Post
Topic
Board Altcoin Discussion
Re: Crypto Bad Exchanges
by
pantek talacuik
on 25/10/2020, 13:15:44 UTC
The most annoying part about these crypto exchanges is their ranks on rating websites e.g coinmarketcap, I wonder how this website get so blind and over look the fake volumes and watch trades, they need to be exposed

This is true, Coinmarketcap isn't really checking if the volumes are correct. Maybe it is programmed on that way for faster listing, but hopefully their devs will fix this kind of mess.
There may be errors in installing the system or the system takes time to update from the real market. This is a fatal mistake made by Coinmarketcap even though Coinmarketcap has been around for a very long time.
Coinmarketcap is currently acquired by Binance, so you can clearly see how Binance's information differ from the rest in every ranking. Therefore, I no longer believe in CMC and switch to using Coingecko. They are better up-to-date and there are more types of cryptos.

Good advice to take a look at those things and see how good the exchange is. Have you been looking for accurate information or have you felt that way?