According to the study group Blockchain Transparency Institute (BTI), only two of the twenty-five largest kryptomere artificially increase the volume of trading in currency pairs with bitcoin.
BTI compiled its own rating of sites on the basis of actual daily trading volume, not the data that the exchange give CoinMarketCap (CMC), headed Binance. In the same rating CMC, the company was at the time of the study only the third place. After Binance in ranking from BTI is located Bitfinex and Upbit (10 and 15 place at CMC, respectively). But, for example, the eighth in a real daily trading volume was Poloniex, which according to CoinMarketCap needs to be at 58 seats.
Source: Blockchain Transparency Institute (BTI)
Using its own methodology and tools that are not disclosed, BTI found four different strategies bots that are used by exchanges to increase trading volume.
For research was taken leading trade pairs with bitcoin with 25 exchanges, and found that only Binance and Bitfinex trading volume on 100% correspond to the declared CMC. In pairs with BTC kryptomere Huobi and HitBTC real transactions were 25% and many of this indicator did not exceed 1%.
Source: Blockchain Transparency Institute (BTI)
On the assessment of BTI, fees for listing tokens turned to kryptomere serious source of income. The average fee for a transfer token on the platform is about $50 million, the Institute was aware that payments from 5 to 75 BTC. According to researchers, 50 leading kryptomere, which account for about 95% of the total trading volume, received this year about $100 million of listing fees.
We will remind, earlier the Blockchain Transparency Institute (BTI) came to the conclusion that more than 70 of the top 100 kryptomere tracked service CoinMarketCap, involved in the laundering of illegal funds.
Source
