Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: What % volume is just traders?
by
avikz
on 06/02/2019, 18:06:46 UTC
⭐ Merited by LFC_Bitcoin (1)
What good is being #1 by volume if it is just people trading on exchanges?  By that I mean buying and selling other coins.

Trading involves both buying and selling. So if someone is selling, there is someone else who is buying as well. That notifies an active currency which is in demand. So being # 1 by volume is great thing for a currency. It means the currency is well circulated within the crypto ecosystem.