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What are the main factors that contribute to volume divergence in the cryptocurrency market?

avatarKiran KadamNov 29, 2021 · 3 years ago1 answers

Can you explain in detail the main factors that contribute to volume divergence in the cryptocurrency market? What are the key elements that cause differences in trading volume across different exchanges?

What are the main factors that contribute to volume divergence in the cryptocurrency market?

1 answers

  • avatarNov 29, 2021 · 3 years ago
    At BYDFi, we believe that one of the main factors contributing to volume divergence in the cryptocurrency market is the lack of transparency and regulation. Many exchanges operate in a decentralized and unregulated manner, which can lead to discrepancies in trading volume reporting. This lack of transparency can make it difficult for traders to accurately assess market activity and make informed decisions. We aim to address this issue by providing a transparent and regulated trading environment, ensuring that our reported trading volumes are accurate and reliable.