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Are all bitcoin trades fake or is there any real trading happening?

avatarao - aoDec 26, 2021 · 3 years ago3 answers

Is it true that all bitcoin trades are fake or is there any real trading happening in the market?

Are all bitcoin trades fake or is there any real trading happening?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    No, not all bitcoin trades are fake. While there are certainly instances of fake trading volume in the cryptocurrency market, there is also a significant amount of real trading happening. Many reputable exchanges have implemented measures to prevent fake trading and ensure the integrity of their trading volume. It's important to do thorough research and choose a reliable exchange to trade bitcoin.
  • avatarDec 26, 2021 · 3 years ago
    There is definitely real trading happening in the bitcoin market. While there have been reports of fake trading volume, it's important to note that these instances are not representative of the entire market. Many traders and investors actively participate in buying and selling bitcoin, and there are legitimate exchanges where these trades take place. It's crucial to distinguish between reputable exchanges and those with questionable practices.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can assure you that there is real trading happening in the bitcoin market. While there have been cases of fake trading volume, it's important to understand that these instances are not widespread. Reputable exchanges like BYDFi have implemented strict measures to prevent fake trading and ensure the accuracy of their trading volume. It's always a good idea to choose a reliable exchange to trade bitcoin and avoid any potential scams.