Post
Topic
Board Altcoin Discussion
Re: Too many listed coins on exchange without volume, any reasons?
by
gabbie2010
on 03/09/2020, 14:31:35 UTC
It obvious that higher trading volum = more liquidity. liquidity refers to the ability of a coin to be converted into cash or other coins easily. Liquidity is important for any tradeable assets including cryptocurrencies.
Unfortunately, I have obversed that most coins listed this days on certain exchanges are without volume, that is, illiquid.
It is very clear that this situation was not common found before 2019.
What could be the reasons for this abnormalities. Your thoughts.
Some of those exchanges even faked the volume of those shit coins in a bid to deceive unsuspecting investors I always emphasis on and encourage any crypto investor to properly research for coins with more liquidity and volume and traded in a reputable exchange to avoid falling into a wrong hand ie exchange of course of numerous exchanges are out there in cryptosphere who are capitalizing on the non regulation of cryptos by involving shady deals to scam or defraud investors.