Report: Many BTC Pairs Have True Volume Under 1% Of Reported Volume

 December’s Exchange Volumes Report by the Blockchain Transparency Institute (BTI) reveals that from CoinMarketCap’s top 25 Bitcoin (BTC) trading pairs, most have actual volumes of less than 1% of what is being reported by the exchanges. Known as wash trading, exchanges and traders use bots and automated tools to wash trade in order to inflate the volume of activity on a pair. In effect it makes an exchange look far busier and full of active participants in the marketplace, when in reality it may be only 1% of what is showing on the order books. Full coverage: https://bitfudge.com/20181217-exchange-volumes-report-many-btc-pairs-have-true-volume-under-1-of-reported-volume/ Are you a user of any of these exchanges? How do you feel about exchanges wash trading? Let us know in the comments below.