It's wash trading: their bots buy and sell to each other to rise up trading volumes on BTC/USDT pair (making fake volumes).
Something wrong with their system for sure, and I know its a pure manipulation so they can attract more user/investor. Fake accounts, unbelievable trading volume and many more. Pumping the exchange using bots, be careful with dealing on this kind of exchanges, just saying. 
Topic: Coinex largest trade volume, who are they? - page 2. (Read 389 times)
Coinex suddenly jumped to no 1 by volume? what exchange this?
https://www.coingecko.com/en/exchanges/
It's pretty rediculous how coinex has been getting more than 1 billion for the daily volume trade of bitcoin. It's more than 40% from all daily trade volume of bitcoin. it looks like this exchange site has so many manipulation i suppose but i guess i just try to buy some coinex shares. https://www.coingecko.com/en/exchanges/
Many fake accounts have signed up on coinex, which is only looking for registration bonuses.
There're some exchanges like this one, for example: etherflyer.com. All of them are using bots trading to make artificial liquidity. I have tried to place some orders to test their systems and the result is that my orders did not match unless I buy/sell at the market prices. lol
It's wash trading: their bots buy and sell to each other to rise up trading volumes on BTC/USDT pair (making fake volumes).
I am unsure of this one
Coinex suddenly jumped to no 1 by volume? what exchange this?
https://www.coingecko.com/en/exchanges/
https://www.coingecko.com/en/exchanges/
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