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Lubruselu

What's the problems with exchanges?

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These exchanges provide fake volumes to coinmarketcap for their own reasons. They basically wash trade various pairs all day in order to look better to the eyes of investors. Still it is really easy to find out if they have trading activity going on and actual liquidity. By the way I've seen wash trading happening in every exchange, it is not something that main exchanges don't do.

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There are various factors that can cause the fault on the exchange performance or the smooth operations.I have seen so many fake exchange sites that eventually turned the scams due to some sort of their own wrong plan and the practices.
 


 

 

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From few days I am facing this problem. If anybody know about the solution of this problem please tell me it will be very helpful for me.

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On 12/6/2019 at 1:57 AM, Lubruselu said:

Guys you know whats the problem of that's exchanges which have huge trading volume and marketcap than binance exchange but they are not in first rank! So what's does it means? are those exchanges not trusted much than binance exchange

as far as I know, when there are markets that are not popular, or new, suddenly have a very large amount of volume, chances are they are manipulated numbers. I've seen 2 exchanges that reach high volume numbers in a short amount of time, and I realize that it's being manipulated.

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On 12/5/2019 at 11:47 PM, halloweed said:

It is said that, Binance is the top cryptocurrency exchange based on its volume, so any other exchange that has much higher volume than binance consider it a fake.

Yes i agreed your account other exchange that has much higher vlume then volume so any other exchange that has good

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On 12/5/2019 at 6:57 PM, Lubruselu said:

Guys you know whats the problem of that's exchanges which have huge trading volume and marketcap than binance exchange but they are not in first rank! So what's does it means? are those exchanges not trusted much than binance exchange

it depends on which rank you are talking about, there are different "top". for example rank based on the volume, rank based on the security, rank based on active daily users, and so on.

so you need to be more specific, because on some ranks binance would be the first and for others not

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Firs of all I think you need to mention what website exchange you are talking about, and I think Binance it is in the marketcap, because Binance invested much in publicity, because I know that there a lot of website exchange on the top with high ranking than Binance.


 

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look most of the exchanges use bots to make fake trading to convince users that they are the most 24 hours volume to attract you to trade there , so you need some experience to discover that by looking deeply to the book trading and may be try with a small amount of money first to test this exchange or search on google first and read people opinions 
i recommend yobit and binance and bittrex for you my friend 

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Kindly mention any specific exchange. There are so many exchanges in market for trading. Every exchange has its own pro's and cons but one problem with most of the exchanges is their security. This is something in which user can never compromise.

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Binance is the number one because it is widely used by many people,and since you didnt mention which exchanger,well maybe the trust rate are poor or it may not be legit.

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I do believe Binance could be the many genuine swaps today since significantly I am aware. additionally, this web sites supply the specific benefit regarding cryptos inside lice industry.

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I don't know which exchange you gives first place but finance is good volume exchange, and so many peoples trust in binance exchange but so many exchange not safe to invest, because in online do many fake exchange available but binance is safe and secure exchange.


 

   

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10 hours ago, sandysoo said:

Every platform whose trading volume is large is considered good, but you have to be careful. There are some platforms that have a fake and not real trading volume in the sense that they use robots to trade in order to increase the volume of trading only and they must invest

Sure there have some scam exchanges which produce the fake volume, example I was seeing on exchange which is scam and it shows its volume in 24hrs is $8 billion p


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I don't know what is the problem with this exchanges but I guess that volume is not the most important thing in order to be in the top of the market. You need to have multiple features and advantages 

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Yes it's a big question but the ranks of the exchanges depends upon the reviews and their responses from its users and also there is some internal rules and regulations which decides the ranks of the exchanges but it's not the issue according to me yobit and binance are the good exchange which can be preferred frequently.

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I heard about that there are some exchange that having fake volume and I do not know about that because I think there is a basis to be on top.


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The common problem in an exchange is some kind of technical issues and sometimes their security is being breach by hackers. So if you wanna use an exhange look for the top ranker exchange.

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Because some new exchange showing fake volume binace world number one exchange and my favorite because binace safe and secured exchange and very popular exchange.

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Exchanges are the best place to trade. Without them no cryptocurrencies conversion. They even make it possible to convert coins to another one wallets. 

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exchange problem due to change of bitocin price now a days bitcoin is not stable this is the main reason for problem in exchange,and due to market place and traders 

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There are many fake and scam exchange sites out there scamming people by providing attractable exchanges with law fees and when you deposit to their wallet you will be provided they will scam you and not send you the crypto exchange you requested for be vigilante and always do some research on that exchange you want to use.

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several exchanges sites are available but I always prefer yobit wallet for my exchanges but nowadays it also have problems with exchange . we are unable to transfer our stoshis into btc wallet

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Friends, whatever the reason, it may be due to a technical problem so that one of its members faces a loss, but it can still be resolved correctly, such as reliable customer service support, such as Binance...

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On 12/6/2019 at 1:57 AM, Lubruselu said:

Guys you know whats the problem of that's exchanges which have huge trading volume and marketcap than binance exchange but they are not in first rank! So what's does it means? are those exchanges not trusted much than binance exchange

I cannot deny that most of the exchange nowadays are hard to give our trust so easily. Because some are very suspicious, just like you need to submit kyc first because you cannot do any trade without submitting it first, unlike on kucoin or binance even you won't submit kyc you can still able to begin to trade using that platforms.


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6 hours ago, fila said:

I do think that some exchanges have a huge amount of trading volume up against the stable coins like Tether which then stocks up their total volume big time when that happens.

Everyone has their strengths in trading. good at reading moments and seeing market movements in detail will help the phrase analysis.

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