Interesting comparison of Exchanges Volume and Some Facts
It started with this small info
Shows that everyone from top10 about BiBox who i trade and spoke about joining, dropped in volume mad.
Then more research same and it seems that exchanges that didnt drop much, are mostly API traded and are in China.
From those i use just 3 and i have to admit, loads of times stuff disappeares from books or runs fast. Only BiBox and BitForex i had no big problems trading, others - hit and miss (with more of a miss).
BiBox Markets
Remember that if you buy BIX you buy shares of the exchange and get passive weekly % of their fees.
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Most of the top exchanges are now on top only because of trans-fee rewards incentives. Even those that don't directly offer incentives like Bibox and Binance have their own native coins that offers withdrawl/trading discount.
From what i know, exchanges are popping up left and right and only the most innovative ones gets any real volume. The space is growing fast as heck.
Im aware that @coingecko recently recently released their quarterly report and they did touched on the subject of exchange growth over Q3.
I think it's something useful for someone like you.
true that
I like BiBox and Bix
They still make profit.
May not be the same amount though!
Thanks for sharing!
Good to be in the know !
no problem
Nice list, thanks a lot for this!
I use Binance myself and im satisfied. Moved from Bitmex wich was terribly manipulated. But it is interesting to see that all exchanges has dropped in volume. It means some peopel already used all of their money and waiting and others are waiting for bull run to put money in during that. Noone wants to risk at the end of year if they saw last end of year. But the problem of low volume could be a much more room to manipulate coins.
Why not include cryptobridge here?
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