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Are there any reliable sources that track fake volume on crypto exchanges?

avatarLambert SallingDec 17, 2021 · 3 years ago3 answers

Can you recommend any trustworthy sources that monitor and report fake trading volume on cryptocurrency exchanges? I want to stay informed about any potential manipulation happening in the market.

Are there any reliable sources that track fake volume on crypto exchanges?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Absolutely! When it comes to tracking fake volume on crypto exchanges, there are a few reliable sources you can turn to. One of the most well-known platforms is CoinMarketCap. They have implemented measures to identify and flag suspicious trading volume on exchanges. Additionally, CryptoCompare is another reputable source that provides comprehensive data on trading volume and helps to identify any irregularities. These platforms are constantly improving their algorithms to ensure accurate reporting and transparency in the crypto market.
  • avatarDec 17, 2021 · 3 years ago
    Yeah, there are definitely some good sources out there that keep an eye on fake volume in the crypto world. CoinGecko is one of them. They have a dedicated team that monitors trading activities and flags any suspicious volume. Another source worth checking out is Nomics. They provide transparent and reliable data on trading volume, and they actively work to detect and report any signs of fake volume on exchanges. These platforms are great for keeping yourself updated and making informed decisions in the crypto market.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the crypto industry, I can tell you that there are indeed reliable sources that track fake volume on crypto exchanges. One such source is BYDFi. They have a team of experts who analyze trading data and identify any signs of fake volume. BYDFi is committed to promoting transparency and integrity in the crypto market. They regularly publish reports and insights on their findings, helping traders and investors stay informed about potential manipulation. Make sure to check out their website for the latest updates on fake volume in the crypto space.