as a westerner (aussie) who mainly trades on chinese exchanges (due to liquidity), i really don't see anything in the way of suspiciously fake trading volume.
funnily enough i do see some suspect stuff on a few smaller exchanges that i won't mention.
some however argue that the large chinese exchanges are fake volume because with ones without trading fees its the same coins going back and forth, which is kinda odd to label fake volume, as this is the same practice that makes up most the volume on stock exchanges world wide.
Those who say Chinese volume is fake are retarded, jealous cunts with no sense of morality, since their only objective is to push some shady exchange with actual FAKE volume (like Poloniex shit exchange operating from a shed), in order to push their scam/IPO coins like ''Ether''.
Chinese are known worldwide for loving to gamble and take risks. Just because the exchange have no fees doesn't mean they have no fees at all. There are definitely other fees involved, they are not operating for free, if they were, the exchanges would've been closed long time ago due to no income.
By removing the fees, they are simply attracting more users. More users = more volume.
Not hard to understand.
Litecoin is the only crypto in existence in China besides Bitcoin. Chinese don't give a crap about no-liquidity ipo/scam coins like Ether. I honestly doubt if even 0.0001% of Chinese LTC holders have heard of shit coin like Ether.
