As Bitgov mentioned in the previous post, we selected a few major exchanges that we can trust as our data source: https://www.cryptingup.com/exchanges
Trading volume is an important factor, not only in the ranking but also in the price calculation which is based on volume weighted average. We plan to integrate with more exchanges in the future and assign a confidence score to each. Exchanges with higher score will have more influence in the price calculation.
Topic: www.CryptingUp.com - Cryptocurrency ranking by trading volume (Read 225 times)
Not so long ago, CMC was under fire for ranking exchanges based on trading volume alone. I was observed that so many shady and scam exchanges would manipulate the trading volume to be on the top ranking.
How are you going to ensure that the reported data does not manipulate the ranks? What other parameters will you be looking at, if any?
How are you going to ensure that the reported data does not manipulate the ranks? What other parameters will you be looking at, if any?
Unfortunately, Coinmarketcap was a mess at the time. Since then, I have stopped visiting it myself.
On CMC, there was (and still is) a lot of shady exchanges with completely unreal volumes. From what I can see, here are only a few, but trusted and well-established exchanges:
Binance
Coinbase
Huobi Global
Kraken
Bitfinex
Bittrex
Poloniex
Not so long ago, CMC was under fire for ranking exchanges based on trading volume alone. I was observed that so many shady and scam exchanges would manipulate the trading volume to be on the top ranking.
How are you going to ensure that the reported data does not manipulate the ranks? What other parameters will you be looking at, if any?
How are you going to ensure that the reported data does not manipulate the ranks? What other parameters will you be looking at, if any?
Thank you for your feedback.
We are working to add more data feeds to calculate market capitalization.
Ranking numbers: thanks for your observation, we will add that additional column
You're welcome. Those numbers are essentials and as you start out, that's normal if there are some data that cannot be seen. And at first, upon landing the page, I think it doesn't look good that the setting of the list is like a square. Why not just make it a normal long list that anyone can drop down. Not saying that you should copy cmc or coingecko but I think that's the standard. We are working to add more data feeds to calculate market capitalization.
Ranking numbers: thanks for your observation, we will add that additional column
Thank you for your feedback.
We are working to add more data feeds to calculate market capitalization.
Ranking numbers: thanks for your observation, we will add that additional column
We are working to add more data feeds to calculate market capitalization.
Ranking numbers: thanks for your observation, we will add that additional column
It would be nicer if you put them in rankings with their corresponding numbers on the left side just like the big companies has such as CMC. There's still a lot to improve and as I can see, the others don't have their total market cap on the side, while the others have.
I don't know what's the problem with that but basically, most of those that don't have their market caps should have it. And if someone looks at it using other websites of the same function, they'll see that info. So, it means that there's a lack of data on your website that you need to work on.
I don't know what's the problem with that but basically, most of those that don't have their market caps should have it. And if someone looks at it using other websites of the same function, they'll see that info. So, it means that there's a lack of data on your website that you need to work on.
www.CryptingUp.com
We provide accurate and up to date cryptocurrency data across the exchanges and markets listed in our website.
Features:
Our website supports the following exchanges:
https://www.cryptingup.com/exchanges
To view the full list of cryptocurrencies visit:
https://www.cryptingup.com/assets
If you would like to find out more our methodology (how the data is aggregated and price calculation):
https://www.cryptingup.com/methodology
We are looking forward to make a good contribution to the cryptocurrency space.
Follow us on https://twitter.com/CryptingUp
https://www.cryptingup.com/images/icon-48x48.png
We provide accurate and up to date cryptocurrency data across the exchanges and markets listed in our website.
Features:
- Automatic cryptocurrency listing
- Prices are re-calculated every minute
- 1h, 24h, 7d price change
- 24h volume
- Market capitalization
- Ranking by 24hr volume
- Watchlist to follow specific cryptocurrencies
- Create a public profile and share your watchlist
- Users can post information on their profile and cryptocurrency pages
- Mobile friendly
Our website supports the following exchanges:
https://www.cryptingup.com/exchanges
To view the full list of cryptocurrencies visit:
https://www.cryptingup.com/assets
If you would like to find out more our methodology (how the data is aggregated and price calculation):
https://www.cryptingup.com/methodology
We are looking forward to make a good contribution to the cryptocurrency space.
Follow us on https://twitter.com/CryptingUp
https://www.cryptingup.com/images/icon-48x48.png
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