyzing the internet traffic of the top 100 of the Crytpo trading Sites, Tie considers that 75% of the exchange sites have reported volumes that are double the expectations. Nearly 90% of the stock market is suspicious. Website metrics do not take into account the use of mobile devices and the interface of the site itself.

Tie has reviewed the weighted average volume of users who trade on the leading Crypto sites such as Binance, Coinbase Pro, Gemini, Poloniex, and Kraken - an average of $ 591. 59% of these Cork exchanges reported a volume that is 10 times more than expected. This mostly applies to sites such as BitMax and Lbank.

The US-based Critter Trading site based in Malta - Binance - the largest in the world - reports that the volumes that go through the site are in expectation.

The manipulation of commercial volumes in the Crypto sites is a problem that has long worried traders and regulators. A number of activities could change it and artificially raise volumes, making it look as if there is a tremendous interest in the digital asset.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.

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