Coinmarketcap is the real reason why so many new projects devs are misleaded, they go to CMC and pick from the top rated exchanges to list their tokens because CMC gives all bad exchanges good rating, that's very misleading
according to coinmarketcap these are the 3 exchanges with the most volume:
1- Bilaxy
2 - MXC
3 - BitForex
source:
https://coinmarketcap.com/rankings/exchangeswho uses these exchanges?
Maybe now that Binance CZ is about to take over, new projects developers will start making the right decision about those Exchanges
it really starts to see that things are very strange, there are exchanges that I never heard of that are at the top in the coinmarketcap ranking
I don't know much about MXC but bilaxy and bitforex having the best trading volume is a big lie, bitforex is well known for fake volumes and many new projects that end up there are not doing well at all, I'm pretty sure that CZ will do a wonderful job on Coinmarketcap