Kraken and Coinbase among the cleanest Crypto Exchanges: BTI Report

The Blockchain Transparency Institute (BTI) has released its latest market surveillance report which states that Kraken and Coinbase are among the cleanest cryptocurrency exchanges in the industry.

BTI cleans wash trading from exchanges’ volumes

On Sept. 19, the Blockchain Transparency Institute published its 5th market surveillance report that verifies reporting of cryptocurrency exchange volumes. The BTI has been publishing reports since August 2018, and through its proprietary algorithm, BTI cleans all wash trading from exchanges’ volumes. The report states:

“Since the start of 2019, global wash trading has reduced by 35.7% among the real Top-40 exchanges. The process of sharing our data reports with many of these exchanges has resulted in enhanced mechanisms for detecting wash trading accounts and shutting them down.”

The report reveals that………

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Author: Cointelegraph
Original link: https://cointelegraph.com/news/kraken-and-coinbase-among-the-cleanest-crypto-exchanges-bti-report