Post
Topic
Board Exchanges
Re: What's the size of Bitget compared with that of Binance, Bybit and FTX?
by
Tytanowy Janusz
on 13/08/2021, 05:45:02 UTC
It's really that unexpected that a newly heard BitGet has this volume, registered users and they claim it's on the Top 5, what a good publicity to be honest https://www.bitget.com/en/aboutus The size is really incomparable to the exchange you are comparing with and I think there's manipulation on the BitGet sides.

According to CMC Bitget is only 1 year younger than Binance. So its not that new. The problem is that hype around it is too small compared to other exchanges with smaller volume. For instance everyone knows Poloniex or bitfinex (5 times smaller volume).

When you open spot BTC/USDT trading pair it llooks even more weird. Transaction each 1-5 sec (most likely random number in a range 1 to 5 sec). Hardly ever we can seen 2 transaction during 1 second. Compare it to kucoin (same volume) where you almost all time see a spam of TXs during one second.



Proves that traffic on Bitget is couple times smaller even if the transactions we see are real (and they dont look real at all).