Chasing Fake Volumes: CoinMarketCap Drops Volume Requirements for Listing

[kreslik.news]

CoinMarketCap.com has removed the minimum volume requirement for exchanges to list on the industry’s go-to aggregator of cryptocurrency data. Before that, the exchange reportedly should have over $50,000 of daily trading volume to qualify for listing with the CMC ranking system.

Though the change was apparently made earlier this week, CoinMarketCap did not publicize it until midday on Thursday.

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The site has also acknowledged the concerns aired by the crypto community about inflated turnover figures. And in an attempt to obtain a true picture of global cryptocurrency volume, it introduced new features that ... (read more)