The CoinMarketCap introduces new requirements to combat the bogus concerns

The CoinMarketCap introduces new requirements to combat the bogus concerns
фото показано с : bitcoints.com

2018-7-21 12:26

A recent post by CryptoExchangeRankings exposes how the new exchanges have successfully managed to move up their rankings on the popular cryptocurrency data aggregator and trader website CoinMarketCap (CMC).
In this model exchanges technically charge transaction fees later returning  them in the form of their native digital tokens.
Crypto Exchanges have been accused of using these low fees and wash trading tactics that ultimately result in high-trade volumes appearing on the CMC’s website.
The evolution of new models such as transaction mining also means that there needs to be new ways to account for volume.
It is an extremely demanding problem that requires all our stakeholders in the cryptocurrency community to solve,” wrote the company concluding the blog post.

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