Why is HitBit volume so high?? Is it fake?
A lot of HitBtc volume is certainly fake. Anyone who has traded on there (as I have and I speak from personal experience) can confirm this. It's quite obvious.
EDIT: Here is a post with many links documenting the fake HitBtc volume and other issues with that exchange:
Thanks for the heads up!!!
If I were the Dev of XDN, I certainly would ask to have my coin delisted by Hitbit...looks super scammish to me, based on all those links kindly forwarded to me.
Yes, due diligence in the Alt Coin world reveals so many wondrous things.
Some more food for thought...
I just downloaded a csv of my XDN transactions from HitBTC to look into my history because in all honesty, I have had good results on that exchange trading a total of 112 BTC worth of XDN over 1077 transactions since July 22nd, 2014. That's an average of over three (close to pi) trades every day just from me. I for one do not want XDN delisted from any exchange. By the way, I donated XDN to three different addresses yesterday from what I earned trading.