Is Crypto Trading Volume Really Being Faked to the Tune of $13.8 Billion?3.4

According to a report conducted by crypto trading information portal The Tie, a huge percentage of cryptocurrency trading volume is suspicious. Estimates were arrived at using average website visits versus reported trading volume and comparing this figure those found at the digital asset industry’s most reputable exchanges.

Using this methodology, The Tie have argued that as much as 87% of the reported trading volume at crypto exchanges could be fraudulent and that real trading volume might be as low as $2.1 billion.

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