I have also checked this exchange, surprisingly when I look at the trading pairs, most trading pairs are empty. The altcoins listed here do not seem to have any volumes, and they use bots a lot at major trading pairs. It is best to stay away from this exchange as soon as possible
Coindesk just reported on this exchange with it having "a very high probability" that everything is washed.
The CEO of Chainx said that it does look like wash trading, although he said it was "most likely coin project teams that did it". When asked by Coindesk who the hell would help him conduct wash trading to benefit his exchange
Chainx CEO said... HE DOES NOT KNOW!!!
