Post
Topic
Board Altcoin Discussion
Re: Exchanges are not recommended.
by
rosezionjohn
on 22/07/2019, 10:54:06 UTC
reporting fake volumes doesn't deceit either traders nor the coin owners! fake volumes is just a technique the exchanges use to stay on top of the ranking and attempt at competing with each other.
besides, they all do that. nobody is monitoring them and their reported volumes so they can do whatever they like and there is no damage done so nobody cares.
It is still deceiving no matter if most of them are doing it. What is the goal of doing that? To attract traders and fatten their pockets from the trading fees because they know traders go to exchanges with higher volumes.