Researchers have called the top-9 bitcoin exchanges that do not overestimate trading volumes. Kraken among the leaders

Kraken cryptocurrency exchange is recognized as the most transparent exchange with real trading volume, data on which is 99% identical with the information provided by the platform. This is evidenced by a report from researchers at the Blockchain Transparency Institute (BTI).

REAL TIME is out! Today we also launch BTI Verified Wash. Full report: https://t.co/08ibykGQNd pic.twitter.com/T3RhDKrl8G

– Blockchain Transparency Institute (@BTI___) April 11, 2019

The report data is based on the BTI Verified algorithm, which studied individual accounts of bidders.

“The trading volumes of the Gate.io, Bitso, Upbit, Bittrex, Poloniex, Liquid, Coinbase, Lykke and Kraken stock exchanges are 90% not the result of fictitious trading,” the study said.

Next after Kraken, Coinbase and Upbit come with 97-99% confidence in trading volumes. At the same time, Bitfinex platform was defined as “almost transparent”. Information is expected to be updated as new data becomes available.

BTI analysts emphasize that artificial pumping of volumes causes damage to investors and projects.

Recall that in March, Bitwise Asset Management reported that 95% of trading volumes on unregulated exchanges are fake and devoid of any economic sense.

This information was confirmed by the popular analytical resource CoinMarketCap and promised to introduce new metrics to combat inaccurate data. In particular, update the indicators that it uses to measure and report on the volume of trade.

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