All exchanges must use trading bots to increase trading volume for them as well as create liquidity for the coins. This can be easily observed when looking at its order book.
Topic: Who are the people who trade ICO tokens on exchanges after listing? - page 2. (Read 230 times)
November 15, 2018, 11:30:49 AM
November 15, 2018, 11:24:41 AM
It doesn't make sense to take bitforex as an example consider about that exchange site has been used bot combined with fake volumes.
Yes, I know that. But it seems that he is confused due to high trading volume while bearish market. Therefore, I would like to tell him to find other exchanges to get a better answer.
November 15, 2018, 10:09:05 AM
those who trade them are traders who like to look for profits every day and
obviously that is a very good action because now is the opportunity to buy.
obviously that is a very good action because now is the opportunity to buy.
November 15, 2018, 09:51:13 AM
I think investors and traders are making the volume in exchanges. Some other investors use bot to trade for them that able to make them profits. Well we see the ups and downs in the exchanges every time because many are doing trading in the crypto currency market because of the high liquidity.
November 15, 2018, 09:36:15 AM
or
Do you take Bitforex as an example? As someone tell me earlier, BitForex fake trading volume in order to lead the top of exchanges in Coinmarketcap. I do not know whether it is true. But I think it probably happen. November 15, 2018, 09:08:46 AM
everyone!
at first it might have only been some people who sold their ICO tokens as soon as they were listed on an exchange but now that everyone knows the dump is imminent they are all rushing to dump it as fast as possible. and there is always the pump and dumps of these tokens that attracts a lot of people.
at first it might have only been some people who sold their ICO tokens as soon as they were listed on an exchange but now that everyone knows the dump is imminent they are all rushing to dump it as fast as possible. and there is always the pump and dumps of these tokens that attracts a lot of people.
November 15, 2018, 09:02:37 AM
or
Do you take Bitforex as an example? As someone tell me earlier, BitForex fake trading volume in order to lead the top of exchanges in Coinmarketcap. I do not know whether it is true. But I think it probably happen. November 15, 2018, 08:42:55 AM
Well, mostly investors or bounty hunters trade if there is a coin in order. But almost always after listing on the exchange in the first days, the volume of trades in the token or coin appears and then gradually fades away. Then the developers themselves include bots that trade among themselves and have almost no effect on the course, but they affect the volume per day. After all, if there is no volume there, then the exchange can delete and the developers do not need it.
November 15, 2018, 08:31:56 AM
There are probably thousands of tokens listed on respective exchanges now and most of their prices went downhill. However there are still being traded on a daily basis. Who are the ones trading them?
Example is below. There still a 24hour vol of 343 ETH, although price has been dropping since listing.
https://postimg.cc/f3fGnLV3
or https://postimg.cc/ftxJhYxc
Example is below. There still a 24hour vol of 343 ETH, although price has been dropping since listing.
https://postimg.cc/f3fGnLV3
or https://postimg.cc/ftxJhYxc
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