Two Exchanges Overtake Binance on CMC Rankings, But Research Suggests Volume Is Fake
Cointelegraph
Published Mar 21, 2019 12:17PM ET
Two Exchanges Overtake Binance on CMC Rankings, But Research Suggests Volume Is Fake
Today, on March 21, both LBank and Bit-Z overtook leading exchange Binance on the adjusted trade volume cryptocurrency exchange rankings on CoinMarketCap, but research published on March 18 by the Tie suggests most of their volume is fake.
At press time, LBank is in the third spot (formerly in first), Binance is in the second spot, and Bit-Z is currently holding the top spot. According to data contained in the Tie research, Bit-Z’s expected 30-day volume is only 0.79 percent of its reported 30-day volume.
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Written By: Cointelegraph
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