submitted by /u/benperrin117 [link] [comments] |
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Saturday, 14 January 2023
Discrepancies Between CoinmarketCap and CoinGecko Market Data, Covering Up Wash Trading?
Just today I was examining the BTC market trading data on CoinmarketCap: https://coinmarketcap.com/currencies/bitcoin/markets/
and I noticed that all of the sketchy exchanges nobody has heard of that do wash trading were gone from the list. I hopped on over to CoinGecko, https://www.coingecko.com/en/coins/bitcoin#markets and I found them again:
- Whitebit
- Bitmart
- P2B
- BigONE
- Deepcoin
- BingX
- Lbank
- ... 10+ more down the list
I suppose Coinmarketcap is trying to clean up BTC's image? It's probably not a good look to have $4 billion in wash trading volume every day...
If anyone uses these exchanges, I'd love to hear what they have to say about them.
[link] [comments]
source https://www.reddit.com/r/btc/comments/10b5x34/discrepancies_between_coinmarketcap_and_coingecko/
Coindesk: "Bitcoin Cash (BCH) prices surged nearly 10% in the past 24 hours as traders, such as @rewkang, shed light on potential network changes ahead of the protocol’s May hard fork."
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