News for hackers. Stuff that matters.

A comment on Bitcoin ETF research finds that 95% of Bitcoin volume is fake. Parent comment

Re:Bitcoin ETF research finds that 95% of Bitcoin volume is ... by flurdy on Friday March 22, 2019 @04:55PM (#19466855)
In the original twitter thread: https://twitter.com/BitwiseInvest/status/1109114665240616962

"5/ Only 10 exchanges have >$1M real daily bitcoin trade volume. @binance, @bitfinex, @krakenfx, @Bitstamp, @coinbase, @bitFlyerUSA, @Gemini, @itBit, @BittrexExchange, @Poloniex / @circlepay You can see the daily BTC trade volume on these exchanges at: http://www.bitcointradevolume.com "

Note: Not verified by me, just relevant to the source.

[ Parent | on HN ]
Re:Bitcoin ETF research finds that 95% of Bitcoin volume is ... by nostrademons on Friday March 22, 2019 @05:06PM (#19466975)
Yeah. Subjectively (and this is with a U.S. bias), I would've ranked them as Binance, Coinbase, Bitstamp, Gemini, Bitfinex, Bittrex, Kraken, Poloniex, Bitflyer, Circle, ItBit.

[Now I'm going to peek at the actual volume rankings. Hmm, not bad - Kraken is doing better than I thought, and I underweighted Bitfinex and Bitflyer per U.S. bias, but it's otherwise quite close.]

[ Parent | on HN ]
Re:Bitcoin ETF research finds that 95% of Bitcoin volume is ... by Not_a_pizza on Friday March 22, 2019 @05:45PM (#19467279)
Those match my extremely anecdotal observations in this arena.
[ Parent | on HN ]