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Home / CRYPTOCURRENCY / Bitforex Exchange suddenly appears as #1 in 24h trading volume

Bitforex Exchange suddenly appears as #1 in 24h trading volume

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BitForex, a lesser-known exchange, suddenly appeared has the number one exchange in daily trading volume, leaving behind top dogs like OKEx, Huobi, and Finance.
According to CryptoProbe and coinmarketcap, the 24h volume skyrocketed to $6,656 billion, for comparison, Binance only trades one billion and Bitmex the second placeholder in volume trades about 3 billion in 24h, half of what BitForex is reporting. 
IMAGE FROM CRYPTOPROBE (APPLYING SORT BY VOLUME)
Like BitMEX, BitForex uses the trans-free model, which provides a system of incentives for traders for their activity. Many experts criticize this model. They are sure that the trans-free can artificially increase the volume of conducted operations through fictitious transactions.
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About RAM KISHOR
I am an Online Network Marketer, Blogger, Team Builder and Risk Taker I do promote Business for other MLM companies I do preliminary Investigate/Research for the companies before I start working but some time it won’t turn up as per my expectations. – “The fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore”.

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