Quote from: CoinNation on October 31, 2015, 05:13:41 PM

Those volumes are unbelievable. If the Chinese exchanges charge 0.2% trading fee, the exchanges will be very rich.

Basically the volumes should be ignored - they can be faked even if trading fees apply because if the exchange owns the accounts then the trading fees simply go back to the exchange.

Exchanges don't let you inquire about the balances of accounts - so they could create their own accounts and simply credit them back the fees to equal zero fees anyway (the Chinese approach is actually more *honest* as you directly know that the volume can't be trusted).