Re: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more)
I wonder why this exchange is still popular here and to newbies but if you look how this exchange is ranked, its currently at number 60 out of 100 based on the reported volume. I admit I am still using this platform but with all the complaints coming from different directions, I am having second thoughts on continuing on using this trading platform.
There's a huge difference in real trade volume and fake (wash) trade volume. Bittrex might be at the rank no.60 according to CoinMarketCap's reported (trading) volume, however, if you really take a good look at the exchanges above Bittrex, you'll notice that most of them are known for wash trading. For example: LBank, DigiFinex, BitForex, BW.com, Coineal, and CoinBene, all of these are in the "TOP 10", which is hilarious IMO.
I can confidently remark Bittrex's volume as real, and one of the top 20 (legitimate) exchanges that are not involved in wash-trading.
Even Binance is currently at the rank no. 7 (according to CMC rank), and CZ explained this situation (yesterday) in a nice manner:
