Re: CMC and Transparency now a joke?

Quote from: Geo11119 on November 12, 2019, 09:35:07 PM

Is this a joke? Bibox is just a pure wash trading exchange. 99% fake volume. How does CMC even consider to add this junk Chinese exchange masked as an Estonian exchange? What a joke from Coinmarketcap. Now they are allowing known wash trading exchanges to join their transparency alliance.

https://bibox.zendesk.com/hc/en-us/articles/360023563874--Report-Bibox-Crypto-Exchange-to-Join-CoinMarketCap-Transparency-Alliance

https://www.reddit.com/r/Bibox/comments/byau2f/alert_is_bibox_stealing_personal_data/
https://www.reddit.com/r/Bibox/comments/c84bnj/bibox_exchange_full_of_bots_manipulating_price/
https://www.reddit.com/r/Bibox/comments/d9ekph/bibox_has_locked_my_account_after_a_profitable/

https://steemit.com/cryptocurrency/@resteemedbot/wash-trading-exchanges-harming-the-industry-bibox-another-culprit

Bibox is not the only exchange that does it
most of the exchanges are faking trades =[

if you want to see the "real" trading volume, go to messari or onchainfx and get your info from there
however i think they have lower volume than the real one, because its really too low
but still better to compare coins with more realistic data